Eqp Services Ltd

Eqp Services Ltd, based in Kingston Upon Thames, UK, is a small, active company founded ten years ago in 2014. Employing eight people and holding just £1 in assets, it operates from a virtual address shared by seventeen other companies, managed by one director and owner. The business regularly imports organic chemicals (forty months of activity) and exports miscellaneous chemical products (seventeen months), showcasing a focus on chemical supply chains.

The company’s website reveals a broader scope, specializing in construction site services, hard landscaping, and fuel delivery across Lanarkshire and the Central Belt of Scotland. It offers site clearances, groundworks, plant hire, and fuel supplies, catering to commercial and industrial clients. The website emphasizes expertise, safety, and sustainability—hallmarks of a reliable construction partner. They even offer plant machinery hire, including mini diggers and dumpers.

Financially, Eqp Services Ltd presents a concerning picture. Net assets plunged to a negative £190,000, a significant drop from previous years, and current assets remain at just £1. Bank borrowings have increased, and cash reserves are virtually non-existent. Creditors remain steady at £190,000, suggesting they are managing their short-term debts, but the overall trend points to financial strain. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for flexibility, but the deep equity losses raise questions about its long-term viability. The accounts are abridged and unaudited, and there’s no mention of an auditor, which is typical for small companies.

It seems like Eqp Services Ltd is struggling to maintain a positive financial footing, despite a clear focus on construction services and a well-presented website. The company's reliance on chemical imports and exports, coupled with the negative equity, suggests a challenging business environment.

Registered in England/Wales under the registration number 09206644, with a registered address at KT2 6PT, England, Kingston Upon Thames, 1 Princeton Mews, 167-169 London Road.

WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.