Equate Group Limited

Equate Group Ltd, based in Aylesbury, UK, is a small, active company founded 18 years ago. With eleven employees and £309,208 in assets, it’s a family business led by three directors and two owners, holding a respectable 4.0 Google rating from a single review. The company is primarily an irregular importer of optical and medical tools and devices, with its last import activity recorded one months ago in April 2022. It operates in the telecommunications industry.

The company’s website highlights its expertise in IT support, cyber security, and telecoms services for small businesses. It offers solutions ranging from Cyber Essentials certification and managed IT support to hosted VoIP and broadband connectivity. A key focus is on protecting businesses from cyber threats and ensuring seamless communication, with a particular emphasis on transitioning to VoIP before BT’s planned switch-off. The website also promotes a recent award won by its Sales Director, Alex Davis, underscoring its commitment to excellence. The site is well-designed and clearly targets small businesses seeking reliable and secure IT solutions.

Financially, Equate Group Ltd’s report reveals some concerning trends. While cash reserves increased significantly to £140,000, net assets decreased by 58% to £4,800. Bank borrowings fell by 60% to £4,000, and trade debtors dropped by 45% to £79,000, which could indicate improved collection efforts or a reduction in sales. Creditors increased by 13% to £45,000, and net losses deepened to -£23,000. 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 decline in equity is a cause for concern. No auditor is mentioned, likely due to the company’s exemption as a small entity. The figures rely on unaudited statements.

Registered in England/Wales under the registration number 06004865, with a registered address at HP22 6BN, Aylesbury, Buckinghamshire, 6 Station Approach, Wendover.

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