Equip247uk Limited

Equip247uk Limited is a small, active company based in Ashford, UK, established eight years ago in 2017. The firm, with three employees and £134,052 in assets, operates a real address and is led by a single director and owner, Dixon Adrian Michael, who is also the solo founder. The company runs an e-commerce site specializing in DIY tools and equipment.

The website, Equip247UK, showcases a wide range of products, from dust sheets and polythene to plumbing, heating, and gardening accessories. It emphasizes quality goods, a price promise, friendly customer service, and next-day delivery options. The site also features a blog with helpful advice and product information, and a section for wholesale customers. It's clear Equip247uk is focused on providing a comprehensive online shopping experience for trade and DIY enthusiasts.

Financially, Equip247uk Limited presents a mixed picture. Current assets have fallen by 11% to £130,000, while net assets have dropped by 17% to £190,000. Bank borrowings have decreased by 8.4%, and cash reserves have declined by 22% to £50,000. Creditors have also decreased significantly, falling by 40% to £61,000. The company’s small size—meeting two of three criteria for a small company—allows for flexibility, but the decline in equity and cash reserves suggests a need for careful management. It’s worth noting that the company is exempt from an audit as a small entity, so the figures are unaudited. Amounts owed to directors have increased by 24%, which is something to keep an eye on.

Overall, Equip247uk Limited appears to be navigating a period of change. While the e-commerce platform seems well-established and customer-focused, the financial data indicates some challenges. Whether the company can maintain its growth trajectory and profitability remains to be seen, but its focus on quality products and customer service provides a solid foundation.

Registered in England/Wales under the registration number 10702853, with a registered address at TN26 2PL, England, Ashford, Kent, Unit 4 Fairview Industrial Park, Hamstreet Road, Ruckinge.

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