Equip4work Ltd

Equip4work Ltd from Stafford UK: a large company, holding company, active status, founded 20 years ago, 64 employees, £5,258,472 assets, yearly revenue: £31,991,478, real address, 2 directors, 1 owner, e-commerce site, google rating 2.0 based on 30 reviews. Regular importer of furniture, lighting, and prefabricated buildings (389 months imported). Regular exporter of furniture, lighting, and prefabricated buildings (20 months exported).

Equip4work Ltd is a sizable holding company based in Stafford, UK, operating as a large e-commerce business. Established twenty years ago, it employs sixty-four people and boasts substantial assets of £5.26 million, generating a yearly revenue of £31.99 million. The company, with two directors and one owner, is actively trading and has a real address, and a modest 2.0-star rating on Google based on thirty reviews.

The business specializes in the online sale of office furniture, lockers, and workshop equipment, catering to a wide range of customers. Its website showcases a vast catalog, from office chairs and desks to specialized storage solutions and safety gear. It also imports and exports furniture, lighting, and prefabricated buildings—a considerable 389 months of importing and 20 months of exporting activity recorded.

Financially, Equip4work Ltd’s recent performance paints a mixed picture. While turnover remained strong, several key metrics show concerning trends. Accrued liabilities decreased by 41%, which is good, but accumulated amortisation impairment of intangible assets increased by 4.3%. Administrative expenses fell by 13%, which is positive, but cash bank on hand plummeted 91% to just £54,000. Average number of employees decreased significantly by 62%, dropping to twenty-four. Current assets also fell by 37% to £5.3 million.

Despite these challenges, the company’s large asset base and strong revenue suggest it has the resources to weather the storm. The decrease in staff could be due to restructuring or automation efforts, and the drop in cash reserves might reflect investments in inventory or marketing. The company’s auditor, not mentioned in the report, likely isn't required due to its size, meaning the financial statements are unaudited. Overall, Equip4work Ltd appears to be navigating a period of change, with both opportunities and risks ahead.

Registered in England/Wales under the registration number 05209361, with a registered address at ST16 3DR, England, Stafford, Equip4work St. Albans Road Industrial Estate, Common Road.

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