Equipaxxess Limited

Equipaxxess Ltd from Bournemouth UK: a small, active company founded 21 years ago, boasts two employees and holds £546,949 in assets. With a real address and three directors, including one owner, the company operates as both an importer and exporter. It regularly imports furniture, lighting, and prefabricated buildings – a trend seen over the last seven months – while consistently exporting machinery, boilers, and mechanical appliances, a pattern spanning a remarkable 219 months.

The company's core business revolves around providing support activities for other mining and quarrying industries. It's a small business, meeting two of three conditions: turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. The company's website is non-existent, making it difficult to assess its online presence or e-commerce activities.

A review of the company’s financials reveals a mixed picture. While cash bank on hand has decreased by 27% to £380,000, trade debtors have increased by 47% to £160,000, suggesting potentially delayed payments from customers. Equity has also declined by 8.7% to £1.1 million, and net assets have fallen to £1.1 million. Creditors have increased significantly, by 120%, to £110,000, and bank borrowings have also increased. The company’s small size allows for agility, but the decrease in equity and cash reserves warrants attention. The lack of an auditor mentioned suggests the company is exempt due to its size, and the financial statements are unaudited.

The company’s consistent export activity, particularly in machinery and mechanical appliances, seems to be a key strength. The decrease in cash reserves and increase in creditors could be attributed to the company’s growth, or perhaps a temporary dip in sales. The company's financial stability, however, is something to keep an eye on.

Registered in England/Wales under the registration number 04926012, with a registered address at BH4 9LA, Bournemouth, Dorset, 2 Willow Close, 46 Branksome Wood Road.

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