Ergo Group Ltd

Ergo Group Ltd is a small, active company based in Salford, UK, established 29 years ago in 1996. With 37 employees and £1,914,095 in assets, it operates from a virtual address – fifteen companies registered at the same location, raising questions about its physical presence. The company is a family business led by four directors and two owners, with a focus on importing and exporting toys, games, and sports equipment. It’s been importing for 22 months, with the last operation in February 01, 2025, and exporting for 10 months, with the last operation in June 01, 2024. The company operates in the other retail sale not in stores, stalls or markets industries.

The company’s website isn’t available for review, so it’s impossible to determine if it’s an e-commerce operation. However, the import/export focus suggests a wholesale or distribution model, possibly supplying retailers or other businesses.

Financially, Ergo Group Ltd shows some concerning trends. While current assets initially stood at £2,500,000, they’re now at £1,900,000 – a 24% decrease. Net assets have also declined significantly, falling 26% to £890,000. Bank borrowings have increased by 51%, reaching £200,000, while cash reserves have grown by 44% to £150,000. Trade creditors have decreased by 52%, which could indicate improved debt management. The company’s small size (meeting two of three conditions for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for flexibility, but the equity drop and increased borrowings warrant closer examination. The lack of an auditor (likely exempt as a small company) means the figures are unaudited.

The company’s reliance on imports and exports, combined with the financial pressures, suggests a need to carefully manage costs and maintain strong supplier relationships. The decrease in assets could be due to increased investment in inventory or other operational expenses, but it’s important to monitor these trends closely.

Registered in England/Wales under the registration number 03169676, with a registered address at M3 5JZ, Salford, Manchester, Alex House, 260/8 Chapel Street.

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