E.s.b. Environmental Limited

Esb Environmental Ltd, based in London, UK, is a small, active company founded 30 years ago. With just two employees and £47,457 in assets, it operates from a virtual address, a detail flagged by the presence of 474 other companies registered at the same location. The company is led by two directors and a single owner, who also serves as the solo founder. Esb Environmental Ltd regularly imports treated or layered fabrics for industrial use, with three months of import activity recorded, and occasionally exports these same materials, with two months of export activity.

The company’s website is non-existent, so it’s difficult to ascertain the full scope of its operations. However, it appears to be operating in the other engineering activities industries. It’s a small company as it met two conditions of three: turnover less than £10.2 million, balance sheet less than £5.1 million, and employees less than 50.

Financially, Esb Environmental Ltd shows some concerning trends. While cash bank on hand increased significantly by 520% to £6,700, net assets decreased by 19% to -£87,000. Trade debtors increased by a substantial 74%, reaching £40,000, which could indicate difficulties in collecting payments. Conversely, creditors rose by 52% to £22,000, suggesting increased reliance on short-term borrowing. A significant decrease in the number of average employees during the period, dropping 50% to one person, is also noteworthy. The company's accountants, Kreston Reeves LLP, prepared the financial statements, but the company is exempt from an audit. The accounts status is audit exempt with accountants report.

The company's reliance on short-term borrowing and the decrease in equity suggest it might be burning through money, although the increase in cash reserves offers a small degree of reassurance. The lack of a visible online presence and the virtual address raise questions about its operational transparency.

Registered in England/Wales under the registration number 03036464, with a registered address at E1 6RA, United Kingdom, London, 2nd Floor 168 Shoreditch High Street.

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