Escribers Ltd

Escribers Ltd from London UK: a small, active company founded nine years ago, employs nine people, and holds £1,689,169 in assets. It operates from a virtual address—shared by over thirteen thousand other companies—and is managed by six directors, with no owners reported. The company boasts a respectable Google rating of 4.0 based on sixteen reviews and is a regular importer of electrical machinery and equipment, with its last import operation dating back to February 2020.

The company’s website highlights its core service: transcription. Escribers Ltd provides court reporting and transcription services for arbitrations, inquiries, depositions, and meetings. It holds accreditations and caters to courts and tribunals across the UK, with a dedicated section for joining their team as a transcriber. The site also mentions a separate division focusing on piano restoration, hinting at a diverse range of activities.

Financially, Escribers Ltd’s recent performance shows some concerning trends. While current assets have increased significantly—jumping 630% to £1.7 million—net assets have plummeted 120% to -£710,000. Bank borrowings have surged 7,700% to £1.4 million, and creditors have ballooned by 1,600% to £9.5 million. Trade debtors have also increased substantially, by 890% to £1.6 million. The company's average number of employees has risen by 56% to fourteen, which may explain the increased costs. The company’s small size—meeting two of three conditions for classification—helps it remain agile, but the sharp decline in equity raises questions about its long-term sustainability. No auditor is mentioned, likely due to the company's small size and exemption from mandatory audits.

Registered in England/Wales under the registration number 09892966, with a registered address at WC1N 3AX, United Kingdom, London, 27 Old Gloucester Street.

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