Esda Limited

Esda Ltd from Gloucester UK: a small, active company founded 14 years ago, employs five people, and holds £157,886 in assets. It’s a family business with a real address and two directors and owners, operating an e-commerce site. The company operates in the retail sale via mail order houses or via internet industries.

Financially, Esda Ltd’s recent performance shows some concerning trends. Net assets have fallen dramatically, dropping 99% to just £300—a significant decrease. Bank borrowings have increased substantially, jumping 47% to £53,000, while cash reserves have plummeted 85% to just £4,600. Current assets have also fallen by 32% to £160,000. Creditors, however, have decreased by 12%, suggesting some improvement in managing short-term debt. The company’s small size (meeting two of three criteria for being small: turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) helps it remain flexible, but the sharp decline in equity raises questions. With no auditor mentioned (likely exempt as a small company), the figures are based on unaudited statements.

The company’s e-commerce site suggests a focus on plumbing and heating supplies, with a wide range of products listed. The site's extensive product listings and VIP trade account options indicate a business geared toward professional customers. Despite the financial challenges, Esda Ltd appears to be maintaining a relatively active online presence, with blog posts and customer reviews. It’s unclear if the financial difficulties will impact the company’s ability to continue its operations, but the business’s focus on a niche market and its established online presence could provide a foundation for future growth.

Registered in England/Wales under the registration number 07265551, with a registered address at GL4 4AH, Gloucester, 6 Harebell Place, Abbeymead.

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