Eseno Ltd

Eseno Ltd, based in Bideford, UK, is a small, active company founded 16 years ago. With £491,021 in assets and a real address, it operates as a regular importer of plastics and plastic products, having imported for 31 months, with the last activity in December 2020. The company runs an e-commerce site and is managed by two directors and one owner, Owen Steven John. It operates in the retail sale via mail order houses or via internet, and other retail sale not in stores, stalls or markets.

The company’s website, while not explicitly detailed in the report, suggests a focus on retail sales through online channels. The e-commerce presence indicates a modern approach to sales, likely targeting a broad customer base with a range of plastic products.

Financially, Eseno Ltd presents a mixed picture. While current assets increased by 8.1% to £450,000, there's a concerning trend. Bank borrowings surged by 9000% to £17,000, and cash reserves fell 13% to £290,000. Debtor levels have plummeted by 96%, which could indicate issues with customer payments or a deliberate shift in credit policies. Creditors, however, have risen by 77%, suggesting a need to manage short-term liabilities. 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 significant increase in borrowing and decrease in debtors warrants attention. No auditor is mentioned, which is common for small, exempt companies.

The company’s reliance on imports, particularly given the last recorded activity being over three years ago, could be a vulnerability. While the e-commerce presence suggests a modern, customer-focused approach, the financial data reveals a need for careful management of cash flow and debt.

Registered in England/Wales under the registration number 06786196, with a registered address at EX39 3HN, England, Bideford, Devon, Unit 4 Clovelly Road Industrial Estate.

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