Eskuta Limited

Eskuta Limited, based in Nuneaton, UK, is a small, active company founded eleven years ago in 2014. With eleven employees and £653,073 in assets, it operates from a real address and is overseen by two directors and one owner. Boasting a 4.0 Google rating from 155 reviews, Eskuta is a regular importer of vehicles, parts, and accessories—specifically, not for trains or trams—with 42 months of import activity recorded.

The company’s primary focus is the design, manufacture, and sale of electric bikes and eCargo vehicles, as evidenced by its website. Eskuta positions itself as a leader in last-mile delivery solutions, offering a range of eBikes and eMotorcycles catering to both individual consumers and commercial fleets. The website showcases a wide variety of models, accessories, and services, including cycle-to-work schemes and ULEZ compliance support. It's clearly an e-commerce business, with a focus on online sales and direct-to-consumer engagement.

Financially, Eskuta Limited's recent reports paint a mixed picture. Current assets have seen a significant drop of 62%, falling to £610,000, while net assets have decreased by 36% to £460,000. Cash reserves have also plummeted 71%, leaving just £67,000. Trade debtors have fallen by 64%, which could indicate improved collections, but the increase in creditors by 28% to £1.2 million suggests a greater reliance on short-term financing. The company’s fixed assets have seen an astonishing increase of 1400%, reaching £1 million, likely due to the purchase of intangible assets like copyrights and patents. It's a small company, meeting two of three conditions for classification (turnover under £10.2 million, assets under £5.1 million, fewer than 50 employees). The lack of an auditor is typical for a small company.

The sharp decline in cash reserves and net assets, combined with the increased reliance on creditors, suggests Eskuta is burning through money. The substantial investment in intangible assets—copyrights and patents—hints at a strategic focus on intellectual property and long-term growth, but it also adds financial risk. While the company’s strong Google rating and e-commerce focus indicate customer satisfaction, the financial data suggests a need for careful management and potentially, a renewed focus on profitability.

Registered in England/Wales under the registration number 09042298, with a registered address at CV11 4PR, England, Nuneaton, Creaton House, Freer Street.

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