Espace Europe Limited
- Small
- Holding
- Active
- 25 years
- 41 employees
- £2,387,904 (assets)
- Real address
- 4 directors
- 1 owner
- Regular importer
- Regular exporter
Two conditions of three:
1.Turnover < £10.2 million
2.Balance sheet total < £5.1 million
3.Average number of employees < 50
Field of Operation
Website
Summary
Espace Europe Ltd from Burntwood UK: a small holding company with an active status, established 25 years ago in 2000, employs 41 people and holds £2,387,904 in assets. Based at a real address with four directors and one owner, the company regularly imports machinery, boilers, and mechanical appliances—parts (for three months), and exports optical and medical tools and devices (for ten months).
The company operates in the freight transport by road industries, and its website is currently unavailable, making it difficult to determine if it engages in e-commerce or other online activities.
Financially, Espace Europe Ltd’s report shows some interesting trends. While cash reserves increased by a solid 30% to £750,000, current assets decreased by 7.3% to £2,400,000. Bank borrowings were reduced by 43% to £40,000, which is a positive sign, but trade debtors have fallen significantly by 19%, suggesting a potential issue with collecting payments. Creditors have also decreased by 11%, which could indicate improved debt management. The company’s small size—meeting two of three conditions for being classified as small—helps it remain flexible. The report doesn’s mention an auditor, which is typical for companies of this size.
Equity increased by 11% to £680,000, which is a good sign. The company’s financial instruments, including accrued liabilities and deferred income, have seen increases, but the overall picture suggests a company that’s navigating a period of change—perhaps adjusting to new market conditions or optimizing its operations. It’s clear that the company is facing some financial pressures, but it’s also demonstrating resilience in managing its debts and maintaining a healthy cash position.
Registered in England/Wales under the registration number 03937367, with a registered address at WS7 3GF, England, Burntwood, Staffordshire, 5 Newlands Court, Attwood Road.
WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.
Owners & PSC
-
Corporate
- 9 years
- 1
- 75%+
-
Resident of United Kingdom
Managers
-
Individual
- 2 years
- 1
-
Resident of Poland
-
Individual
- 3 years
- 1
-
Resident of United Kingdom
-
Individual
- 3 years
- 2
-
Resident of United Kingdom
-
Individual
- 3 years
- 1
-
Resident of United Kingdom
Last reports
The latest confirmation statement submitted ten months ago.
Last news
-
Total exemption full accounts made up to 2024-03-31Download 11 pages pdf report
-
Confirmation statement made on 2024-07-25 with no updatesDownload 3 pages pdf report
-
Director's details changed for Mr Geoff Yates on 2023-09-18Download 2 pages pdf report
Importer profile by HS codes
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Last imported products
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Exporter profile by HS codes
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Last exported products
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Similar exporters
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FAQ about Espace Europe Limited
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