Espasso Ltd
- Active
- Small
- Holding
- 13 years
- 0 employees
- £319,430 (cur assets)
- 0-1m
- Regular importer
- Regular exporter
- Virtual address
- 2 directors
- 1 owner
- Sittingbourne
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
Espasso Ltd from Sittingbourne UK is a small holding company with an active status, established twelve years ago in 2013. The company employs just three people and holds assets totaling £382,509. It operates from a virtual address, a fact highlighted by the presence of forty-three other companies registered at the same location. Two directors and one owner oversee the business, which functions as both a regular importer and exporter of furniture, lighting, and prefabricated buildings.
The company’s website showcases a wide range of furniture, from seating (including 212 armchairs) to storage solutions and outdoor collections. It appears to be an e-commerce platform, offering a curated selection of pieces from both established and emerging designers, including names like Arthur Casas and Sergio Rodrigues. The site also features a "Vintage" section, suggesting a focus on unique and collectible items.
Financially, Espasso Ltd has experienced some turbulence. Current assets have fallen by 28% to £380,000, while net assets have plummeted 41% to £200,000. Bank borrowings have increased by 35% to £95,000, and cash reserves have decreased by 34% to £190,000. Trade debtors have also seen a significant drop, falling by 43% to £75,000. Despite these challenges, creditors have decreased by 3.7% to £150,000, suggesting improved debt management. As a small company (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees), Espasso Ltd benefits from agility, but the decline in equity warrants close attention. No auditor is mentioned, reflecting its exemption as a small company. The company’s focus on design and curated collections, however, provides a potential buffer against these financial pressures.
Registered in England/Wales under the registration number 08398528, with a registered address at ME10 5BH, Sittingbourne, Kent, 12 Conqueror Court.
WARNING: The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.
Ports, countries, transport, and price/kg were calculated by CorpSignals; non-official data, may contain errors.
Owners & PSC
-
Corporate
- 9 years
- 75%+
-
Resident of United Kingdom
Managers
-
Individual
- 5 years
-
Resident of United Kingdom
-
Individual
- 13 years
-
Resident of United States
Last reports
The latest confirmation statement submitted one year ago.
Last news
-
Total exemption full accounts made up to 2024-12-31Download 12 pages pdf report
-
Confirmation statement made on 2025-02-12 with no updatesDownload 3 pages pdf report
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Total exemption full accounts made up to 2023-12-31Download 9 pages pdf report
Importer profile by HS codes
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Import HS codes in detail
Last imported products
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* Warning: Ports, countries, transport, and price/kg were calculated by CorpSignals; non-official data, may contain errors.
Exporter profile by HS codes
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Export HS codes in detail
Last exported products
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* Warning: Ports, countries, transport, and price/kg were calculated by CorpSignals; non-official data, may contain errors.
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