Essential Online Traders Ltd

Essential Online Traders Ltd, based in Okehampton, UK, is a small, active company founded six years ago. With just two employees and £33,669 in assets, it operates as a solo founder-led e-commerce site boasting a perfect 5.0 Google rating from one review. The company’s registered address is real, with only one other business registered there. Cousins Peter Timothy is both the director and owner, overseeing operations.

The company’s website showcases a diverse range of products, from pet equipment and pond supplies to home brewing essentials and vehicle accessories. It’s a veritable online marketplace, catering to a wide array of hobbies and practical needs. Products are categorized neatly, with clear pricing and descriptions—a testament to a well-managed online store. They also sell tarpaulins in various sizes and materials, and have a section dedicated to garden equipment and watering solutions.

Financially, Essential Online Traders Ltd presents a mixed picture. While cash bank on hand increased by 12% to £34,000, current assets decreased by 13% to £34,000. Debtors vanished completely, dropping 100% to zero—a significant change. On the positive side, creditors decreased by 40% to £11,000, suggesting improved financial management. Equity grew by 13% to £24,000. The company meets the criteria for a small company, with turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. As a small company, it’s exempt from an audit, so the financial statements are unaudited.

Overall, Essential Online Traders Ltd seems to be navigating a period of change. While it has a strong online presence and a loyal customer base, the fluctuating financials indicate a need for careful monitoring. The absence of debtors is a little unusual, and the company will need to keep a close eye on its cash flow to ensure continued success.

Registered in England/Wales under the registration number 11901044, with a registered address at EX20 1FY, England, Okehampton, 8 Summering Close.

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.