Essential Supplies Uk Limited

Essential Supplies Uk Ltd, based in Callington, UK, is a small, family-run business with an active trading status. Founded 29 years ago in 1995, the company employs 24 people and holds £1,183,624 in assets. It operates from a virtual address, with three directors and two owners overseeing its operations. The business is a regular importer and exporter of electrical machinery and equipment, with 57 months of import activity and 59 months of export activity recorded.

The company’s website, while not providing detailed information, suggests a wholesale operation focused on electronic and telecommunications equipment and parts. It’s likely that the company supplies businesses rather than selling directly to consumers. The company operates from a virtual address, which is probably virtual as forty three companies registered at the same address.

Financially, Essential Supplies Uk Ltd presents a mixed picture. While current assets increased by 15% to £1,200,000, net losses deepened from -£810,000 to -£1,000,000. Bank borrowings surged by 2,400%, reaching £29,000, and cash reserves fell 30% to £28,000. Trade debtors ballooned by 890%, suggesting delayed customer payments or expanded credit terms, and creditors rose 35% to £34,000. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) helps it stay agile, but the sharp equity drop raises questions. With no auditor mentioned (likely exempt as a small company), the figures rely on unaudited statements.

The company's property, plant, and equipment increased by 39%, suggesting investment in its operations. However, depreciation also increased, which is normal. The company is probably facing some financial challenges, but it's also investing in its future.

Registered in England/Wales under the registration number 03119738, with a registered address at PL17 7AJ, England, Callington, 52 Fore Street.

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