Euro Options Limited

Euro Options Ltd, based in Littleborough, UK, is a sizable company with an active status, celebrating 26 years in business. Employing 39 people and boasting assets of £14,592,178, it operates from a real address and is overseen by four directors and two owners. Its impressive 5.0 Google rating, based on four reviews, speaks to its customer service. The company is a regular importer and exporter of machinery, boilers, and mechanical appliances; parts, with 637 months of import activity and 948 months of export activity recorded.

Euro Options Ltd functions as a leading distributor of IT hardware to Europe’s premier IT resellers, shipping to over 80 countries. Its website highlights a focus on servers, storage, and PSG hardware, alongside configuration, delivery, and custom packaging options. The company emphasizes its ability to offer same-day delivery and even install software for a true plug-and-play experience. It also provides support for customers needing to return products.

Financially, Euro Options Ltd’s recent performance presents a mixed picture. While cash reserves increased significantly by 1400%, reaching £4,000,000, net assets decreased by 17% to £11,000,000. Bank borrowings dramatically reduced by 100%, falling to just £3,900, and current assets also decreased by 31% to £15,000,000. Creditors decreased by 39% to £2000,000, suggesting improved debt management. The company’s turnover is estimated to be under £36 million, and it meets two of three criteria to be considered large. The company’s auditor is Monetta LLP. The significant drop in net assets, however, warrants further investigation. It is possible that this is a temporary fluctuation, or it could indicate underlying challenges. The company's reliance on a small number of directors and owners could also present a risk if any key personnel were to leave.

Registered in England/Wales under the registration number 03640289, with a registered address at OL15 9FG, Littleborough, Lancashire, Unit 5a Greenvale Business Park, Todmorden Road.

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