Euro Roofing Supplies Limited

Euro Roofing Supplies Limited, based in Ipswich, UK, is a small, active company established 11 years ago. With three employees and £272,998 in assets, it operates from a virtual address shared by many other businesses. The company boasts a perfect 5.0 Google rating from two reviews and is managed by three directors and three owners. It’s a regular importer of stone, plaster, cement, and similar materials, with the most recent import activity occurring in September 2024.

The company’s website, Euro Building Supplies, showcases a comprehensive range of roofing supplies, including breather membranes, dry fix tile vents, flexi pipes, and builders metal work. It positions itself as a “one-stop shop” with over 30 years of experience, emphasizing exceptional customer service and competitive pricing. The site also highlights a commitment to leading the change in the roofing industry, with a focus on teamwork and innovation. It even offers a digital brochure subscription for weekly deals.

Financially, Euro Roofing Supplies Limited presents a mixed picture. Current assets have decreased by 14%, dropping to £270,000, while net assets have plummeted 60%, settling at £42,000. Bank borrowings have increased by a significant 33%, reaching £140,000, and cash reserves have jumped 2300%, rising to £2,900. Creditors have also increased by 8%, reaching £230,000. The company’s small size—meeting two of three criteria for a small company—helps maintain agility, but the substantial equity decline suggests potential financial pressure. With no auditor mentioned, the figures are unaudited.

It appears the company is navigating a period of change, with increased borrowing and a decrease in equity. Whether this is a temporary setback or a longer-term trend remains to be seen, but the company’s focus on customer service and its broad product range may help it weather the storm.

Registered in England/Wales under the registration number 08637252, with a registered address at IP3 9FJ, England, Ipswich, Suffolk, C/O Mjb Avanti, Office 12 Epsilon House, West Road.

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