Eurocoin Group Limited

Eurocoin Group Ltd, based in Bath, UK, is a small, active company founded six years ago. With £2,864 in assets and a real address, it’s a family business run by three directors and two owners. The company regularly imports machinery, boilers, and mechanical appliances—parts, with 5 months of import activity recorded, and occasionally exports toys, games, and sports equipment, with just one month of export activity. It operates in the data processing, hosting, and related activities industries.

The company's website showcases a wide range of components, spare parts, and service solutions across Europe. It specializes in TFT display touch screens, currency validation, ticketing, and roll printer solutions. The site highlights a commitment to providing top-quality products, custom design solutions, and technical expertise. It even features a blog with articles on speaker technology and European gambling trends. The company clearly aims to position itself as a trusted supplier and knowledge hub for its industry.

Financially, Eurocoin Group Ltd’s recent performance paints a mixed picture. Cash reserves have fallen significantly, dropping 90% to just £300, while bank borrowings have increased. Creditors remain steady, but trade debtors have soared by an impressive 2,500%, suggesting potential issues with customer payments. Equity has also taken a hit, with retained earnings and accumulated losses increasing by 370% and 870% respectively. While the company meets the criteria for being a small entity—with turnover under £10.2m, assets under £5.1m, and fewer than 50 employees—the sharp decline in equity and cash reserves is concerning. No auditor is mentioned, which is common for companies of this size.

It's clear that Eurocoin Group Ltd is facing some financial pressures, despite its established presence and focus on specialized components. Whether the company can navigate these challenges and maintain its position in the market remains to be seen.

Registered in England/Wales under the registration number 11856671, with a registered address at BA2 7DU, United Kingdom, Bath, The Old Vicarage, South Stoke.

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