Evaspire Ltd

Evaspire Ltd from Goole UK: small company, active status, founded 3 years ago, 1 employee, £3,303 assets, real address, 1 director, 1 owner, solo founder. It’s a small business, meeting two of three conditions to be classified as such: turnover under £10.2 million, balance sheet total under £5.1 million, and fewer than 50 employees. The company, incorporated on June 01, 2021, operates in the retail sale via mail order houses or via internet industries. Officially, it has one owner or PSCs, one director, and one employee.

The company’s website showcases a focus on retail sales through online channels. While specific product details are limited, the site’s design and messaging suggest an e-commerce operation targeting a niche market. It's not immediately clear what products they sell, but the site appears professionally designed and easy to navigate, hinting at a deliberate effort to create a positive online shopping experience.

Financially, Evaspire Ltd’s numbers paint a mixed picture. Current assets decreased by 16% to £3,303, while net assets also dropped significantly, reaching -£3,300. Cash bank on hand plummeted 97% to just £3, a worrying sign. Creditors increased by 9.2% to £6,600, and loans from directors rose by 9.6% to £6,400. The company’s small size helps it stay nimble, but the decline in equity and cash reserves is noticeable. With no auditor mentioned, the unaudited figures rely on director-reported data.

The company’s financial situation suggests it's burning through money, although it’s difficult to say if this is typical for a young business or indicative of deeper problems. The increase in creditors could be a result of increased purchasing to support sales, but the drop in cash reserves is concerning. It's possible the company is reinvesting in its business, but the lack of detail makes it hard to tell.

Registered in England/Wales under the registration number 13430104, with a registered address at DN14 6HJ, England, Goole, 32 Colonels Walk.

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