Evergreen Nationwide Ltd

Evergreen Nationwide Ltd from Salford UK is a small, active company founded 6 years ago. It employs two people and holds £11,907 in assets, operating from a real address. With one director and one owner, it’s a compact operation. The company meets two of three conditions to be considered small: turnover under £10.2 million, balance sheet total under £5.1 million, and fewer than 50 employees.

The company’s website is currently unavailable, making it difficult to assess its online presence and sales channels. However, the company operates in the retail sale via mail order houses or via internet, and provides other business support service activities.

Financially, Evergreen Nationwide Ltd’s numbers paint a mixed picture. Current assets have fallen significantly, dropping 61% to £12,000. Bank borrowings have decreased by 16%, reaching £39,000, and cash reserves have increased by a remarkable 540%, jumping to £1,900. However, net assets have declined by 25%, reaching -£65,000, and net current assets and liabilities have increased by 270%. Trade debtors have increased by 41%, suggesting potential issues with customer payments, while creditors have decreased by 16%. The company's equity has also decreased, which is a concern.

The company’s small size and lack of employees (just one reported) allow for agility, but the declining equity and increased net liabilities suggest financial strain. With no auditor mentioned, the unaudited figures rely on director-reported data. It’s clear that Evergreen Nationwide Ltd is facing challenges, but its ability to increase cash reserves offers a glimmer of hope.

Registered in England/Wales under the registration number 09291079, with a registered address at M7 1UF, England, Salford, 104 Broughton Lane Broughton Lane.

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