Evergreen Shutters Limited

Evergreen Shutters Ltd, based in Hereford, UK, is a small holding company with an active status. Founded eight years ago in May 2017, the company employs sixteen people and holds £772,051 in assets. It has a real address and is managed by one director and one owner. Google users rate it 3.0 based on just two reviews. Evergreen Shutters Ltd regularly imports wood and wood products, with its last import operation recorded eleven months ago in September 2019.

The company operates in the manufacture of builders' carpentry, wood products, cork, straw, and plastic products. Its website, Evergreen Blinds, showcases a range of blinds – Velux, roller, vertical, Roman, Venetian, conservatory, and pleated – available for both domestic and commercial customers. The site emphasizes custom-made blinds, free samples, expert advice, quality fabrics, and a free fitting service. It even has a showroom in Harrods, London.

Financially, Evergreen Shutters Ltd presents a mixed picture. Current assets have decreased by 19%, dropping to £770,000, while net assets have fallen by 24%, reaching -£1,100,000. Bank borrowings have decreased by 29%, settling at £25,000, and cash reserves have declined by 7%, sitting at £250,000. Creditors have decreased by 56%, suggesting improved debt management. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for flexibility, but the significant equity decline is concerning. No auditor is mentioned, likely due to its small company status.

The drop in assets and the negative equity suggest the company may be burning through cash. However, the decrease in creditors indicates efforts to control debt. The success of its blinds business, and its presence in Harrods, could be a positive sign, but the financial figures warrant close monitoring.

Registered in England/Wales under the registration number 10779395, with a registered address at HR2 6JL, United Kingdom, Hereford, Apex House Coldnose Road, Skylon Park.

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