Everhot Ltd.

Everhot Ltd from Dursley, UK, is a small, holding company with an active status, having been founded 27 years ago. Employing 48 people and holding assets valued at £4,306,235, it operates from a real address and is overseen by three directors and one owner. The company regularly imports and exports electrical machinery and equipment, with 29 months of import activity and 39 months of export activity recorded.

Everhot Ltd is a manufacturer specializing in electric domestic appliances, particularly range cookers. Its website showcases a wide range of products, from classic 60-series cookers to modern Fhiaba fridges, emphasizing British craftsmanship and energy efficiency. The company’s marketing focuses on both traditional and modern consumers, highlighting the versatility and controllability of its cookers, and even offering WiFi integration. The website also features a blog, recipe videos, and a community forum, indicating a focus on customer engagement and brand building. It's clear the company is aiming to be more than just a cooker manufacturer; it’s cultivating a lifestyle brand.

Financially, Everhot Ltd presents a mixed picture. While cash bank on hand decreased by 23% to £2.6 million, creditors dropped by 11% to £2.3 million, suggesting improved debt management. However, the company's bank borrowings increased significantly, rising by 81% to £810,000. Trade debtors also jumped by 250%, reaching £1.3 million, which could indicate challenges in collecting payments. The company’s net assets remained relatively stable at £2.3 million. The decrease in total inventories by 38% to £400,000 could be due to efficient stock management or reduced demand. The company meets the criteria for a small company, with a turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. The lack of an auditor mentioned suggests the company is exempt from an audit as a small entity.

The increase in bank borrowings, coupled with the rise in trade debtors, suggests Everhot Ltd might be experiencing cash flow pressures. However, the company’s focus on high-quality products and its strong brand identity could help it weather these challenges. The company's reliance on its parent company, Everhot Holdings Ltd, for funding and rental payments, as noted in the financial statements, could also impact its long-term financial health.

Registered in England/Wales under the registration number 03514591, with a registered address at GL11 5DS, Dursley, Gloucestershire, Coaley Mill, Coaley.

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