Evzel Ltd

Evzel Ltd from High Wycombe UK: a small company with an active status, was founded four years ago. It employs one person and holds £7,846 in assets, operating from a real address. The company is led by one director and owner, a solo founder, and runs an e-commerce site with a stellar 5.0 Google rating based on one review. It’s a regular importer of textile products, used clothing, and rags, with three months of import activity recorded.

The company's website, Ecycled, specializes in selling used electronics—phones, laptops, and gaming accessories—with a focus on affordability and reliability. The site boasts free shipping, a price-match guarantee, and hassle-free returns, catering to budget-conscious consumers. Customer reviews are prominently displayed, highlighting the quality of the products and the speed of delivery. The website also has a blog section, providing tips and advice on choosing the right electronics and maximizing their lifespan.

Financially, Evzel Ltd's recent performance presents a mixed picture. Current assets have fallen significantly, dropping 52% to £7,800, while net assets have plummeted 170% to -£3,700. Bank borrowings have increased by 13%, reaching £12,000, and cash reserves have decreased by 30% to £820. Trade debtors have vanished completely, and creditors have also disappeared. The lack of employees (one reported) suggests a very lean operation. It's a small company, meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees. The absence of an auditor is typical for a small company, meaning the figures are unaudited.

While the e-commerce site appears to be doing well, the financial data suggests the company is burning through cash. It's possible this is a consequence of recent investments in inventory or marketing, but the sharp decline in equity raises concerns. The company's reliance on a single owner and director could also be a vulnerability.

Registered in England/Wales under the registration number 12903609, with a registered address at HP12 4FU, England, High Wycombe, 1 Frances Dove Close.

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