Ex2 I Ltd

Ex2 I Ltd is a small, active company based in Wolverhampton, UK, founded four years ago in June 2020. With £12,063 in assets and a virtual address (registered at 86 other companies), it’s a family business run by one director and two owners. The company operates in the retail sale via mail order houses or via internet, and specialised design activities.

The company’s website highlights its services in electrical engineering, compliance, eco-tech, and mechanical engineering, catering to sectors like education, healthcare, industrial, and leisure. They offer everything from lighting installation to renewable energy solutions, positioning themselves as a collaborative partner for businesses seeking to improve safety and reduce energy costs. The site also features case studies showcasing their work with various clients, and a section dedicated to their team and culture, emphasizing their passion for delivering projects on time and within budget.

Financially, Ex2 I Ltd’s numbers show a mixed bag. While current assets remain steady at £12,000, equity has dramatically increased from -£3,400 to £10,000, a significant turnaround. Bank borrowings have decreased, and creditors have increased, suggesting a shift in payment terms. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) helps it stay nimble, but the large increase in equity raises questions about the nature of the change. No auditor is mentioned, so the figures are unaudited.

Overall, Ex2 I Ltd seems to be navigating its early years with a focus on collaborative service delivery and a growing customer base. The financial turnaround is encouraging, but the lack of detail makes it difficult to assess the long-term sustainability of the business.

Registered in England/Wales under the registration number 12690522, with a registered address at WV2 4DG, England, Wolverhampton, 1 George Street.

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