Exclusive Removals Limited

Exclusive Removals Limited, based in Witham, UK, is a small, active company holding company founded fourteen years ago. Employing twenty-six people and boasting assets of £1,323,526, it operates from a virtual address—a point of concern given that 330 companies are registered at the same location. Two directors and one owner oversee the business, which runs an e-commerce site and regularly imports and exports furniture, lighting, and prefabricated buildings. The company is also in the freight transport by road industries.

While the business is small, meeting two of three criteria for a small company (turnover under £10.2m, assets under £5.1m, and fewer than 50 employees), its financial picture presents a mixed bag. Cash reserves have fallen by 12%, dropping to £1,000,000, and net assets have decreased by 2.3% to £950,000. Bank borrowings, however, have increased significantly by 17%, reaching £51,000, and net current assets have risen by 5.2% to £720,000. Creditors have also decreased by 19%, suggesting improved debt management.

Notably, the company’s liabilities have increased, with accrued liabilities jumping 840% to £160,000. The increase from depreciation charges for property, plant, and equipment is also up 74% to £83,000. The company’s trade debtors have also increased by 16% to £48,000. There is no auditor mentioned, which is typical for small companies. The company’s financial statements are unaudited.

The company's website details a full range of removal services, from domestic moves to business relocations and storage solutions. It emphasizes a family-owned approach and a commitment to customer care, with a 5-star Google rating. While the company is clearly active and well-reviewed, the financial data suggests it’s navigating some challenges—though it’s likely a normal part of growing a small business.

Registered in England/Wales under the registration number 07519162, with a registered address at CM8 1BJ, England, Witham, Essex, Dickens House, Guithavon Street.

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