Pest Expel Ltd

Pest Expel Ltd is a small, active company based in Keighley, UK, established eleven years ago in 2013. With just two employees and £49,002 in assets, it's a solo-founded operation managed by two directors and one owner. The company operates from a virtual address—shared by seventy-one other businesses—and regularly imports iron or steel products, with its last import activity recorded six months ago in July 2022. Pest Expel Ltd's core business involves retail sale via mail order houses or via internet, and the company’s website showcases a range of pest control products and services.

While the website presents a professional image, the financial data reveals a concerning trend. Net assets have plummeted 36%, falling to £12,000, and cash reserves have shrunk by 12%, sitting at just £10,000. Bank borrowings have increased by 4.3%, reaching £33,000, and trade debtors have risen dramatically by 130%, suggesting a potential issue with customer payments. Despite these challenges, creditors have decreased by 6.8%, indicating improved debt management. The company’s small size—meeting two of three conditions for being classified as small—helps it remain agile, but the significant equity decline warrants attention. The lack of an auditor (likely exempt as a small company) means the figures are unaudited.

The company's financial situation appears to be tightening, with a notable decrease in assets and cash reserves. The rise in trade debtors could be a temporary blip or a sign of underlying issues. It’s likely the company is trying to manage its cash flow effectively, but the long-term sustainability of the business will depend on its ability to generate consistent revenue and control costs.

Registered in England/Wales under the registration number 08648650, with a registered address at BD21 3DS, England, Keighley, West Yorkshire, Russell Chambers, 61a North Street.

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