Simple Living Eco Ltd

Simple Living Eco Ltd from Barnsley UK: small company, active status, founded 4 years ago, 2 employees, £96,766 assets, real address, 2 directors, 2 owners, family business. Regular importer of machinery, boilers, and mechanical appliances; parts (4 months imported). It's a small company as it met two conditions of three: turnover less than £10.2 million, balance sheet less than £5.1 million, employees less than 50. The last reported current assets is £96,766.

Simple Living Eco is a family-run business selling vegan-friendly, British-made washing and cleaning products online. Their website boasts a wide range of laundry sheets, scent boosters, and other household essentials, available in a variety of scents and sizes. The company caters to customers across the globe, offering shipping to over 150 countries and currencies. They even have a Facebook and Instagram presence.

Financially, Simple Living Eco Ltd’s recent report shows some concerning trends. Net assets have plummeted by a staggering 100%, leaving the company with zero equity. Cash reserves have also decreased by 38%, sitting at just £9,000. Bank borrowings have increased by 110%, reaching £11,000, which may indicate a need for additional funding. While trade creditors have risen by 24%, suggesting a need to manage payments, debtors have fallen by 89%, which could be a good sign. The company's small size (meeting two of three conditions for being small) helps keep costs down, but the sharp decline in equity is something to watch. There was no auditor mentioned, which is common for small companies.

It appears Simple Living Eco is facing some financial challenges, but their commitment to eco-friendly products and a global customer base could help them weather the storm.

Registered in England/Wales under the registration number 13195145, with a registered address at S75 1JN, England, Barnsley, Unit 12 Redbrook Business Park, Wilthorpe Road.

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