T.g. Eakin Limited

T.g. Eakin Limited, based in Comber, Northern Ireland, is a large, holding company with an active status, celebrating 51 years since its founding in 1973. The company employs 128 people and holds assets valued at £30.49 million. With two directors and one owner, it operates from a real address and boasts a perfect 5.0 Google rating based on two reviews. The company is a regular importer of plastics and plastic products (19 months) and a regular exporter of pharmaceutical products (31 months).

The company’s website describes it as a manufacturer and seller of ostomy and wound care products for the UK and export markets. It also highlights its associated business, Eakin Japan KK, Eakin BV, and Eakin France SAS, showcasing a global presence. The company emphasizes its commitment to quality and innovation in the healthcare sector.

Financially, T.g. Eakin Limited presents a mixed picture. Current assets remained stable at £30 million, while net assets increased by 7.4% to £43 million. Bank borrowings surged by 87% to £9.9 million, and cash reserves fell by 2.9% to £9 million. Creditors decreased by 16% to £1 million, suggesting better debt management. The company meets two of three criteria for a large company: turnover more than £36 million, balance sheet total more than £18 million, and employees more than 250. Despite a slight dip in cash reserves, the overall financial health appears solid. The company’s auditor is Miscampbell & Co.

The significant increase in bank borrowings could be a result of investments in expansion or acquisitions, while the decrease in cash reserves may indicate increased operational expenses. It’s worth noting that the company's net losses deepened by 10% to -£16 million. The company's continued success hinges on its ability to maintain its strong export performance and manage its debt levels effectively.

Registered in Northern Ireland under the registration number NI009807, with a registered address at BT23 5QY, Comber, Co. Down, Kathleen Drive, 15 Ballystockart Road.

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