Easy Innovations Limited
- Liquidation
- Small
- 25 years
- Confirmation overdue 11 months
- 6 employees
- £398,474 (cur assets)
- 1m-15m
- Irregular importer
- Regular exporter
- Virtual address
- 1 director
- 1 owner
- Solo founder
- Ringwood
Two conditions of three:
1.Turnover < £10.2 million
2.Balance sheet total < £5.1 million
3.Average number of employees < 50
Field of Operation
Website
Summary
Easy Innovations Ltd, based in Canterbury, UK, is a small, active company founded 23 years ago in 2001. With six employees and £398,474 in assets, it operates from a virtual address—a fact highlighted by the presence of 879 other companies registered at the same location. The business is led by a solo founder and director, Martino Leo John. While it’s an irregular importer (with no import activity recorded since 2016), Easy Innovations is a regular exporter, specializing in miscellaneous manufactured goods, with nine months of export activity recorded, the latest in May 2024.
The company’s website showcases a range of innovative property maintenance and home improvement products, with a particular focus on gutter brushes and related accessories. They design, manufacture, market, and distribute these products, emphasizing design and innovation, and even boasting awards for their "Hedgehog Gutter Brush." Products are available through online stockists and major hardware retailers, with a showroom in Hersden, Kent.
Financially, Easy Innovations Ltd presents a mixed picture. Current assets decreased by 18% to £400,000, while net assets increased by 180% to £12,000. Bank borrowings decreased by 32% to £110,000, and cash reserves fell by 82% to £20,000. Creditors decreased by 32%, suggesting improved debt management. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for flexibility, but the significant decrease in cash reserves is a cause for concern. No auditor is mentioned, likely due to the company’s exemption as a small entity.
Overall, Easy Innovations Ltd seems to be navigating a period of change. While its product line and marketing efforts appear strong, the financial data suggests a need for careful management and potentially a focus on improving cash flow.
The company operates in Agent and brokers → Other diversified agent/brokers n.e.c.; Professional services → Creative and Industrial Design; Wholesale → Hardware, plumbing & heating goods; Wholesale → Non-specialised.
Registered in England/Wales under the registration number 04297482, with a registered address at BH24 1DH, Ringwood, The Old Town Hall, 71 Christchurch Road.
WARNING: The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.
Ports, countries, transport, and price/kg were calculated by CorpSignals; non-official data, may contain errors.
Owners & PSC
-
Individual
- 9 years
- 2
- 75%+
-
Resident of United Kingdom
Managers
-
Individual
- 25 years
- 2
-
Resident of United Kingdom
Last reports
The latest confirmation statement submitted one year ago.
Last news
-
ResolutionsDownload 1 page pdf report
-
Appointment of a voluntary liquidatorDownload 3 pages pdf report
-
Statement of affairsDownload 9 pages pdf report
Importer profile by HS codes
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Import HS codes in detail
Exporter profile by HS codes
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Export HS codes in detail
Last exported products
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* Warning: Ports, countries, transport, and price/kg were calculated by CorpSignals; non-official data, may contain errors.
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