ECOTIVE LIMITED
Company number 06310265 · Monitor this company
The annual accounts for this company are overdue.
The confirmation statement for this company is overdue.
Executive summary
Ecotive Limited presents an extreme insolvency risk profile, with the company now in formal liquidation following a sustained period of balance sheet deterioration. Net liabilities of £49.2 million, near-zero cash of £144, and an accumulated shareholder deficit of £141 million confirm the company is entirely insolvent with no realistic prospect of recovery as a going concern. The unexplained £9 million debtor balance and the post-year-end transfer of trade and assets to a subsidiary require immediate investigation to assess recoverability and potential preference risk. Investors should treat this entity as a total loss scenario and focus due diligence on understanding the liquidation process and any residual value that may flow to secured or preferential creditors.
Shareholders' funds
-£141,018,811
Balance sheet as at 2019-12-31
Overview
- Company type
- Private Limited Company
- Incorporated
- 2007-07-11
- Registered office
- C/O Btg Begbies Traynor (London) Llp Level 33, One Canada Square, London, E14 5AB
- Postcode
- E14 5AB
- Capital
- 14,739,327 GBP
- Accounts category
- Total Exemption Full
Accounts
- Last made up to
- 2019-12-31
- Next due by
- 2021-09-30 Overdue
- Financial year end
- 30 December
Confirmation statement
- Last statement dated
- 2020-04-30
- Next due by
- 2021-05-14 Overdue
Nature of business (SIC)
- 29100 Manufacture of motor vehicles
- 45111 Sale of new cars and light motor vehicles
Officers 1 current · 6 resigned
Contact details
- Website
- http://www.ecotive.com
Previous registered addresses 1
| Address | Changed on |
|---|---|
| MYTCHETT PLACE, MYTCHETT PLACE, ROAD, MYTCHETT, SURREY, GU16 6DQ | 2020-04-21 |
The class of 2007
28%
of the 228,174 companies incorporated in 2007 are still active today; 69% have since been dissolved.
A fact about the year, not a forecast for this company.