Ecosulis Holdings Limited (Company number: 05999266)
As at 30 April 2024, the company was owed £320,500 by Ecosulis Holdings Limited (2023: £320,500). There were no new transactions and no interest charged in the financial year and therefore the closing balance shows no movement on the opening balance.
Ecosulis Holdings Limited own 100% of the issued share capital in Ecosulis Ltd.
CreditNature Ltd (Company number: 13755375)
The directors of Ecosulis Ltd, Mr Cain Blythe and Ms Suzi Cross, also hold directorships CreditNature Ltd. Mr Cain Blythe also holds a majority shareholding of CreditNature Ltd.
At the beginning of the financial year, Ecosulis Ltd was owed £294,838 by CreditNature Ltd. During the financial year, Ecosulis Limited loaned an additional £250,000 to CreditNature Ltd.
Ecosulis Limited charged a management fee to the value of £49,061 to CreditNature Ltd. This is deemed to have taken place at arm's length.
Interest on the loan has been charged at 5%, totalling £29,723 for the financial year.
The loan is unsecured and repayable upon agreed terms. CreditNature Ltd made no repayments during the financial year.
As at 30 April 2024, Ecosulis Limited was owed £623,622 by CreditNature Ltd (2023: £294,838).