Abel Ingram Limited

Abel Ingram Limited is a small, active company based in Birmingham, UK, founded five years ago in 2019. With £642,077 in assets and a real registered address, it employs five people and is led by one director and owner. Accounts are currently 10 months overdue, and confirmation statements are a year behind, which is not ideal. The company operates in the retail sale via mail order houses or via internet industries.

The company's website, while not providing detailed operational information, suggests a focus on online retail. It's difficult to determine the exact nature of their products or services without further investigation, but the focus appears to be on e-commerce.

Financially, Abel Ingram Limited presents a mixed picture. Cash bank on hand has decreased by 33%, falling to £9,900. Creditors have risen by 9.1%, reaching £640,000, while current assets have also increased by 9.2%, now at £640,000. Equity has seen a significant jump, rising 250% to £860, but trade debtors have also increased by 10%, now at £630,000. It’s worth noting that the company’s small size (meeting two of three conditions for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) helps it stay agile, but the increase in debtors could indicate challenges in collecting payments. The company is exempt from an audit, so the figures are unaudited.

The trends suggest the company is managing its current assets well, but the increase in debtors and creditors needs to be monitored. The significant rise in equity, however, is a positive sign, potentially reflecting increased profitability or investment. It’s possible the company is experiencing a period of growth, but the overdue accounts and confirmation statements indicate a need for improved administrative processes.

Registered in England/Wales under the registration number 12158742, with a registered address at B10 0HA, England, Birmingham, 36 Tennyson Road.

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