Iag Aggregates Limited

Iag Aggregates Limited, based in Hounslow, UK, is a small, active company established ten years ago. With six employees and £103,621 in assets, it operates from a real address and is managed by two directors, though no owners are officially listed. Boasting a stellar 5.0 Google rating from 26 reviews, it’s a well-regarded local supplier. The company is an irregular importer, primarily dealing in machinery, boilers, and mechanical appliances, with its last import operation occurring over four years ago in October 2020.

Iag Aggregates Limited specializes in supplying aggregates and related materials, including crushed concrete, shingle, ballast, and sharp sand. Its website details a comprehensive range of products and services, from material delivery to grab hire and muck away. It seems to operate primarily as a supplier to construction and landscaping projects, catering to both commercial and individual customers within a 20-mile radius of Harefield. The website provides contact details and lists the company’s registered address as Unit 2, Manor Farm, Poyle Road, Colnbrook, SL3 0BL.

Financially, Iag Aggregates Limited presents a mixed picture. While cash bank on hand increased by a significant 77% to £70,000, current assets experienced a slight decrease of 3.7% to £100,000. Debtor levels have fallen dramatically, dropping 98% to just £1,100, which could indicate improved collection practices, or potentially a reduction in sales. However, net assets have plummeted 270% to -£110,000, a concerning trend, and creditors have risen by 16% to £410,000. Plant machinery depreciation has increased by 26%, and the company’s retained earnings have also fallen. It’s a small company, meeting two of three criteria for small business status, and the lack of an auditor (likely exempt as a small company) means the figures are unaudited.

Overall, Iag Aggregates Limited seems to be navigating some financial headwinds. While its strong Google rating suggests customer satisfaction, the declining equity and rising liabilities warrant closer monitoring. The company’s focus on local supply and its range of services could provide a buffer against broader economic pressures, but the need to manage debt and improve profitability is clear.

Registered in England/Wales under the registration number 09480878, with a registered address at TW5 9SQ, England, Hounslow, 139 Waye Avenue.

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