Ian Smith Group Limited
- Small
- Active
- 46 years
- 49 employees
- £1,843,812 (assets)
- Real address
- 6 directors
- 1 owner
- Regular importer
- Irregular exporter
- E-commerce
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
Ian Smith Group Limited, based in West Midlands, UK, is a well-established small company with an active trading status. Founded 45 years ago in 1979, it employs 49 people and holds assets totaling £1,843,812. The company, owned by Smith Ian Roger, has six directors and operates from a real address in West Bromwich. It runs an e-commerce site and regularly imports furniture, lighting, and prefabricated buildings – a consistent activity spanning 136 months, with the latest import in February 2025. It also exports various textile products, sets, used clothing, and rags, though less frequently, with just one month of export activity recorded in November 2023.
The company’s operations are split between wholesale of office furniture and other office machinery and equipment. The website showcases a vast range of products, from art supplies and craft materials to science equipment and sports gear, catering to educational institutions and businesses alike. It’s clear they aim to be a one-stop shop for schools and offices.
Financially, Ian Smith Group Limited’s recent performance presents a mixed picture. While net assets increased by 1.4% to £680,000, cash reserves decreased by 15.8% to £170,000. Bank borrowings also decreased by 46.0% to £120,000. Creditors, however, decreased by 9.0% to £920,000. The company’s size—meeting two of three criteria for a small company—allows for agility, but the decrease in cash reserves warrants attention. The unaudited financial statements, exempt due to its small size, rely on director-reported data.
The company’s long history and diverse product range suggest a resilient business, but the fluctuating financial figures indicate potential challenges. The e-commerce site, however, appears to be thriving, offering a wide selection and convenient online shopping experience.
Registered in England/Wales under the registration number 01421681, with a registered address at B70 0DJ, West Midlands, 205 Great Bridge St, West Bromwich.
WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.
Owners & PSC
-
Individual
- 9 years
- 1
- 50%+
-
Resident of United Kingdom
Managers
-
Individual
- N/A
- 4
-
Resident of United Kingdom
-
Individual
- N/A
- 2
-
Resident of United Kingdom
-
Individual
- 10 years
- 1
-
Resident of United Kingdom
-
Individual
- 18 years
- 2
-
Resident of United Kingdom
-
Individual
- 18 years
- 2
-
Resident of United Kingdom
Last reports
The latest confirmation statement submitted eleven months ago.
Last news
-
Registration of charge 014216810013, created on 2024-12-17Download 38 pages pdf report
-
Total exemption full accounts made up to 2023-12-31Download 15 pages pdf report
-
Director's details changed for Mr Ian Roger Smith on 2024-07-18Download 2 pages pdf report
Ian Smith Group Limited controls
Owns & Controls
-
Corporate
- 9 years
- 75%+
-
Resident of United Kingdom
-
Corporate
- 9 years
- 75%+
-
Resident of United Kingdom
Importer profile by HS codes
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Last imported products
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Exporter profile by HS codes
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Last exported products
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FAQ about Ian Smith Group Limited
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