I&g Products Ltd

I&g Products Ltd from Spalding UK: small company, active status, founded 6 years ago, 1 employee, £38,544 assets, real address, 2 directors, 2 owners, family business, e-commerce site. It's a small company as it met two conditions of three: turnover less than £10.2 million, balance sheet less than £5.1 million, employees less than 50. The last reported current assets is £38,544. The company operates in the retail sale via mail order houses or via internet industries. Officially, it has two owners or PSCs, two directors, and one employee.

The website, igeco.co.uk, is clearly focused on eco-friendly gifts. It's a fully functioning e-commerce site, with a clean layout and a wide range of products, from mini kraft gift boxes to Christmas gift sets. The site highlights its commitment to sustainability, with sections dedicated to eco-friendly packaging and a blog offering tips on reducing waste. There's a good selection of gift bags and boxes, alongside handmade soaps and beard washes. It's a pretty standard setup for a small online retailer, but the focus on eco-friendly products is clear.

Financially, I&g Products Ltd presents a mixed picture. While net assets grew by a respectable 69% to £23,000, cash reserves plummeted 100% to zero—a significant shift. Bank borrowings increased to £8,400, which could be to cover operating costs. Trade debtors rose dramatically to £39,000, which could indicate the company is extending credit to customers, or perhaps struggling to collect payments. Creditors also increased, but not as sharply. The company's small size means it’s likely exempt from an audit, so the figures are unaudited. It’s hard to say if this is a sign of financial strain, or just the natural fluctuations of a small business. The sudden change in bank borrowings is something to keep an eye on.

Registered in England/Wales under the registration number 11946636, with a registered address at PE11 1QE, England, Spalding, 4 Calderdale Drive.

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