Ib Contractors Limited
- Active
- Small
- 12 years
- 6 employees
- 0-1m
- Regular importer
- Real address
- 1 director
- 1 owner
- Cardiff
- Rating 5.0 (9)
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
Ib Contractors Limited, based in Cardiff, UK, is a small, active company established twelve years ago. With six employees and a 5.0 Google rating from nine reviews, it's a well-regarded local contractor. The company, led by a single director and owner, Khan Idris, operates from a real address shared by four other businesses. It's a regular importer, primarily bringing in machinery, boilers, and mechanical appliances—parts, with recent activity recorded in October 2024.
Ib Contractors focuses on the construction of domestic buildings, offering a range of services from building maintenance to construction management. Its website highlights a commitment to precision, punctuality, and professionalism, showcasing recent work and emphasizing in-house design teams. The company also has a separate venture, Ib Windows Ltd, indicating a diversified portfolio.
Financially, Ib Contractors Limited presents a mixed picture. While net assets increased by 34% to £400,000, suggesting growth, cash reserves completely vanished, dropping 100% to zero. Bank borrowings decreased by 14%, indicating better debt management, but trade debtors increased by 20%, which could signal delayed customer payments. The company’s small size—meeting two of three criteria for a small company—helps with agility, but the sudden cash depletion warrants attention. The lack of an auditor mentioned suggests exemption as a small company, relying on unaudited statements. The decrease in average employees from six to four could be a result of restructuring or project-based hiring. It’s possible the company is reinvesting heavily in growth, but the lack of cash reserves is a potential concern.
Registered in England/Wales under the registration number 08474690, with a registered address at CF11 8AB, Wales, Cardiff, C/O Ibargain Store, Sloper Road.
WARNING: The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.
Ports, countries, transport, and price/kg were calculated by CorpSignals; non-official data, may contain errors.
Owners & PSC
-
Individual
- 9 years
- 4
- 75%+
-
Resident of United Kingdom
Managers
-
Individual
- 12 years
- 4
-
Resident of United Kingdom
Last reports
The latest confirmation statement submitted nine months ago.
Last news
-
Confirmation statement made on 2025-04-05 with updatesDownload 5 pages pdf report
-
Total exemption full accounts made up to 2024-04-30Download 12 pages pdf report
-
Confirmation statement made on 2024-04-05 with updatesDownload 5 pages pdf report
Ib Contractors Limited controls
Owns & Controls
-
Corporate
- 2 years
- 75%+
-
Resident of United Kingdom
Importer profile by HS codes
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Import HS codes in detail
Last imported products
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* Warning: Ports, countries, transport, and price/kg were calculated by CorpSignals; non-official data, may contain errors.
FAQ about Ib Contractors Limited
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