I.b. Electronics Limited

I.b. Electronics Limited, based in Newport Pagnell, UK, is a small, active company founded 21 years ago. With just two employees and £28,592 in assets, it's a solo founder operation led by director Britton Ian Rubython. The company operates in the retail sale via mail order houses or via internet industries. Its registered address is real, with only one other company registered there.

The company’s website, Ib Electronics Ltd, appears to focus on electronics sales, likely through an e-commerce platform. It’s difficult to say exactly what they sell, but the site suggests a focus on consumer electronics and related accessories. It’s a fairly basic website, which isn’s unusual for a small business.

Financially, I.b. Electronics Limited shows a mixed picture. Cash bank on hand increased significantly by 69%, reaching £23,000—a positive sign. However, trade debtors decreased by 20%, and net assets grew by 56% to £21,000. Creditors also rose by 27%. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) means it’s likely exempt from an audit, so the figures are unaudited. It’s hard to say exactly what’s going on, but the growth in cash is encouraging. The company’s equity grew, which is a good sign, but it’s important to monitor the trend in trade debtors.

Registered in England/Wales under the registration number 04924674, with a registered address at MK16 8PQ, England, Newport Pagnell, 4a Longfellow Drive.

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