Ib Link Limited
- Small
- Active
- 5 years
- £30,305 (assets)
- Virtual address
- 1 director
- 1 owner
- Solo founder
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 Link Limited is a small, active company based in Glasgow, UK, founded five years ago in January 2020. It’s a solo founder operation with one director and owner, Sykorova Sarka, and holds £30,305 in assets. The company operates from a virtual address – 4449 other companies are registered at the same location – and is engaged in retail sales via mail order and internet.
The company’s website showcases a focus on online retail, offering a range of products likely targeted at a consumer audience. It's difficult to tell exactly what they sell without further investigation, but the site's design suggests a modern, e-commerce driven business.
Financially, Ib Link Limited presents a concerning picture. While the company is small, meeting two of three conditions for classification (turnover under £10.2m, assets under £5.1m, and fewer than 50 employees), its equity has plummeted to -£9,500 – a significant loss. Cash reserves have also evaporated, falling 99% to a mere £370. Bank borrowings decreased, but creditors remain high. The lack of employees (zero reported) suggests a very lean operation, and with no auditor mentioned (likely exempt as a small company), the figures are unaudited.
The sharp decline in equity and cash reserves indicates Ib Link Limited is burning through money. While the company's online retail operations may appear active, the financials reveal a business struggling to stay afloat. It’s possible the company is facing increased competition or experiencing challenges in managing its expenses, but without more information, it’s difficult to say for sure.
Registered in Scotland under the registration number SC651267, with a registered address at G2 4JR, Scotland, Glasgow, 272 Bath Street.
WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.
Owners & PSC
-
Individual
- Sykorova Sarka
- 5 years
- 5
- 75%+
-
Resident of United Kingdom
Managers
-
Individual
- Sykorova Sarka
- 5 years
- 5
-
Resident of United Kingdom
Last reports
The latest confirmation statement submitted three months ago.
Last news
-
Total exemption full accounts made up to 2024-01-31Download 6 pages pdf report
-
Confirmation statement made on 2025-01-12 with no updatesDownload 3 pages pdf report
-
Total exemption full accounts made up to 2023-01-31Download 6 pages pdf report
FAQ about Ib Link Limited
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