Ibco Limited

Ibco Limited, a large company based in Manchester, UK, has been active for two decades, employing 98 people and holding assets worth £13,244,035. Founded on July 15, 2004, the company operates from a real address and is overseen by four directors, although no owners are officially listed. Ibco Limited runs an e-commerce site and has a Google rating of 3.0 based on 34 reviews.

The company specializes in wholesale food distribution, regularly importing fish and seafood, including shellfish, for 460 months, with the last import operation occurring in January 01, 2025. It also exports cereal and milk-based food products for 31 months, with the last export taking place in December 01, 2024. The company’s website doesn’t provide much detail, but it seems to focus on wholesale distribution to the food industry.

Financially, Ibco Limited is showing some concerning trends. While revenue remained steady at £29 million, net assets declined significantly by 46% to £1.6 million. Cash reserves have plummeted by 73%, falling to just £260,000. Bank borrowings have increased by 85%, reaching £1.3 million. Creditors have also increased by 10%, to £1.5 million. The company’s small size (meeting two of three criteria for a large company) helps it remain flexible, but the sharp decline in equity suggests it’s burning through cash. The company was audited by Royce Peeling Green Limited. Despite these challenges, Ibco Limited’s established import and export operations and its focus on wholesale food distribution provide a solid foundation for future growth, although careful management of its finances will be crucial.

Registered in England/Wales under the registration number 05180507, with a registered address at M40 8AD, Manchester, Hulme Hall Lane Lord North Street, Miles Platting.

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