Ibex Supplies Limited

Ibex Supplies Ltd, based in Littlehampton, UK, is a small, active company established seven years ago. With a single employee and £52,445 in assets, it operates as an e-commerce business selling safety equipment. The company has a real address and is overseen by one director, although no owners are officially listed.

The website, Ibex Supplies, is clearly focused on the safety equipment market. It offers a wide range of products, from water-filled barriers and cones to lighting and signage, catering to construction sites, events, and flood prevention. The site emphasizes rapid UK delivery, bulk discounts, and secure checkout, with a strong focus on customer service and a helpful "Knowledgebase" section. The site also features a "Deal of the Month" promotion and offers bespoke quotes for larger orders.

Financially, Ibex Supplies Ltd’s numbers show a mixed picture. Current assets decreased by 7.2% to £52,000, while net assets increased by 30% to £22,000. Bank borrowings remained steady, and cash reserves grew by 11% to £10,000. However, trade debtors decreased significantly by 99%, which could indicate difficulties collecting payments or a change in credit policy. Creditors also decreased, suggesting better management of short-term liabilities. The company’s size (meeting two of three criteria for a small company) allows for flexibility, but the significant drop in debtors is something to watch. As a small company, it’s exempt from an audit, so the financial statements are unaudited.

Overall, Ibex Supplies Ltd seems to be holding its own, but the decrease in debtors suggests a potential challenge that may need addressing.

Registered in England/Wales under the registration number 10981137, with a registered address at BN17 7PA, England, Littlehampton, Unit 1, Martello Enterprise Centre Courtwick Lane, Wick.

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