Ibii Ltd.

Ibii Ltd from Macclesfield UK: a small, active company founded eight years ago, boasts £94 in assets, operates from a real address, and is led by one director, one owner, and a solo founder. It’s a tight-knit operation, meeting two of three conditions to be classified as small – turnover under £10.2 million, balance sheet total under £5.1 million, and fewer than 50 employees.

The company’s website, ibii Construction Inc., paints a picture of a construction firm specializing in multiphase planning, management, and construction for both residential and commercial customers. It appears to be primarily ecommerce-driven, offering services ranging from new construction and repairs to custom cabinets and decorative accessories. Recent work showcased on the site includes projects in Greater Vancouver and Richmond, British Columbia, highlighting experience with restaurants, offices, and daycare facilities. The site also advertises a high-end piano restoration service, though the connection to the core construction business isn’s immediately clear.

Financially, Ibii Ltd presents a mixed bag. While cash bank on hand increased by a respectable 66% to £93, current assets only rose slightly to £94. Liabilities, however, have increased significantly, with creditors up 9.2% to £25,000 and loans from directors climbing 9.4% to £25,000. Equity has also taken a hit, dropping 9.4% to -£25,000. Despite these challenges, debtors have decreased considerably, suggesting improved debt management. The company’s small size and lack of employees (zero reported) allows for flexibility, but the declining equity raises questions about its long-term financial health. The accounts are unaudited, and no auditor is mentioned, which is common for small companies.

It seems Ibii Ltd is navigating a period of change, balancing growth with financial pressures. The construction focus and the apparent diversification into piano restoration suggest a desire to expand, but the company will need to carefully manage its liabilities to ensure stability.

Registered in England/Wales under the registration number 10267008, with a registered address at SK11 7QJ, United Kingdom, Macclesfield, Cheshire, 177 Silk House Park Green.

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