Ibt Solutions Ltd

Ibt Solutions Ltd, based in Colindale, UK, is a small holding company with an active status. Founded three years ago in June 2021, it employs just two people and holds £598,156 in assets. The company operates from a virtual address – with 522 other companies registered at the same location – and is overseen by two directors and two owners. It’s a regular importer, specializing in electrical machinery and equipment, with four months of import activity recorded, the latest in November 2024.

The company’s website reveals a focus on integrated business technology solutions, particularly endpoint security, project management, and IT consultancy. IBT Solutions offers a range of services, from endpoint security solutions and IT consultancy to business secure solutions and data loss prevention, catering to both product and service needs. It even has a presence in Ireland, with an office in Donabate. The website emphasizes expertise in PRINCE2 and PMP project management methodologies, and boasts a team of experienced IT consultants.

Financially, Ibt Solutions Ltd presents a mixed picture. Cash bank on hand has increased dramatically, up 170% to £450,000, while creditors have decreased by 20% to £170,000. However, corporation tax payable has risen significantly, increasing by 250% to £120,000. Net assets have also grown substantially, up 160% to £430,000. The company meets the criteria to be considered small, with turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. The lack of an auditor is likely due to its small size, and the financial statements are unaudited.

Overall, Ibt Solutions Ltd appears to be financially stable, with a strong cash position and decreasing debt. The increase in corporation tax payable could indicate increased profitability, but it’s worth noting that the company is still relatively young and its financial performance could fluctuate. The company’s focus on IT security and project management positions it well in a growing market, but its virtual address raises some questions about its long-term stability.

Registered in England/Wales under the registration number 13454117, with a registered address at NW9 6BX, United Kingdom, Colindale, London, 5 Technology Park, Colindeep Lane.

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