I.c.e. Electrical Services Ltd

Ice Electrical Services Ltd, based in Newport, UK, is a small, active company founded thirteen years ago. With thirteen employees and a real address, the firm operates with three directors and two owners, maintaining a stellar 5.0 Google rating from two reviews. They're regular importers of electrical machinery and equipment, with activity spanning the past twelve months.

The company's website highlights a focus on solar panel installation and electrical engineering services across South Wales and the South West of England. They offer domestic and commercial systems, smart metering, voltage optimisation, and energy reduction solutions. Their services extend to electrical contracting, equipment maintenance, and even low-energy lighting upgrades. A testimonial section showcases positive feedback from clients, praising their approachability, helpfulness, and professional attitude. The website also mentions vacancies for an electrician, an electrician’s mate, and a solar PV sales person, indicating growth aspirations.

Financially, Ice Electrical Services Ltd shows a mixed picture. Cash reserves increased by a healthy 9.1% to £420,000, and net assets grew by 23% to £610,000. However, bank borrowings decreased by -41% to £21,000. Creditors also decreased by -4.5% to £650,000. Trade debtors increased by 28% to £730,000. The company’s small size—meeting two of three conditions for a small company—allows for agility. Depreciation of plant machinery increased by 32%, which could indicate investment in new equipment. The lack of an auditor mentioned suggests they are exempt as a small company, relying on unaudited financial statements.

Overall, Ice Electrical Services Ltd appears to be in a relatively stable position, with growing assets and a strong customer base. However, the increase in trade debtors warrants monitoring, and the company’s continued success will likely depend on its ability to maintain its reputation for quality service and adapt to the evolving energy landscape.

Registered in Wales under the registration number 07667558, with a registered address at NP11 6AZ, Wales, Newport, 97 Commercial Street, Risca.

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