Ice Pig Ltd

Ice Pig Ltd is a small, active company based in London, UK, founded eight years ago in 2017. With twelve employees and £659,593 in assets, it’s a modest operation run by two directors and a solo founder. The company has a real registered address and regularly imports furniture, lighting, and prefabricated buildings—a total of three months of import activity recorded, the last in April 2023.

The company operates in the “other amusement and recreation activities n.e.c.” industries, suggesting a unique and perhaps niche market. While specific details about its activities are scarce, the import focus points towards supplying goods for events, entertainment venues, or perhaps even specialized recreational facilities. The company's website is not available, so it’s hard to know exactly what they do.

Financially, Ice Pig Ltd shows a mixed picture. Current assets increased by 4.1% to £660,000, while net assets grew by 20% to £760,000—a positive sign. However, bank borrowings decreased by 41%, and cash reserves dropped by 26% to £130,000. Trade debtors increased by 15%, which could indicate a growing customer base but also potential challenges in collecting payments. Creditors decreased by 28%, suggesting better debt management. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) helps it stay flexible. With no auditor mentioned (likely exempt as a small company), the figures rely on unaudited statements.

The sharp increase in average employees, from twelve to seventeen, is an interesting development. It could signal expansion or a temporary surge in workload. The company’s focus on imports, combined with the fluctuating financial metrics, suggests a business navigating a dynamic market. Overall, Ice Pig Ltd appears to be holding its own, but its long-term success will depend on its ability to manage costs and capitalize on opportunities in its chosen industry.

Registered in England/Wales under the registration number 10746586, with a registered address at E14 4AL, England, London, Skuna Boats St Peters Barge, Hertsmere Road, West India Quay.

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