Ich Services Ltd

Ich Services Ltd, based in Pudsey, UK, is a small, active company established 32 years ago. With 93 employees and £5,056,683 in assets, it’s a well-established player in its sector. The company boasts a 5.0 Google rating from 24 reviews, reflecting a strong reputation. It's managed by seven directors and owned by three individuals, although this list may not be exhaustive.

The business operates as a regular importer, specializing in machinery, boilers, and mechanical appliances, with parts imported for four months, the last operation recorded in March 2022. Its core business revolves around the repair of other equipment, suggesting a focus on technical services and maintenance.

Financially, Ich Services Ltd shows a mixed picture. Current assets increased by 8.3% to £5,100,000, while net assets decreased by 8.1% to £340,000. Bank borrowings have vanished, a positive sign, but cash reserves fell by 44% to £60,000. Creditors increased significantly, rising 14% to £4,300,000, and trade debtors also rose by 9.7% to £4,900,000. The company meets the criteria for a small business, with a turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. As a small company, it’s exempt from a full audit, so the figures are unaudited.

The decrease in equity and rise in creditors suggest the company may be experiencing some financial strain, perhaps needing to manage its cash flow more effectively. However, the increase in trade debtors could also indicate expanding sales and a focus on larger contracts. The lack of mention of an auditor in the financial report is not unusual for a company of this size.

Registered in England/Wales under the registration number 02745893, with a registered address at LS28 9LE, Pudsey, Union Bridge Works, Roker Lane.

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