Idc Business Communications Limited

Idc Business Communications Ltd from Cumbria UK is a small, active company founded 18 years ago. It employs just one person and holds £14,429 in assets, operating from a real address in Ireleth. With two directors and a solo founder, Dart Ian Francis, the company is a somewhat irregular importer of electrical machinery and equipment, with just one month of import activity recorded back in 2017. The company operates in the management consultancy activities other than financial management industries.

The business’s website is not available for analysis.

Financially, Idc Business Communications Ltd presents a mixed picture. Current assets have fallen sharply, dropping 52% to just £14,000, while net assets have plummeted 81% to -£92,000. Bank cash has also decreased significantly, falling 53% to just £100. Creditors, however, have increased by 29% to £110,000, and trade debtors have risen by 28% to £8,300. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for agility, but the substantial equity decline suggests a challenging period. The lack of an auditor (likely exempt as a small company) means the figures are unaudited.

It's clear that the company is burning through money. The significant decrease in cash reserves, coupled with the negative equity, indicates a need for careful financial management. Whether this is a temporary setback or a longer-term trend remains to be seen.

Registered in England/Wales under the registration number 06059373, with a registered address at LA16 7HT, Cumbria, 14 Abbey Heights, Ireleth.

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