Ideal Group International Limited

Ideal Group International Ltd, based in Milton Keynes, UK, is a small, active company founded six years ago. With two employees and £160,724 in assets, it operates from a real address and is managed by two directors and owners, with a solo founder at its helm. The company’s activities span retail sales of mobile telephones, goods sold via stalls and markets, mail order houses or internet, and other information services.

The company’s website is currently unavailable, making it difficult to assess its e-commerce presence. It’s unclear if they operate a dedicated online store or primarily rely on other sales channels.

Financially, Ideal Group International Ltd presents a mixed picture. While the company’s net assets improved from a negative £57,000 to a positive £13,000—a significant turnaround—cash reserves have dramatically decreased by 97%, leaving only £3,100. Bank overdrafts have also shifted from a negative £11,000 to a positive £3,700, which is a good sign. Trade debtors have increased substantially, rising by 92%, suggesting a potential reliance on customer payments. Creditors have also decreased by 31%, which is a positive trend. The company’s small size—meeting two of three criteria for a small company—allows for flexibility, but the sharp decline in cash reserves warrants attention. The company’s £160,000 current assets are a little low, but the increase in other debtors by 490% is a good sign.

The accounts are unaudited and prepared under FRS 102, which is standard for small companies. The director is responsible for complying with the Companies Act 2006, and the company is entitled to exemption from an audit.

Registered in England/Wales under the registration number 11336464, with a registered address at MK5 7DD, England, Milton Keynes, 49 Faraday Drive, Shenley Lodge.

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