Ideal Lincs Limited

Ideal Lincs Limited, based in Market Rasen, UK, is a small, active company founded nineteen years ago in 2005. Employing twelve people, the company holds £360,637 in assets and operates from a real address. With four directors and one owner, it’s a relatively compact operation. The company’s core business revolves around the wholesale of meat and meat products, wine, beer, spirits, dairy products, eggs, and edible oils and fats, as well as retail sales via mail order and internet.

The company's website is not available, but the company operates in the wholesale of meat and meat products, the wholesale of wine, beer, spirits and other alcoholic beverages, the retail sale via mail order houses or via internet, the wholesale of dairy products, eggs and edible oils and fats industries.

Financially, Ideal Lincs Limited presents a mixed picture. While current assets increased by 29% to £360,000, net assets decreased by 58% to -£13,000. Bank borrowings rose by 16% to £96,000, and cash reserves decreased by 3.5% to £4,900. Trade debtors increased significantly by 47% to £230,000. The company meets the criteria for a small company—with turnover under £10.2m, assets under £5.1m, and fewer than 50 employees—which allows it to remain flexible. However, the decline in equity suggests potential financial strain, and the increase in trade debtors may indicate challenges in collecting payments. The company is exempt from an audit as a small company, so the financial data is unaudited.

The company's owner, Davey Paul Mackenzie, is also a director. The company has been operating for a long time, but the recent financial trends suggest a need for careful management to ensure long-term sustainability.

Registered in England/Wales under the registration number 05485490, with a registered address at LN8 6LA, Market Rasen, Lincolnshire, Grange Offices Girsby Grange, Burgh On Bain.

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