Ideal Office Limited

Ideal Office Ltd, based in Warrington, UK, is a small, active company founded 19 years ago. With three employees and £245,221 in assets, it operates as a solo-founded business with one director and owner. The company runs an e-commerce site and has a solid 4.0 Google rating from 19 reviews. It’s an irregular importer of furniture, lighting, and prefabricated buildings, with recent activity in April 2024.

The company’s website showcases a wide range of office furniture, from chairs and desks to storage solutions and power modules. It offers a comprehensive service, including CAD design, furniture layout, and even a furniture assembly service. The site emphasizes competitive pricing, instant credit options, and a commitment to serving businesses across the UK. The website also features a blog and case studies highlighting successful projects.

Financially, Ideal Office Ltd shows some concerning trends. Cash bank on hand has dropped significantly by 63%, falling to £36,000. Bank borrowings have also increased, although not dramatically, and creditors have decreased by nearly 30%. While the company’s net assets have increased by 28%, it’s largely due to a rise in retained earnings. Trade debtors have remained relatively stable. 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 flexibility, but the decline in cash reserves warrants attention. No auditor is mentioned, which is typical for small companies.

Overall, Ideal Office Ltd appears to be navigating a period of change. While the e-commerce site is active and well-reviewed, the financial data suggests a need to manage cash flow and potentially explore new revenue streams to ensure long-term stability.

Registered in England/Wales under the registration number 05741395, with a registered address at WA3 2AN, Warrington, Cheshire, Unit 3 Lowton Business Park Newton Road, Lowton St Marys.

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