Ideal Products Ltd

Ideal Products Ltd, based in Wolverhampton, UK, is a small, holding company with an active status. Founded fourteen years ago in 2010, the company employs nine people and holds £829,573 in assets. It operates from a real address and is overseen by two directors and one owner. The company currently has a 3.0 Google rating based on four reviews. Ideal Products Ltd regularly imports furniture, lighting, and prefabricated buildings—nine months of import activity were recorded, with the last operation occurring in March 2023.

The company’s website reveals it operates in the wholesale of furniture, carpets and lighting equipment, and the wholesale of household goods. It appears to be a B2B operation rather than an e-commerce site, focusing on supplying businesses rather than selling directly to consumers. There's no indication of an online store or direct sales functionality.

Financially, Ideal Products Ltd presents a mixed picture. Cash reserves have significantly increased, jumping 150% to £750,000—a positive sign of improved liquidity. However, net losses deepened, and trade debtors have plummeted, suggesting potential issues with customer payments. Creditors have also increased substantially, by 180%, which could be due to increased purchasing to support import activities. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) helps it maintain agility, but the decline in trade debtors is something to keep an eye on. There's no auditor mentioned, which is typical for small, exempt companies. The accounts are abridged, and the company is entitled to exemption under section 477 of the Companies Act 2006.

Registered in England/Wales under the registration number 07404199, with a registered address at WV1 2ES, Wolverhampton, West Midlands, Ideal House, Lower Walsall Street.

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