Ideal Signs (uk) Limited

Ideal Signs (UK) Limited, based in Wickford, UK, is a small, family-run business with an active status. Founded fifteen years ago in 2010, the company employs eight people and holds £334,373 in assets. It operates from a real address and is managed by three directors and two owners. The company boasts a perfect 5.0 Google rating based on three reviews, a testament to its customer service. The business is a irregular importer of furniture, lighting, and prefabricated buildings, with one month of import activity recorded as of February 2022. It also exports, though irregularly, with no specific categories listed and two months of export activity recorded as of July 2024.

The company’s website, while not detailed, indicates a focus on sign production, operating within the printing n.e.c. industries. It’s likely that Ideal Signs (UK) Limited serves local businesses and individuals with signage needs, leveraging its family-run nature and local presence.

Financially, Ideal Signs (UK) Limited presents a mixed picture. Current assets have significantly decreased by 53%, falling to £330,000, while net assets have also dropped by 11%, settling at £500,000. Bank borrowings have seen a substantial decrease of 40%, down to £15,000, and cash reserves have increased by 44%, reaching £51,000. However, creditors have also decreased by 40%, and other creditors have seen a dramatic drop of 590%. Trade debtors have fallen by 58%, suggesting improved collection efforts. 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 decrease in net assets warrants attention. The company is exempt from an audit, and the figures are unaudited.

The increase in the number of employees from eight to eleven, while positive, may also indicate growing operational costs. The significant drop in other creditors suggests a possible restructuring of payment terms, but the overall financial trends suggest a need for careful management to ensure long-term stability.

Registered in England/Wales under the registration number 07124518, with a registered address at SS11 8DD, England, Wickford, Essex, Unit 3 Robert Way.

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