Identify Direct Ltd

Identify Direct Ltd, based in Leamington Spa, UK, is a small holding company with an active status, established 26 years ago in December 1998. The company employs just three people and holds £102,085 in assets, operating from a real address with two directors and one owner. It’s a regular importer of machinery, boilers, and mechanical appliances—parts, with 39 months of import activity recorded, the latest in August 2024—and a regular exporter of optical and medical tools and devices, with four months of export activity, the last in March 2022.

The company’s website highlights its role as a supplier of barcode scanners and machine vision equipment, catering to both machine builders and end-users seeking automation solutions. It offers a range of products, from handheld scanners to smart cameras and verifiers, alongside technical support and bespoke services. The website's content suggests a focus on providing expert guidance and tailored solutions for clients in various industries.

Financially, Identify Direct Ltd’s recent performance shows some concerning trends. Current assets have plummeted 45% to £100,000, while net assets have fallen 41% to £74,000. Bank borrowings are up, and cash reserves have declined. Trade debtors have also dropped significantly, which could indicate payment issues. While 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, the decline in equity raises questions about its financial health. The company is exempt from an audit as a small company, so the figures are unaudited. It’s not clear why the company’s debts have increased, but it’s something to keep an eye on.

Registered in England/Wales under the registration number 03689350, with a registered address at CV32 6QT, England, Leamington Spa, Blackdown Mill, Kenilworth Road.

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