Idex Biometrics Uk Ltd

Idex Biometrics Uk Ltd from Manchester UK: large company, holding company, active status, founded 10 years ago, 31 employees, £1,328,668 assets, yearly revenue: £2,420,664, real address, 3 directors, 1 owner. Regular importer of electrical machinery and equipment (49 months imported). Regular exporter of electrical machinery and equipment (35 months exported). It's a large company, meeting two of three conditions: turnover more than £36 million, balance sheet more than £18 million, and employees more than 250. The company, founded ten years ago on August 29, 2014, operates from a real address shared by only one other company, suggesting a genuine business location. Its status is active, and it's managed by three directors and one owner, with thirty-one employees. The company operates in the other engineering activities industries.

While Idex Biometrics Uk Ltd's website isn't readily available, its activities point to a business focused on engineering and technology services. It's likely that the company doesn't operate an e-commerce site directly, but rather provides services or components to other businesses in the fingerprint technology sector. The regular import and export of electrical machinery and equipment suggests a focus on hardware and supply chain management.

Financially, Idex Biometrics Uk Ltd presents a mixed picture. While revenue increased by a healthy 38% to £2.4 million, net assets took a significant hit, plummeting 110% to -£690,000. This suggests a reliance on external financing, as bank borrowings increased. Cash reserves fell 30% to £29,000, and trade debtors rose by 890%, which could indicate challenges in collecting payments. Creditors decreased by 18%, a positive sign of better debt management. The company’s turnover is impressive, but the sharp decline in equity raises concerns about its long-term financial health. The company is not audited, relying on unaudited statements.

In short, Idex Biometrics Uk Ltd is a large, holding company with a strong revenue stream, but it's facing financial pressures. Its reliance on external funding and the decline in equity suggest a need for careful management. The company's position as a regular importer and exporter of electrical machinery and equipment highlights its role in the global supply chain.

Registered in England/Wales under the registration number 09193617, with a registered address at M2 4DN, England, Manchester, 3rd Floor Northern Assurance Building, Princess Street.

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