I D W E Ltd

Idwe Ltd from Sidcup UK: a small, active company founded 30 years ago, employs 20 people, and holds £1,136,269 in assets. With a real address, one director, and one owner, it maintains a stellar 5.0 Google rating based on two reviews. The company is an irregular importer of machinery, boilers, and mechanical appliances; parts, with just one month of imports recorded as of September 2022.

The company operates in the electrical installation industries, and its website, while not fully detailed, suggests a focus on electrical services and potentially related products. It’s a small business, meeting two of three criteria for classification: turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. The company’s history stretches back three decades, and it’s been registered under a previous name, I.d. Wilford Electrical Limited.

Financially, Idwe Ltd presents a mixed picture. While current assets increased by 9.6% to £1,100,000, net assets also rose by 25% to £860,000. However, bank borrowings remained steady at £620, and creditors jumped significantly, rising by 3400% to £22,000. Trade debtors also increased, by 18% to £490,000. Depreciation impairment property plant equipment has seen a slight increase, with Plant Machinery rising by 5.5% and Vehicles remaining constant. The lack of an auditor is not unusual for a small company, and the accounts are unaudited.

The company's increase in debt could be due to increased business activity, but it’s worth noting. The company's steady growth over three decades, coupled with its strong Google rating, suggests a resilient business—although the recent financial trends warrant close monitoring.

Registered in England/Wales under the registration number 03018504, with a registered address at DA14 5NL, Sidcup, Kent, Unit 4 Fitzroy Business Park, Sandy Lane.

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