Ietg Holdings Limited

Ietg Holdings Ltd from Burton-On-Trent, UK, is a large holding company with an active status, established eight years ago. The company holds £1,138 in assets and operates from a virtual address, a detail that's worth noting as eleven companies share the same location. It’s managed by five directors and has one owner, and maintains a respectable Google rating of 4.0 based on five reviews. The company regularly imports optical and medical tools and devices, with 29 months of import activity recorded, the last in January 2025, while exporting these same items irregularly, with just one month of export activity in July 2018.

The company operates in the other business support service activities n.e.c. industries. Its website, socotec.co.uk, reveals a broad range of services, from asbestos management and building control to environmental science and fire safety. It's clear they cater to a diverse clientele, including construction firms, healthcare providers, and government agencies. The site showcases a global network of experts and emphasizes a commitment to creating a safer and sustainable world. It’s not an e-commerce site; instead, it's a platform for showcasing services and generating leads.

Financially, Ietg Holdings Ltd presents a concerning picture. Administrative expenses have surged by a staggering 410%, reaching £52,000, while cash bank on hand has plummeted by 62%, leaving just £1,100. Net assets have also taken a hit, falling 78% to a mere £24,000. Bank borrowings have spiked by 550%, reaching £33,000, and operating profit loss deepened to -£85,000. While creditors have decreased slightly, the overall trend suggests the company is burning through money. The lack of employees (zero reported) hints at a lean operation, but the significant losses raise questions about its long-term viability. The company’s auditor, Sagars Accountants Ltd, performed an audit, but the unaudited figures still rely on director-reported data.

It’s clear that while Ietg Holdings Ltd provides valuable support services, its financial health is precarious. The company's reliance on external funding and its ability to control expenses will be key to its survival.

Registered in England/Wales under the registration number 10413322, with a registered address at DE15 0YZ, England, Burton-On-Trent, Socotec House Bretby Business Park, Bretby.

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