I.g. Carpentry Ltd

Ig Carpentry Ltd from Ferndale UK: a small, active company established 21 years ago, employs six people, and holds £257,443 in assets. It’s a real address with three directors, though no owners are officially listed. The company regularly imports iron or steel products, with its last import operation dating back to July 2022.

The company's website, igcarpentry.co.uk, showcases a focus on carpentry services, particularly doors. It uses cookies to ensure a good user experience, and visitors can browse case studies, learn about the company, and contact them. There's a clear emphasis on quality and craftsmanship, and it’s a fairly straightforward website without any obvious e-commerce functionality.

Financially, Ig Carpentry Ltd presents a mixed picture. Accumulated depreciation on computer equipment has increased by 18%, while plant machinery depreciation has grown by 32%. Bank borrowings have decreased by 40%, and cash reserves have increased significantly by 410% to £90,000—a positive sign. However, trade debtors have decreased by 28%, suggesting potential issues with customer payments. Despite a slight increase in current assets, net assets have grown by 6.1%, and the company's small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) keeps it nimble. The lack of a named auditor is typical for a small company, so the figures are unaudited.

Overall, Ig Carpentry Ltd appears to be in a stable position, with a healthy cash balance and reduced borrowing. The decrease in trade debtors is something to watch, but the company’s focus on quality carpentry services and a solid financial foundation suggest a sustainable business model.

Registered in England/Wales under the registration number 04827664, with a registered address at CF43 4LF, Wales, Ferndale, Rct, Ig Carpentry Ltd, Rhondda Terrace.

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