Igalari Ltd

Igalari Ltd, based in Hoddesdon, UK, is a small, active company founded seven years ago in 2018. With a single employee and £609,211 in assets, it operates from a virtual address shared by seventy-three other companies, which is a little odd. The company is led by a solo founder, Fava Davide, who also serves as the director and owner. It boasts a perfect 5.0 Google rating from five reviews, and regularly imports ceramic products—thirteen months worth, with the last import occurring in December 2024.

The company’s website showcases a range of luxury Italian porcelain tiles, including marble, modern, wood, outdoor, and contract options. It emphasizes a “virtual tour” and caters to both residential and commercial clients, positioning itself as a provider of “Flooring the Environment of your Dreams.” The site suggests a focus on high-end design and a B2B element, with dedicated sections for contractors.

Financially, Igalari Ltd presents a mixed picture. While current assets decreased by 12% to £610,000, net assets increased by 4.7% to £560,000. Bank cash fell by 16% to £320,000, and trade debtors decreased by 7.4% to £290,000. Creditors, however, saw a significant drop of 51% to £84,000, which is a good sign. 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, but the decrease in cash reserves warrants a closer look. No auditor is mentioned, which is common for small companies.

Overall, Igalari Ltd seems to be operating, but the decrease in cash reserves could be a concern. The company's focus on high-end tiles and its online presence suggest a potential for growth, but it will need to manage its finances carefully to sustain its operations.

Registered in England/Wales under the registration number 11300793, with a registered address at EN11 8TL, England, Hoddesdon, Herts, 1st Floor 87/89 High Street.

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