Ignis Overseas Ltd

Ignis Overseas Ltd is a small, active company based in London, UK, founded three years ago in June 2021. With just one employee and £21,496 in assets, it's a solo founder operation led by a single director and owner, Ates Dincer. The company operates from a virtual address shared by 715 other businesses, raising questions about its physical presence. It’s classified as an irregular importer, primarily dealing in miscellaneous chemical products, with just one month of import activity recorded as of June 2024.

The company’s activities span a diverse range, including non-specialised wholesale trade, retail via mail order and internet sales, management consultancy, and other service activities. While its website is minimal, it suggests a focus on connecting businesses with various services.

Financially, Ignis Overseas Ltd presents a mixed picture. Cash bank on hand increased by a substantial 87% to £12,000, while creditors surged by 140% to £8,900. Trade debtors remained constant at £6,400. Equity grew by 210% to £8,200, but the increase in creditors suggests a reliance on short-term financing. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for agility, but the rise in short-term debt warrants attention. As a small company, it is exempt from an audit, so the figures are unaudited.

Overall, Ignis Overseas Ltd appears to be navigating a challenging environment. The increase in cash is positive, but the growing debt load could indicate a need for careful financial management.

Registered in England/Wales under the registration number 13434452, with a registered address at N15 5EA, England, London, 151 West Green Road.

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