Ignition Collective Limited

Ignition Collective Limited, based in Banbury, UK, is a small, active family business established eleven years ago. With eight employees and £1,395,369 in assets, the company operates from a real address and is led by one director and two owners. It’s a modest operation, meeting two of the three criteria to be classified as small (turnover under £10.2 million, balance sheet total under £5.1 million, and fewer than 50 employees). The firm engages in irregular importing and exporting of headgear and accessories, with one month of import activity and two months of export activity recorded as of October 2024.

The company’s website positions it as a marketing agency specializing in motorsport, sport, and entertainment. It offers services like strategy planning, sponsorship activation, event management, vehicle programme management, creative content development, web design, and branding design. The site emphasizes a client-focused approach and a track record of success, with testimonials from satisfied clients like Ford Performance. A new website and rebrand are currently in development, promising a refreshed look and enhanced user experience.

Financially, Ignition Collective Limited has experienced significant shifts. Cash bank on hand has declined by 12% to £320,000, while creditors have skyrocketed by 440% to £480,000 – a substantial increase. Trade debtors have also seen a dramatic rise, jumping 520% to £1.1 million. However, there’s been a positive trend in equity, increasing by 95% to £970,000. The company’s average number of employees has also increased by 88% to fifteen. These changes suggest the company may be investing in growth, but also taking on more debt. With no auditor mentioned, the financial statements are unaudited.

It's clear that Ignition Collective Limited is navigating a period of change, balancing growth with financial management. The company’s focus on specialized marketing services and its family-run nature could provide a competitive edge, but the increasing debt levels warrant close monitoring.

Registered in England/Wales under the registration number 08510071, with a registered address at OX17 2DH, England, Banbury, The Granary Greatworth Hall, Greatworth.

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