Ignys Ltd

Ignys Ltd, based in Nottingham, UK, is a small, active company founded seven years ago. With 26 employees and £650,417 in assets, it’s a family business boasting a perfect 5.0 Google rating from five reviews. The company operates as an irregular importer, primarily dealing in electrical machinery and equipment, with its last import operation occurring over two years ago. It's a real address, managed by two directors and two owners.

The company’s website reveals it’s an electronics design consultancy offering a range of services, from initial workshops and feasibility assessments to product testing, compliance support, and even emergency assistance. It's a full-service operation, catering to clients needing everything from hardware and software design to manufacturing support and cost reduction strategies. The site highlights its award-winning team and expertise, positioning it as a go-to resource for businesses bringing innovative tech products to market. They even have a blog featuring interviews and case studies, demonstrating a commitment to sharing their knowledge.

Financially, Ignys Ltd shows some concerning trends. Accumulated amortisation and depreciation have increased significantly, up 100% and 41% respectively, suggesting older assets are being written down. Bank borrowings have decreased, but cash reserves have plummeted 34% to £400,000. Creditors have also decreased, which is good, but net assets have fallen by nearly ten percent. Average employee numbers have also dropped slightly. While the company meets the criteria for a small business, these declines suggest it may be facing financial pressures. The lack of an auditor mentioned (likely exempt as a small company) means the figures rely on unaudited data.

In short, Ignys Ltd appears to be a well-regarded consultancy, but the financial data indicates a need to watch expenses and maintain a strong client base.

Registered in England/Wales under the registration number 10884767, with a registered address at NG7 2RH, United Kingdom, Nottingham, Unit 3 Isaac Newton Centre Nottingham Science & Technology Park, University Boulevard.

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