Iheadphones Limited

Iheadphones Limited, based in Goole, UK, is a small, active company established fifteen years ago in 2009. Currently, its assets are valued at £1,973,349, and it's managed by two directors and one owner. Confirmation is overdue by five months, a detail that could benefit from attention. The company operates from a real address and regularly imports toys, games, and sports equipment – a consistent stream of imports spanning seventeen months, with the most recent in November 2023. It also occasionally exports iron or steel products, though this activity has been infrequent, with only two months of exports recorded as of October 2021.

The company’s website is currently unavailable, making it difficult to ascertain the specifics of its online presence or e-commerce operations. Without a functioning website, it’s hard to say how much of its business is driven by online sales. It’s likely that the company operates primarily through mail order or other channels, but further investigation would be needed to confirm this.

Financially, Iheadphones Limited presents a mixed picture. While cash reserves have increased by a substantial 42% to £250,000, creditors have surged by an astonishing 950% to £360,000, and net assets have increased by 4.3% to £1,000,000. Trade debtors have also increased by 10%, reaching £320,000. The company’s small size—meeting two of three conditions for a small company—allows for agility, but the significant increase in creditors suggests a need for careful cash flow management. The company’s accounts are unaudited, and no auditor is mentioned, which is common for small, exempt companies.

The company’s reliance on imports, particularly toys, games, and sports equipment, could be vulnerable to supply chain disruptions or changes in consumer demand. The irregular export activity, limited to iron or steel products, suggests a smaller, less consistent revenue stream. Overall, Iheadphones Limited appears to be holding its own, but the increase in creditors warrants close monitoring to ensure financial stability.

Registered in England/Wales under the registration number 07055553, with a registered address at DN14 9QF, England, Goole, 1 The Pastures, Carlton.

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