Ika Epos Ltd

Ika Epos Ltd from Northwood UK: a small, active company founded 14 years ago, employs five people, and holds £714,014 in assets. It’s led by one director and owner, boasting a respectable 4.0 Google rating from 28 reviews. The company regularly imports machinery, boilers, and mechanical appliances parts, with 10 months of import activity recorded, the last in March 2024.

The company operates in the other professional, scientific and technical activities n.e.c. industries. While there's no associated website to analyze, this suggests a business-to-business model focused on supplying specialized equipment rather than direct consumer sales.

Financially, Ika Epos Ltd appears to be in reasonable shape. Current assets increased by 25% to £710,000, while net assets also grew by 24% to £370,000. Cash reserves are healthy at £600,000, a 33% increase. Trade debtors remained relatively stable, decreasing slightly by 4% to £76,000. Creditors, however, rose by 31%, reaching £320,000 within a year. Property, plant, and equipment declined by 20%, to £26,000. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) helps it stay nimble. As a small company, it’s exempt from a full audit, relying on unaudited statements. The accounts were prepared using VT Final Accounts software.

Overall, Ika Epos Ltd seems to be a financially stable and well-managed operation. The increase in creditors suggests a possible need to monitor cash flow, but the strong asset base and healthy cash reserves provide a solid foundation.

Registered in England/Wales under the registration number 07629714, with a registered address at HA6 1NW, England, Northwood, C/O Ashley Richmond Accountants Ltd Argyle House, Joel Street.

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