Ikon Solutions Ltd

IKON Solutions Ltd, based in Belper, UK, is a small, active company established six years ago. With five employees and £1,486,083 in assets, it operates from a real address and is overseen by three directors and two owners. The company regularly imports iron or steel products, with its most recent import occurring in November 2024. It’s a non-specialised wholesale trade business, and its website focuses on providing warehouse storage solutions.

IKON’s website showcases a comprehensive range of pallet racking, shelving, mezzanine flooring, and accessories. It positions itself as a "Spacesmart" specialist, designing, supplying, and installing these systems to optimize warehouse space and boost efficiency. The site highlights benefits like improved productivity, flexibility, and increased storage capacity. It also offers expert advice, aftercare solutions, and financing options. The company’s product range extends to drive-in racking, longspan shelving, cantilever racking, and more, catering to diverse storage needs. It even offers office mezzanine flooring and rack aisle labelling.

Financially, IKON Solutions Ltd shows a generally positive trend. Cash bank on hand increased by 17% to £780,000, while current assets rose by 32% to £1.5 million. Debtors increased significantly by 54% to £710,000, which could be a sign of business expansion or a need for better credit management. Equity also grew by 31% to £770,000, reflecting retained earnings. However, creditors increased by 37% to £690,000, which could be a result of increased supplier payments. Property, plant, and equipment grew by 66% to £6,500, suggesting investment in infrastructure. 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 increase in creditors warrants monitoring. The accounts are abridged and unaudited, and no auditor is mentioned, which is common for small companies. It's a little odd that the director signing the financial statements is listed as T Sellors, but it's likely a typo.

Registered in England/Wales under the registration number 11553808, with a registered address at DE56 1SW, England, Belper, Unit 7 Heritage Business Centre, Derby Road.

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