Ikonek Ltd

Ikonek Ltd from Newquay UK is a small holding company with an active status, established six years ago. The company holds £100 in assets, operates from a real address, and is managed by one director and one owner. It's a small company, meeting two out of three conditions: turnover under £10.2 million, balance sheet total under £5.1 million, and fewer than 50 employees.

The company's primary focus is providing warehouse storage solutions. Its website, Spacesmart, showcases a range of products including pallet racking, shelving, mezzanine flooring, and accessories. They offer comprehensive services, from design and supply to installation and aftercare, emphasizing a "Spacesmart" approach to maximise warehouse efficiency and storage capacity. They even offer finance options, which is good.

Financially, Ikonek Ltd's numbers present a mixed picture. Current assets have fallen by a significant 72% to just £100, and net assets have also dropped by the same amount. Cash bank on hand has vanished completely, a big change from the previous year. Debtor levels have also declined, suggesting that customers are paying slower. However, creditors have also disappeared, which could be a positive sign. The company's small size helps it remain flexible, but the sharp decline in equity raises some concerns. No auditor is listed, which is common for small companies.

Overall, Ikonek Ltd appears to be navigating a period of financial adjustment. While its warehouse solutions business seems active and well-positioned, the company's financial health requires close monitoring. It's a bit concerning that cash reserves are zero, but hopefully, the company can maintain its momentum and overcome these challenges.

Registered in England/Wales under the registration number 11831552, with a registered address at TR7 2SX, United Kingdom, Newquay, Cornwall, Prow Park, Treloggan Industrial Estate.

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