Ilke Industrial Limited

Ilke Industrial Limited is a small, active company based in South Croydon, UK, founded five years ago in 2019. With a single employee and £55,485 in assets, it operates from a virtual address shared by 79 other companies, suggesting a cost-conscious approach. The company is led by a solo founder and director, Bac Ilke. It regularly imports machinery, boilers, and mechanical appliances—parts, with the latest import occurring in April 2024.

The company’s website, ilkeendustriyel.com, reveals a focus on industrial painting systems and automation. It appears to be a B2B operation, catering to industrial clients with customized solutions for painting processes, including surface treatment, application systems, and drying systems. The site also highlights expertise in areas like modular designs, special-sized painting booths, and even lighting systems. The company’s website is in Turkish, with an English translation available.

Financially, Ilke Industrial Limited shows a mixed picture. Cash bank on hand increased significantly by 96%, reaching £55,000, while current assets also rose by 42% to £55,000. However, creditors increased by 38% to £22,000, and tax payable jumped 190% to £6,100—a notable increase. While net assets also grew by 38% to £38,000, the substantial rise in tax liabilities could indicate a period of higher profitability, but also increased scrutiny. The company’s small size (meeting two of three criteria for a small company) allows for flexibility, but the rising tax burden warrants attention. No auditor is mentioned, as it is exempt as a small company.

The company's focus on specialized industrial painting systems suggests a niche market, but the financial data indicates a need to manage rising tax obligations and maintain a healthy cash flow.

Registered in England/Wales under the registration number 12220102, with a registered address at CR2 0BS, England, South Croydon, Suite 57-58 Capital Business Centre, 22 Carlton Road.

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