Image Displays Uk Limited

Image Displays Uk Ltd, based in Wigston, Leicester, is a small, active company established 22 years ago. Employing 24 people and holding assets of £438,134, it’s a well-established player in its sector. With five directors and two owners, the company operates from a real address and has been incorporated since December 18, 2002.

The company specialises in shop fitting and bespoke manufacture within the retail market. Its website highlights a focus on quality manufacturing and site installations, with a fully equipped maintenance division. Projects showcased include work for well-known brands like Clarins and TY Bears, demonstrating a track record of delivering high-quality work for established retailers. The company’s website also reveals a connection to a piano restoration business, 1066 Pianos, although the extent of the link isn’t clear.

Financially, Image Displays Uk Ltd shows some concerning trends. Accumulated depreciation for property, plant, and equipment increased by 8%, suggesting increased wear and tear or investment in new assets. Advances to directors have also increased significantly, by 400%, which could indicate funding for operations or personal loans. Bank borrowings have decreased, which is a positive sign, but cash on hand remained stable. The company’s turnover has decreased by 59%, which is a significant drop, and net assets have also declined. 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 flexibility, but the decrease in profits is a cause for concern. The lack of an auditor mentioned suggests the company is exempt from an audit, relying on unaudited financial statements.

Overall, Image Displays Uk Ltd appears to be facing some financial headwinds, despite its established presence and reputation for quality work. The decrease in turnover and profits, alongside the increase in director advances, warrants closer monitoring.

Registered in England/Wales under the registration number 04620949, with a registered address at LE18 2BH, Wigston, Leicester, North Factory, Clarkes Road.

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