Imobiletech Limited

Imobiletech Ltd from Bolton UK: a small, active company founded thirteen years ago, employs just three people, and holds £609,302 in assets. Operating from a virtual address, it’s managed by two directors and a single owner, and runs an e-commerce site.

The company operates in the retail sale via mail order houses or via internet industries. Its website, a sprawling marketplace, offers a vast range of products—from electronics and cars to fashion and collectibles. It's a real online hub, with sections dedicated to everything from watches and jewellery to garden tools and health beauty products. There’s a lot going on, and the site is clearly designed to capture a wide range of customer interests.

Financially, Imobiletech Ltd’s picture is a bit mixed. While current assets grew by a respectable 56% to £610,000, net assets declined slightly by 1.9% to £1,200,000. Bank borrowings were reduced by 50%, falling to £160,000, which is good news. However, cash bank on hand dropped by 59% to just £32,000, which could be a concern. Creditors also increased, rising 93% to £770,000 within a year—suggesting perhaps an increase in supplier credit or a need to manage debt more closely. The company’s small size (meeting two of three conditions for turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees) means it's nimble, but the increased creditors need to be watched. No auditor is mentioned, which is typical for a small company.

Overall, Imobiletech Ltd seems to be navigating the challenges of running an e-commerce business. The wide product range and active site suggest a strong online presence, but the financial data indicates a need to keep a close eye on cash flow and manage debt effectively.

Registered in England/Wales under the registration number 07952453, with a registered address at BL1 1RF, England, Bolton, Greater Manchester, 2nd Floor, 6 Oxford Street.

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