Impex Business Services Ltd

Impex Business Services Ltd, based in Clitheroe, UK, is a small, active company founded twelve years ago in 2012. With a single employee and £95,212 in assets, it’s a solo founder operation managed by one director and owner, Lehrasab Mohammed. The company operates in the other business support service activities n.e.c. industries. It’s a regular importer, with its top import category being Various textile products, sets, used clothing, and rags, totaling 14 months of imports, the latest in December 2024.

The company’s website is currently unavailable, making it difficult to determine the specifics of its operations beyond the import activities. It's unclear if they have an e-commerce presence or primarily operate as a wholesale importer.

Financially, Impex Business Services Ltd presents a mixed picture. While cash reserves have seen a significant increase of 770%, rising to £20,000, other areas show concerning trends. Net assets have surged by a remarkable 830%, reaching £13,000, but this is largely due to a decrease in liabilities. Creditors have fallen by 93%, which could be a positive sign of improved debt management, but also could mean the company is not investing in growth. Bank borrowings have also increased by 21%, reaching £17,000, and corporation tax payable has skyrocketed by 1000%, reaching £1,500. 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 significant increase in tax payable and the reliance on borrowed funds suggest potential financial strain. With no auditor mentioned (likely exempt as a small company), the figures rely on unaudited statements.

The company’s success hinges on its ability to maintain import activity and manage its liabilities effectively.

Registered in England/Wales under the registration number 08220710, with a registered address at BB7 2QF, Clitheroe, 147 Henthorn Road.

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