Import Export Services Ltd

Import Export Services Ltd, based in Bristol, UK, is a sizable company with a 23-year history, currently employing 66 individuals. The company boasts £6,715,268 in assets and generates a revenue of £15,022,240 annually. It operates with three directors and one owner, and is registered at a real address. The company is a regular importer of electrical machinery and equipment (for 69 months) and a regular exporter of machinery, boilers, and mechanical appliances; parts (for 98 months).

The business primarily focuses on providing global engineering and logistical services, including relocation of production lines and factories. It also operates a separate division, 1066 Pianos, specializing in high-end piano restoration and disaster recovery services. The piano division, established in 1975, even has a showroom in Harrods, London.

Financial data reveals a mixed picture. While turnover remained steady at £15 million, net assets decreased by 30% to £5.8 million. Bank borrowings increased by 100% to £1.2 million, and cash reserves declined by 20% to £1.1 million. Creditors also rose by 15% to £3.7 million. Despite these challenges, the company’s assets remain substantial. The company meets two of three criteria to be considered a large company: turnover over £36 million, balance sheet total over £18 million, and average number of employees over 250.

The company's auditor is Richardson Swift Audit Limited. The decrease in net assets and increase in borrowings suggest the company may be investing heavily in its operations or facing increased costs. The continued growth of the 1066 Pianos division, with its prestigious London presence, likely contributes to the company’s financial complexity.

Registered in England/Wales under the registration number 04221947, with a registered address at BS11 9LS, Bristol, Bristol, 1 Portview Road, Avonmouth.

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