In-ov-8 Diy Limited

In-ov-8 Diy Limited, based in Leeds, UK, is a small, active company established 26 years ago in 1998. It holds £8,678 in assets and operates from a real address in Gemini Business Park. With two directors and one owner, the company is a irregular importer, primarily dealing in leather goods, travel bags, and animal harnesses, with just two months of import activity recorded as of August 2018. The company operates in the agents involved in the sale of textiles, clothing, fur, footwear and leather goods industries.

The company’s website is minimal, offering little insight beyond its core business. It appears to be primarily a B2B operation, acting as an intermediary rather than a direct retailer. There's no obvious e-commerce presence, suggesting a focus on wholesale or trade sales.

Financially, In-ov-8 Diy Limited shows a concerning trend. Current assets have fallen by 24% to £8,700, and net assets have plummeted 60% to just £620. Cash reserves are down 4.4% to £8,700, while bank borrowings have not been reported. Creditors decreased by 18%, which is a positive sign. The company’s small size (meeting two of three conditions for a small company) helps it remain agile, but the significant equity decline raises questions about its financial health. The accounts are unaudited, which is typical for small companies, and no auditor is mentioned.

The company’s reliance on irregular imports and its declining equity suggest it’s facing financial pressures. While its niche in the textile and leather goods industry could offer stability, the company will need to address its declining assets to ensure its long-term viability.

Registered in England/Wales under the registration number 03621234, with a registered address at LS7 3JB, United Kingdom, Leeds, West Yorkshire, Unit-9 Gemini Business Park Unit-9, Gemini Business Park.

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