In-tend Limited

In-Tend Limited is a small, active company based in Rotherham, UK, founded eighteen years ago in 2006. It employs forty people and holds assets worth £1,760,790, generating £2,649,186 in yearly revenue. The company operates as a holding company with seven directors and one owner, and has a real registered address. It’s an irregular importer, primarily dealing in optical and medical tools and devices, with just one month of import activity recorded as of July 2023.

The company’s website, sell2you.co.uk, indicates a focus on business and domestic software development. While the site is currently displaying a "JavaScript required" message, its content suggests a B2B platform for procurement and contract management, offering features like e-invoicing, supplier management, and spend analysis. It appears to be an e-commerce platform, although the current state of the website makes it difficult to confirm.

Financially, In-Tend Limited presents a mixed picture. While turnover remained steady at £2.6 million, net assets increased by 8.1% to £1.3 million. However, operating losses deepened significantly, rising by 150% to -£220,000. Cash reserves also declined, dropping 15% to £1 million. Bank borrowings increased, and administrative expenses rose 14%, suggesting increased operational costs. Despite these challenges, 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. There’s no auditor mentioned, likely due to its status as a small company.

The significant increase in restructuring costs, and the deep operating losses, raise concerns about the company’s financial health. While the increased net assets offer some reassurance, the company appears to be burning through cash. The lack of detail regarding the company’s ownership structure, and the fact that the website is currently unavailable, adds to the uncertainty.

Registered in England/Wales under the registration number 05845701, with a registered address at S66 7BN, England, Rotherham, South Yorkshire, In-Tend House 74 High Street, Maltby.

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