Incinco Limited

Incinco Ltd from Old Hatfield UK: a small holding company with an active status, established 27 years ago, employs six people, and holds £1,754,519 in assets. Operating from a virtual address, the company is overseen by four directors and one owner, boasting a stellar 5.0 Google rating based on a single review. Incinco functions as an irregular importer of machinery, boilers, and mechanical appliances parts, with just two months of import activity recorded, and a regular exporter of the same goods, with thirteen months of export activity.

The company's website, incinco.co.uk, details a business focused on the manufacture of ovens, furnaces, and furnace burners. While the site doesn't explicitly showcase e-commerce functionality, it serves as a professional online presence, highlighting the company's expertise in its specialized field.

A review of Incinco's financial data reveals a mixed picture. While cash reserves have increased by a substantial 82% to £920,000, net assets have increased by 200% to £140,000. However, bank borrowings have decreased by 71% to £1,800, and average employee numbers have fallen dramatically, decreasing by 67% to just two people. Trade debtors have also experienced a sharp decline, decreasing by 73% to just £1,500. Creditors have decreased by 20% to £1,600. These changes, coupled with a 32% increase in property, plant, and equipment, suggest a period of restructuring or consolidation. The company’s small size – meeting two of three criteria for being a small company – allows for agility, but the significant changes in employee numbers and debtor levels warrant further scrutiny. As a small company, Incinco is exempt from an audit, relying on unaudited financial statements.

Registered in England/Wales under the registration number 03567726, with a registered address at AL9 5BG, Old Hatfield, Hertfordshire, C/O Keelings, Broad House, The Broadway.

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