Incube Limited

Incube Limited, based in Stafford, UK, is a small, family-run business with an active status, established seventeen years ago. The company employs twenty-seven people and operates from a real address, managed by two directors and owners. It’s a regular importer of furniture, lighting, and prefabricated buildings, with three months of import activity recorded, and an irregular exporter, with just one month of export activity as of June 2023. The company operates in the manufacture of other furniture industries.

The company’s website, Incube Consulting Recruitment, showcases a broader range of services beyond furniture. It’s a business consultancy focused on digital transformation, data management, cloud adoption, cybersecurity, and product development, offering recruitment, training (Scrum, cybersecurity, Lean Six Sigma), and a partner program. The site emphasizes realizing business potential through technology and innovation, positioning Incube as a trusted advisory and delivery partner. It even offers for-hire resources and has a LinkedIn page.

Financially, Incube Limited’s picture is mixed. While cash bank on hand decreased by 13% to £300,000, finished goods and goods for resale increased by 22% to £96,000. Net assets and liabilities both declined by 16%, settling at £550,000. Property, plant, and equipment also saw a decrease, particularly in commercial motor vehicles and tools and equipment. Trade debtors decreased by 27%, suggesting improved collection efforts. The company meets the criteria for a small company—turnover under £10.2m, assets under £5.1m, and fewer than 50 employees—and is exempt from an audit, relying on unaudited statements.

The decline in net assets and cash reserves, alongside a reduction in property and equipment, suggests the company might be reinvesting in growth or facing increased operating expenses. The decrease in debtors is a positive sign, but the overall trend indicates a need for careful financial management. It’s possible the company is burning through money to expand its consulting services, but it's also possible that the furniture side of the business is struggling.

Registered in England/Wales under the registration number 06444818, with a registered address at ST18 0PJ, England, Stafford, Units 8 And 9 New Road Industrial Estate, Hixon.

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