Independence Limited

Independence Limited, based in Ely, UK, is a small holding company with an active status, celebrating 25 years since its founding in 1999. Employing 15 people, the company holds £786,092 in assets and operates from a real address. It’s managed by two directors and owned by Judick Ltd. The company runs an e-commerce site and has earned a perfect 5.0 Google rating based on a single review. It’s a regular importer, specializing in optical and medical tools and devices, with 13 months of import activity recorded, the last in November 2024.

The company’s core business involves retail sale via mail order houses or via internet, catering to a niche market. The website, while basic, showcases a range of products and services, suggesting a focus on customer convenience and accessibility. It’s a small company, meeting two of three conditions for classification (turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees).

Financially, Independence Limited shows a mixed picture. Current assets have grown by 22% to £790,000, while net assets increased by 27% to £540,000. Cash reserves have seen a significant boost, jumping 60% to £490,000. However, creditors have risen by 8% to £280,000, and other creditors have surged by a substantial 220% to £81,000. Trade debtors have also decreased by a large 61%, suggesting a problem with customer payments. The company’s small size allows for agility, but the increase in creditors warrants further attention. The accounts are unaudited, likely due to the company's exemption as a small entity.

Overall, Independence Limited appears to be financially stable, with growing assets and healthy cash reserves. However, the increase in creditors and decrease in trade debtors indicates a need to carefully manage its finances and ensure timely payments.

Registered in England/Wales under the registration number 03784086, with a registered address at CB6 2HQ, Ely, Cambridgeshire, Witchford House 95 Main Street, Witchford.

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