Independence Mobility Limited

Independence Mobility Ltd, based in Glasgow, UK, is a small, family-run business with an active status, having been founded twenty-one years ago. Employing fourteen people and holding assets of £474,150, the company operates from a real address and is managed by three directors and two owners. It’s an irregular importer, primarily dealing in furniture, lighting, and prefabricated buildings, with recent import activity recorded just one month ago in July 2024.

The company's website showcases a comprehensive range of mobility equipment and specialist healthcare products for both adults and children. It specializes in manual and electric wheelchairs, adjustable beds, bathing and toileting aids, and ramps and access solutions, catering to a wide range of needs. It even offers equipment rental and assessments, highlighting a commitment to customer support. The website also features a blog with helpful tips and guides, and partnerships with charities like Newlife, demonstrating a focus on community engagement.

Financially, Independence Mobility Ltd’s report reveals some interesting trends. While cash bank on hand decreased by 16%, dropping to £130,000, current assets increased by 13% to £470,000. Debtors rose by 13% to £290,000, and creditors increased significantly by 56% to £310,000. Perhaps surprisingly, net assets declined by 10% to £250,000. The company’s small size—meeting two of three criteria for a small company—helps it remain flexible, but the decrease in equity could indicate challenges. Depreciation on motor vehicles increased by 32%, suggesting investment in its fleet, and deferred tax expense credit rose by a substantial 130%. As a small company, it's exempt from an audit, so the figures are unaudited. Overall, Independence Mobility Ltd appears to be navigating a period of change, balancing investment and growth with managing its financial obligations.

Registered in Scotland under the registration number SC261805, with a registered address at G77 5NR, Glasgow, 29 Doune Crescent, Newton Mearns.

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