Indica Industries Uk Limited

Indica Industries Uk Ltd from Wellington UK is a small, active company founded ten years ago. With three employees and £3,371,843 in assets, it operates from a real address and is overseen by four directors and one owner. The company regularly imports treated or layered fabrics for industrial use, with four months of import activity recorded, and exports plastics and plastic products, boasting seven months of export activity.

The company's website reveals a multifaceted operation. Indica Industries Pvt Ltd specializes in noise, vibration, and heat management, offering industrial insulation, adhesives, and tapes. They provide manufacturing solutions like die cutting, lamination, and vacuum forming, catering to industries including automotive, heavy equipment, and medical. The site also highlights its capabilities in paint booths, clean rooms, and assembly services, indicating a diverse range of manufacturing expertise. The website also mentions a 2016-2017 copyright, suggesting a long-standing presence in the industry.

Financially, Indica Industries Uk Ltd presents a mixed picture. Current assets have decreased by 14% to £3,400,000, while net assets have fallen by 2.8% to £4,300,000. However, cash reserves have significantly increased by 63% to £940,000, a positive sign. Trade debtors have experienced a substantial decline of 50%, which could indicate improved collections or reduced sales. Creditors have also decreased by 60%, suggesting better management of short-term liabilities. 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, but the decrease in debtors is something to keep an eye on. The company's accounts are audited, with Magma Audit LLP performing the audit. The report indicates that the accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

Registered in England/Wales under the registration number 09029219, with a registered address at TA21 8FQ, England, Wellington, Somerset, Pritex, Lillebonne Way.

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