Indigo (ni) Ltd

Indigo Distribution AV Home Automation Trade UK Ireland is a small, active company based in Bangor, Northern Ireland, founded fourteen years ago in 2010. With £625,459 in assets and a real registered address, it employs fifteen people and is overseen by four directors, including Booth Matthew as the sole owner. The company regularly imports electrical machinery and equipment—a consistent pattern over 177 months, with the latest activity in November 2024—and has also engaged in exporting, though less frequently, with seven months of activity ending in December 2020.

The company’s website highlights its focus on audio-visual equipment and home automation solutions, catering to both trade and retail customers. It positions itself as a supplier of high-quality products and expert support, reflecting a B2B model. While the website suggests a focus on distribution, it doesn't explicitly mention e-commerce, implying a wholesale or trade-focused operation.

Financially, Indigo Distribution AV shows some concerning trends. Current assets have decreased by 18% to £630,000, and net current assets have increased by 87% to £31,000. Bank borrowings have increased significantly by 59% to £84,000, while cash reserves have declined slightly by 1.5% to £22,000. Creditors have also decreased by 20%, suggesting improved debt management. 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 decline in current assets and rise in bank borrowings warrant closer scrutiny. No auditor is mentioned, consistent with its status as a small, exempt company.

Overall, Indigo Distribution AV appears to be navigating a challenging period. While its core business of importing and distributing electrical equipment remains active, the financial data suggests it's burning through money. The rise in bank borrowings, coupled with the decline in cash reserves, indicates a potential need for increased investment or improved cash flow management.

Registered in Northern Ireland under the registration number NI604419, with a registered address at BT19 7HJ, Bangor, County Down, 79 Balloo Link.

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