Induction Coil Solutions Limited
- Small
- Active
- 9 years
- 7 employees
- £636,633 (assets)
- Real address
- 2 directors
- 2 owners
- Irregular importer
- Regular exporter
- Family business
- Solo founder
Two conditions of three:
1.Turnover < £10.2 million
2.Balance sheet total < £5.1 million
3.Average number of employees < 50
Field of Operation
Website
Summary
Induction Coil Solutions Ltd, based in Cheltenham, UK, is a small, active family business founded nine years ago. With seven employees and £636,633 in assets, the company operates from a real address and is led by two directors and owners. It's a solo founder's creation, specializing in copper production, machining, and the manufacture of electronic components. While irregular, it imports electrical machinery and equipment for a month, and regularly exports it for eighteen months.
The company’s website highlights its expertise as induction heating specialists, offering turnkey coil solutions, design services, repair, and even training courses. It caters to a range of industries, including aerospace, medical, and packaging, emphasizing energy efficiency and green technology. They even have an applications laboratory for customers to test their products.
Financially, Induction Coil Solutions Ltd shows some interesting trends. Current assets have decreased by 7.2% to £640,000, while net assets have increased by a significant 56% to £600,000. Bank borrowings have decreased by 35%, and cash reserves have grown by 16% to £430,000. Creditors have also decreased by 8.4%, suggesting improved debt management. Despite a drop in profit loss, the company’s small size (meeting two of three conditions for a small company) helps it remain flexible. The company is exempt from an audit, and the financial data is unaudited.
The company’s growth in assets and cash reserves is a positive sign, but the decrease in profit loss should be monitored. It appears that the company is well-positioned for continued success, leveraging its expertise and focus on green technology to serve a diverse range of industries.
Registered in England/Wales under the registration number 09917148, with a registered address at GL53 7EH, England, Cheltenham, Glos, Unit 4 & 5 Naunton Park Industrial Estate, Churchill Road.
WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.
Owners & PSC
-
Individual
- Stratford Lee Roger
- 7 years
- 25%+
-
Resident of United Kingdom
-
Individual
- Stratford Jodie Ann
- 9 years
- 75%+
-
Resident of United Kingdom
Managers
-
Individual
- Stratford Lee Roger
- 7 years
-
Resident of United Kingdom
-
Individual
- Stratford Jodie Ann
- 9 years
-
Resident of United Kingdom
Last reports
The latest confirmation statement submitted five months ago.
Last news
-
Total exemption full accounts made up to 2024-12-31Download 13 pages pdf report
-
Confirmation statement made on 2024-12-14 with updatesDownload 5 pages pdf report
-
Total exemption full accounts made up to 2023-12-31Download 13 pages pdf report
Importer profile by HS codes
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Last imported products
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Exporter profile by HS codes
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Last exported products
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FAQ about Induction Coil Solutions Limited
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