Industrial Control Distributors Limited

Industrial Control Distributors Ltd from Wellingborough UK: a large company, holding company, and active status, was founded 26 years ago. With 74 employees and £24,354,341 in assets, the company generated £24,725,215 in yearly revenue. It has a real address, six directors, one owner, and a stellar 5.0 Google rating based on 13 reviews. The company regularly imports electrical machinery and equipment, with 81 months of import activity recorded.

The company operates in the manufacture of communication equipment and telephone apparatus, and is a holding company. It’s a large company, having met two of three conditions: turnover more than £36 million, balance sheet total more than £18 million, and employees more than 250. The company’s website states it's "coming soon," but provides a phone number (01933 446464) and address. This suggests a business in transition, perhaps building a new online presence.

Financially, Industrial Control Distributors Ltd presents a mixed picture. While turnover remained stable, net assets declined by 10%, and bank borrowings increased by 20%. Cash reserves decreased by 15%, and creditors increased by 5%. The company’s audit fees expenses increased by 18%, and depreciation expense for property, plant, and equipment rose by 48%. These figures suggest the company is managing its expenses, but perhaps facing some liquidity challenges. The fact that the company’s average number of employees decreased by 4% could be a sign of restructuring or cost-cutting measures. It’s worth noting that the company’s tax expense credit increased significantly by 34%, which could be due to various factors, including changes in tax laws or the company’s financial performance. The company’s auditor is Clifford Roberts, and the financial statements are audited. Overall, Industrial Control Distributors Ltd appears to be a stable, albeit somewhat challenged, business.

Registered in England/Wales under the registration number 03609272, with a registered address at NN8 4RN, Wellingborough, Northamptonshire, Units 8-9 Bridle Close, Finedon Road Industrial Estate.

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