Industrial Gas Springs Limited
- Small
- Holding
- Active
- 41 years
- 31 employees
- £8,700,632 (assets)
- Real address
- 3 directors
- 1 owner
- Regular importer
- Regular exporter
Two conditions of three:
1.Turnover < £10.2 million
2.Balance sheet total < £5.1 million
3.Average number of employees < 50
The directors list was changed 5 days ago, a good sign to sell them something.
Field of Operation
Website
Summary
Industrial Gas Springs Ltd, based in Mitcham, UK, is a small, holding company with an active status, having been established 41 years ago in 1983. The company employs 29 people and holds assets totaling £7,581,683. It operates with three directors and one owner, and maintains a real address with only two other companies registered there. Regular import and export activity is noted, with 54 months of imports and 271 months of exports, primarily involving miscellaneous metal items.
The company’s core business revolves around the manufacture of other fabricated metal products, operating within a niche industrial sector. It appears to be a modest operation, meeting the criteria for a small company—turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. The company’s website is not available for analysis.
Financially, Industrial Gas Springs Ltd presents a mixed picture. Cash bank on hand has decreased by 16% to £550,000, while current assets have increased by 11% to £7.6 million. However, net assets have increased by 14% to £6.5 million. Trade debtors have seen a significant decrease, dropping 36% to £430,000, which could indicate improved collection efforts. Bank borrowings have increased, and creditors have also risen by 49% to £440,000. The company's net losses deepened, and bank borrowings surged by 2,400%, reaching £29,000. The lack of employees (zero reported) hints at a lean, possibly solo operation. The company’s accounts are audited, and the report was prepared by Rickard Luckin Limited. Overall, the company seems to be holding steady, but the sharp equity drop raises questions.
Registered in England/Wales under the registration number 01738641, with a registered address at CR4 4HR, England, Mitcham, Surrey, 22 Wates Way.
WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.
Owners & PSC
-
Corporate
- 9 years
- 75%+
-
Resident of United Kingdom
Managers
-
Individual
- 5 days
- 11
-
Resident of United Kingdom
-
Individual
- 1 year
- 1
-
Resident of Sweden
-
Individual
- 6 years
- 15
-
Resident of United States
Last reports
The latest confirmation statement submitted nine months ago.
Last news
-
Appointment of Mr Douglas William Mcneilly as a director on 2025-06-09Download 2 pages pdf report
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Termination of appointment of James Thomas Harding as a director on 2025-06-09Download 1 page pdf report
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Accounts for a small company made up to 2024-12-31Download 12 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 Industrial Gas Springs Limited
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