Infinigate Uk Ltd

Infinigate UK Ltd, based in London, is a large company with an active status, established 23 years ago. Employing 33 people, it holds assets worth £2,896,834 and generates yearly revenue of £10,009,787. The company, registered at a real address, is led by two directors, though officially, no owners are listed – likely one of the directors holds the shares. It boasts a perfect 5.0 Google rating from just four reviews. Infinigate UK Ltd regularly imports and exports electrical machinery and equipment, with a history of 75 months of imports and 19 months of exports.

The company operates within the wholesale of computers, computer peripheral equipment, and software industries. Its website doesn’t offer a clear indication of e-commerce activity, suggesting a business-to-business model, rather than direct sales to consumers.

Financially, Infinigate UK Ltd presents a mixed picture. While revenue remains strong, several key metrics have declined. Current assets have dropped significantly by 70%, falling to £2,900,000, while net assets have also decreased by 2.4% to £2,700,000. Bank borrowings have increased by a staggering 86%, reaching £1,900,000, and cash reserves have fallen 79% to £500,000. Creditors have also decreased by 96%, suggesting better debt management, but the overall trend points to a tightening of financial resources. The company meets two out of three criteria for a large company: turnover more than £36 million, balance sheet total more than £18 million, employees more than 250.

The sharp decrease in cash reserves and the increase in borrowings could indicate a period of investment or perhaps a response to market challenges. It’s possible that the company is expanding its operations or facing increased competition, leading to higher costs. The absence of an auditor is likely due to the company’s size and exemption from mandatory auditing requirements. The financial statements are unaudited, so the figures should be viewed with some caution.

Registered in England/Wales under the registration number 04279704, with a registered address at EC2A 4BX, England, London, First Floor, 6-8 Bonhill Street.

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