Infinity Batteries Limited

Infinity Batteries Limited is a small, active company based in Luton, UK, founded three years ago in May 2021. With four employees and £242,601 in assets, it operates from a real address and is led by one director and owner. The company’s business revolves around retail sales via mail order houses or via the internet, indicating a focus on online commerce.

The company's website, while not providing detailed information, suggests a focus on batteries and related products, aligning with its name. It’s unclear if the company has a dedicated e-commerce platform or utilizes third-party marketplaces. The lack of a robust online presence could indicate a reliance on wholesale partnerships or a more traditional mail-order approach.

Financially, Infinity Batteries Limited presents a mixed picture. Cash bank on hand has dramatically decreased by 100%, leaving only £140, a concerning trend. Current assets have also fallen by 20%, dropping to £240,000. However, trade debtors have increased by 27%, reaching £160,000, which could be a sign of extended payment terms or a build-up of outstanding invoices. Creditors have also risen by 21%, reaching £230,000. Equity has decreased by 3.6%, settling at £18,000. The company's small size (meeting two of three conditions for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) means it’s likely exempt from an audit, and the figures are unaudited.

The sharp decline in cash reserves is a key concern, suggesting the company may be burning through money faster than it’s generating revenue. While increased debtors could indicate growth, it also presents a risk of bad debts. The company's reliance on mail order and internet sales, combined with a lack of online visibility, could be contributing to these financial pressures. The director signing the financial statements is D S Bains.

Registered in England/Wales under the registration number 13395417, with a registered address at LU4 8BY, England, Luton, Bedfordshire, 381 Dunstable Road.

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