Infinity Pro Sw Ltd

Infinity Pro Sw Ltd, based in Paignton, UK, is a small, active company founded 14 years ago. Employing just two people, it operates from a real address and is managed by two directors and owners. The company is a regular importer of jewelry, precious stones, and metals, with four months of import activity recorded as of April 2019. It operates within the manufacture of other wearing apparel and accessories n.e.c. industries.

While the company’s website is non-existent, its business appears to focus on importing and potentially manufacturing or distributing fashion accessories. The lack of a website suggests a more traditional, B2B model, perhaps relying on wholesale channels or direct sales to retailers.

Financially, Infinity Pro Sw Ltd presents a mixed picture. Current assets have decreased by 37%, dropping to £14,000, while net assets have plummeted 74%, reaching -£49,000. Bank borrowings have surged by a staggering 200%, jumping to £48,000, and cash reserves have fallen 67%, leaving just £1,000 available. Creditors have also increased by 43%, reaching £77,000, while trade debtors have decreased by 19%, suggesting better debt collection. The company meets two of three criteria to be considered small: turnover under £10.2m, balance sheet under £5.1m, and fewer than 50 employees. With no auditor mentioned, the figures are unaudited.

The significant increase in bank borrowings and the negative equity position suggest the company is burning through cash, potentially due to increased operating costs or reduced sales. The decrease in cash reserves is a cause for concern, and the company may need to explore options to improve its financial health, such as securing additional funding or reducing expenses. The decrease in debtors is a positive sign, but the overall financial trends indicate a company facing challenges.

Registered in England/Wales under the registration number 07519376, with a registered address at TQ3 1JX, Paignton, Devon, 172 Southfield Avenue, Preston.

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