Infrared Systems Ltd

Infrared Systems Ltd, based in Driffield, UK, is a small, active company founded six years ago. Despite its status, accounts are currently overdue by seven months, and the company employs just one person. With £222,931 in assets and a real address shared by seven other companies, it’s a family business run by two directors and owners, Howard Joanne and Howard Shane. The company is an irregular importer, primarily dealing in optical and medical tools and devices, with the last import operation occurring two months ago in January 2020.

The company's website, while present, indicates that Irisys products are no longer available for purchase. Support is limited to existing customers only, with a referral to Fluke products for new customers. A separate announcement details the end of life for Vector 4D products. The website suggests a shift away from direct sales and towards technical support and partnerships.

Financially, Infrared Systems Ltd presents a mixed picture. While cash bank on hand dropped by 36% to £140, current assets increased by 17% to £260,000. However, net assets remained relatively unchanged at £95,000. Bank borrowings are stable at £10,000, and trade debtors increased by 21% to £220,000. Creditors also rose significantly by 38% to £140,000. The company’s small size—meeting two of three criteria for a small company—helps it remain flexible, but the increase in creditors suggests a potential need for better cash flow management. No auditor is mentioned, consistent with its status as a small, exempt company.

Registered in England/Wales under the registration number 11727230, with a registered address at YO25 6RA, United Kingdom, Driffield, 6 George Street.

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