Ink Associates Limited

Ink Associates Ltd, based in London UK, is a small holding company with an active status, established eighteen years ago. The company employs fifteen people and holds £901,175 in assets. It has a real address and is overseen by five directors and one owner, boasting a perfect 5.0 Google rating based on a single review. Ink Associates operates as an irregular importer of furniture, lighting, and prefabricated buildings (two months of imports) and an irregular exporter of electrical machinery and equipment (one month of exports).

The company’s website, Ink Associates Luxury Retail Design and Store Construction, suggests a focus on architectural design, project management, and store construction. It offers services including architecture, design, and project management, and even boasts a portfolio of projects. The site also highlights a connection to high-end piano restoration, hinting at a potential link to the 1066 Pianos venture.

Financially, Ink Associates Ltd presents a mixed picture. Current assets have decreased significantly by 58%, dropping to £900,000. Net assets have also plummeted 83%, falling to £250,000. Cash reserves have been hit hard, decreasing 66% to £430,000. Bank borrowings have increased by a staggering 2,400%, reaching £29,000. On a positive note, creditors have decreased by 18%, suggesting improved debt management. The company qualifies as a small business, meeting two of three criteria (turnover under £10.2m, assets under £5.1m, and fewer than 50 employees). The lack of an auditor mentioned—likely due to its small size—means the figures are unaudited.

The company’s significant decrease in equity and cash reserves raises concerns, although the reduction in creditors is encouraging. It's clear that the business is facing financial pressures. Whether this is a temporary setback or a longer-term trend remains to be seen, but the company’s focus on luxury retail design and store construction, along with its potential connection to the piano restoration business, may provide a foundation for future success.

Registered in England/Wales under the registration number 06069944, with a registered address at SE1 8HA, England, London, Lower Ground Floor, 83 Blackfriars Road.

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