Inketch Ltd

Inketch Ltd from Upminster UK: a small, active company established four years ago, employs eight people, and holds £21,560 in assets. It operates from a real address and is managed by two directors and two owners, running an e-commerce site with a stellar 5.0 Google rating from 31 reviews.

The company specializes in wedding signs and stationery, cake decorations, and event decor, catering to both individual customers and corporate clients. Its website showcases a wide range of personalized products, from bespoke wedding signs and menus to acrylic cake toppers and branded event signage. The site also features a section dedicated to personalized gifts, including mugs, house signs, and corporate branding solutions. Inketch Ltd clearly aims to be a one-stop shop for all things celebratory and branded.

Financially, Inketch Ltd's recent reports paint a mixed picture. Current assets have dropped significantly by 64%, falling to £22,000, while net assets have plummeted a staggering 100%, leaving just £100. Bank borrowings have increased by 20%, reaching £25,000, and cash reserves have fallen sharply, a decrease of 97%, leaving only £1,100. Creditors have also decreased by 55%, a positive sign, but the dramatic drop in equity is concerning. The company meets the criteria to be considered small, with turnover under £10.2m, assets under £5.1m, and fewer than 50 employees. There is no auditor mentioned, likely due to its small size.

While the e-commerce site appears to be thriving with positive customer reviews, the financial data suggests the company is burning through cash. The decrease in assets and the reliance on borrowing indicate potential financial strain. It's possible this is a consequence of recent investments in inventory or marketing, or it could signal a longer-term challenge. The company's small size and agility, however, could allow it to adapt and overcome these hurdles.

Registered in England/Wales under the registration number 13316934, with a registered address at RM14 3TH, England, Upminster, The Croft Church Road, Bulphan.

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