Inn Gear Limited

Inn Gear Ltd, based in Salisbury, UK, is a large, holding company with an active status, having operated for 39 years. Employing 110 people, the company holds assets worth £2,664,303 and generates yearly revenue of £11,955,761. It's a well-established player, boasting a real address and overseen by three directors and a single owner. The company regularly imports and exports furniture, lighting, and prefabricated buildings – 34 months of import activity and 10 months of export activity have been recorded.

Inn Gear operates as a market-leading supplier to the brewery, restaurant, and hotel industry, offering furniture, artwork, and themed bric-a-brac. Its website highlights a focus on creative project management and skilled craftsmanship, emphasizing reliability, flexibility, and a comprehensive range of services. The company also has a division dedicated to piano restoration, operating from Cambridge and even showcasing its work in Harrods.

Looking at the financial data, Inn Gear’s performance shows some interesting trends. While the company’s assets remain at £2,664,303, a few key figures have shifted. Bank borrowings have decreased by 39%, a positive sign, and cash reserves have also dropped by 8.2% to £460,000. However, net assets have remained steady at £480,000. Creditors have increased by 31%, which could indicate increased reliance on short-term financing. The company’s turnover has increased by 5.6% to £12,000,000. It’s a large company, meeting two of three criteria: turnover over £36 million, balance sheet total over £18 million, and over 250 employees. The lack of an auditor is likely due to its size.

Overall, Inn Gear Ltd appears to be a stable, established business, though the increase in creditors warrants monitoring. The company’s dual focus – furniture supply and piano restoration – suggests a diversified approach to the market, which could provide resilience in the face of economic fluctuations.

Registered in England/Wales under the registration number 01954590, with a registered address at SP5 3HF, England, Salisbury, Unit 7 Whaddon Business Park, Whaddon.

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