Innotronix Ltd

Innotronix Ltd from Ashford, UK, is a small, active company founded six years ago. It holds £75,011 in assets and operates from a real address, managed by two directors and one owner. The company specializes in retail sales via mail order and internet, focusing on electrical products and accessories.

The company’s website, Electricalmerchant.co.uk, showcases a wide range of bulbs, switches, and related accessories, catering to both domestic and commercial customers. It offers a comprehensive selection, from LED bulbs and filament bulbs to switches, sockets, and lighting fixtures. The site emphasizes affordability, prompt delivery, and secure payment options, suggesting a focus on online retail and customer convenience. It’s a pretty standard e-commerce setup, offering a wide range of products and aiming for a broad customer base.

Financially, Innotronix Ltd presents a mixed picture. While current assets increased slightly to £75,000, cash reserves have fallen dramatically to just £410, a significant drop. Bank borrowings have also decreased, though, and creditors are up. The company’s small size (meeting two of three criteria for a small company) allows for flexibility, but the sharp decline in cash reserves is concerning. The increase in trade debtors is also something to keep an eye on. There’s no auditor mentioned, which is common for small companies. It’s a little concerning that the company has so few funds, though.

Overall, Innotronix Ltd appears to be a small business navigating the challenges of online retail. It’s doing okay, but it needs to keep a close eye on its cash flow and manage its debts carefully.

Registered in England/Wales under the registration number 11844319, with a registered address at TN24 8DH, England, Ashford, Unit18 Heron Business Centre, Henwood Industrial Estate.

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