Innovative Product Suppliers Ltd

Innovative Product Suppliers Ltd is a small, active company based in Abertillery, Wales, with a real address and a history stretching back nine years. Founded in 2016, it’s a solo founder operation with two directors overseeing a single employee. The company holds £423,819 in assets, a solid base for its business. It operates as a regular exporter of toys, games, and sports equipment—with 27 months of export activity recorded, the latest in January 2025—but is an irregular importer, having imported the same goods for just two months, the last time in September 2022.

The company’s website describes it as operating in the agents involved in the sale of a variety of goods industries. It appears to be a B2B operation, catering to salon and trade accounts, with a focus on tanning products, sunless tanning, and beauty supplies. The site offers a wide range of items, from nail polish and tanning lotions to salon equipment and self-tanning solutions. It's a comprehensive online store, with a focus on trade customers, and it offers a variety of brands and package deals.

Financially, Innovative Product Suppliers Ltd shows a mixed picture. Current assets have increased by 12%, reaching £420,000, a positive sign of growth. However, net losses have deepened, with equity dropping 43% to £150,000. Trade debtors have increased significantly, ballooning by 78% to £97,000, which could indicate delayed payments from customers. Bank borrowings have also increased, reaching £29,000, and cash reserves have fallen 7% to £320,000. The company’s small size—meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees—helps it remain flexible, but the equity decline warrants closer attention. With no auditor mentioned (likely exempt as a small company), the figures rely on unaudited statements.

In short, Innovative Product Suppliers Ltd is growing its sales, but it's also facing challenges in managing its finances. The company’s focus on trade customers and its diverse product range suggest a solid foundation, but it needs to address its increasing debt and declining equity to ensure long-term sustainability.

Registered in Wales under the registration number 10023174, with a registered address at NP13 2RX, Abertillery, Blaenau Gwent, Unit 2 Llanhilleth Ind Est, Llanhilleth.

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