Inox London Limited

Inox London Ltd from Manchester UK: a small, active company founded 18 years ago, employs five people, and holds £18,301,109 in assets. It has a real address, is managed by one director and owner, and enjoys a perfect 5.0 Google rating from two reviews. The company regularly imports clothing and accessories made by knitting or crocheting, with 385 months of import activity recorded.

The company operates in the wholesale of clothing and footwear industries, and its website highlights a focus on premium clothing, fast fashion supply, and reliable service. It also proudly states Sedex approval and showcases a factory in Faisalabad, Pakistan. The website features sections on its factory, product range, compliance, social responsibility, history, services, and customer testimonials, all geared towards building trust and showcasing its capabilities. It seems to be primarily a B2B operation, supplying retailers rather than selling directly to consumers.

Financially, Inox London Ltd presents a mixed picture. While current assets increased by 20% to £18 million, creditors have significantly changed. Creditors after one year jumped to £5.5 million, while those within one year decreased to £4.6 million. This suggests a shift in payment terms or potentially increased borrowing. Cash bank on hand increased by 35% to £2.7 million, and debtors rose by 18% to £15 million. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for flexibility, but the fluctuating creditors figures warrant closer attention. The accounts are abridged and unaudited, and there is no mention of an auditor.

Overall, Inox London Ltd appears to be a stable, albeit somewhat leveraged, operation. The company’s focus on wholesale and its Sedex approval suggest a commitment to quality and ethical sourcing. However, the changing creditor figures should be monitored to ensure the company maintains a healthy cash flow.

Registered in England/Wales under the registration number 05982023, with a registered address at M8 8NN, Manchester, Lancs, Unit 1b Broughton Street, Cheetham Hill.

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