Insolum Projects Ltd

Insolum Projects Ltd from Orpington UK: a small, active company founded 14 years ago, employs four people, and holds £749,255 in assets. It has a real address, is overseen by one director and owner, and regularly imports wood and wood products – four months of import activity were recorded, with the most recent in July 2024. The company operates in the development of building projects industries.

The business’s website is not available for review, so it’s difficult to determine if it operates an e-commerce platform or primarily works on a project-by-project basis. There's no indication of online sales or a customer-facing storefront.

Financially, Insolum Projects Ltd presents a mixed picture. Cash bank on hand has seen a significant increase of 93%, jumping to £430,000, which is a positive sign. However, creditors have risen dramatically by 320%, reaching £540,000, suggesting increased reliance on credit. Trade debtors have also increased substantially, rising by 370% to £320,000, which could indicate difficulties in collecting payments. On the plus side, net assets have increased by 73% to £290,000, and current assets are up 160% to £750,000. The company’s small size—meeting two of three conditions for being considered small—helps maintain agility. There’s no mention of an auditor, likely due to the company’s small status.

The substantial increase in creditors, alongside the rise in trade debtors, does raise some concerns. It’s possible that the company is investing heavily in new projects or expanding its operations, which could explain the increased borrowing. However, it’s also possible that cash flow management is a challenge. The significant increase in bank borrowings is also something to keep an eye on.

Registered in England/Wales under the registration number 07464044, with a registered address at BR5 4DS, Orpington, Kent, 58 Chelsfield Road.

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