Inspire Promotions Ltd
- Small
- Active
- 28 years
- 2 employees
- £4,249 (assets)
- Real address
- 3 directors
- 1 owner
- Regular importer
- Rating 5.0 (5)
Two conditions of three:
1.Turnover < £10.2 million
2.Balance sheet total < £5.1 million
3.Average number of employees < 50
Field of Operation
Website
Phones
Summary
Inspire Promotions Ltd from Middlesex UK: a small company with an active status, was founded 28 years ago. It employs just two people and holds £4,249 in assets. The company has three directors and one owner, and boasts a perfect 5.0 Google rating based on five reviews. It’s a regular importer of toys, games, and sports equipment, with six months of import activity recorded.
The company’s website highlights its focus on providing "FirstClass Solutions" for marketing managers. It specializes in creating custom webstores that go beyond standard e-commerce experiences, designed to streamline marketing interactions. They offer services like gift cards, closing kits, and influencer kits, emphasizing a collaborative approach and a tagline, "Leave it to Us," to showcase their reliability. The website also mentions a 50-year history of serving marketers, a testament to their longevity and expertise.
Financially, Inspire Promotions Ltd’s report presents a mixed picture. Cash bank on hand is just £1, a significant drop from zero previously. Creditors have increased by 34%, and other taxation social security payable has jumped a whopping 680%, suggesting potential cash flow pressures. However, debtors have also increased significantly, by 2500%, which could be a sign of increased sales or extended payment terms. 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 agility, but the decrease in equity, from -£110,000 to -£120,000, is concerning. The report doesn't mention an auditor, which is typical for small companies, so the figures are unaudited.
Overall, Inspire Promotions Ltd seems to be holding its own, but the financial data indicates a company that's burning through money. It's relying on its established reputation and collaborative approach to weather the storm, but careful management will be needed to ensure long-term sustainability.
Registered in England/Wales under the registration number 03259801, with a registered address at HA8 7NT, Middlesex, 47 Dorset Drive, Edgware.
WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.
Owners & PSC
-
Individual
- 8 years
- psc
-
Resident of United Kingdom
Managers
-
Individual
- 24 years
-
Resident of United Kingdom
-
Individual
- 28 years
- 1
-
Resident of United Kingdom
-
Individual
- 28 years
-
Resident of United Kingdom
Last reports
The latest confirmation statement submitted seven months ago.
Last news
-
Confirmation statement made on 2024-12-05 with no updatesDownload 3 pages pdf report
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Total exemption full accounts made up to 2023-12-31Download 8 pages pdf report
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Confirmation statement made on 2023-12-05 with no updatesDownload 3 pages pdf report
Importer profile by HS codes
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Last imported products
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