Instacase Ltd

Instacase Ltd from Colchester UK is a small, active company founded 17 years ago. With 3 employees and £32,277 in assets, it operates from a real address and is managed by two directors and two owners. The company is an irregular importer of iron and steel, with just one month of imports recorded as of May 2022.

The company’s website is unavailable, making it difficult to determine the nature of its operations beyond the import activity. It’s likely focused on supplying materials for manufacturing or construction, though details remain scarce.

Financially, Instacase Ltd presents a mixed picture. Current assets have decreased by 28%, dropping to £32,000, while net assets have declined by 9.3%, settling at £-120,000. Bank borrowings have decreased significantly, falling by 39%, and cash reserves have fallen by 30%. Trade debtors have also fallen by 49%, suggesting improved collection of payments. 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 it to remain nimble, but the decrease in equity is a cause for concern. With no auditor mentioned, the figures are unaudited.

The decrease in equity is a worrying trend, potentially indicating losses or increased debt. The company’s reliance on irregular imports suggests a specialized niche, but also exposes it to supply chain vulnerabilities. It’s likely that the company is facing challenges maintaining profitability, despite its small size and active status.

Registered in England/Wales under the registration number 06576776, with a registered address at CO6 2ER, United Kingdom, Colchester, Unit 7, Riverside Business Park, Station Road.

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