Installation And Refurbishment Solutions Limited

Installation And Refurbishment Solutions Ltd, based in Croydon, UK, is a small, family business with an active status. Founded 30 years ago in 1995, it employs four people and holds £742,835 in assets. The company operates from a virtual address – registered at an address shared by 82 other companies – and is overseen by three directors and two owners. It has a respectable Google rating of 4.0 based on six reviews. The business is an irregular importer, primarily dealing in furniture, lighting, and prefabricated buildings, with its last import activity recorded 21 months ago in May 2022.

The company’s website, IRS Office Interiors, focuses on commercial office refurbishment and relocation services. It offers a range of services, from design and space planning to complete project management, targeting businesses looking to improve their workspace. The site highlights a personal approach, emphasizing long-term client relationships and a portfolio of projects including office refurbishments for Nash Bond and Clowes Developments. It's clear they're aiming to be a one-stop shop for office space solutions, and they're proud of their repeat business, with around 85% of contracts coming from existing clients or referrals.

Financially, Installation And Refurbishment Solutions Ltd presents a mixed picture. Cash reserves have dramatically increased by 660%, reaching £230,000, which is a positive sign. However, net assets have improved by 160%, reaching £24,000. Bank borrowings have also increased, with overdrafts rising by 8.7% to £72,000. Creditors have significantly increased by 240%, reaching £720,000, suggesting a reliance on credit. The company's small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 75 employees) allows for agility, but the increase in creditors warrants attention. No auditor is mentioned, likely due to the company’s exemption as a small business.

Overall, Installation And Refurbishment Solutions Ltd appears to be navigating a period of growth, but it’s important to monitor the increase in debt and ensure sustainable financial practices. The company’s focus on client relationships and quality service should help it weather any challenges.

Registered in England/Wales under the registration number 03049989, with a registered address at CR0 1AA, England, Croydon, Surrey, Kings Parade, Lower Coombe Street.

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