Instant Gifts International Limited
- Small
- Active
- 38 years
- 9 employees
- £872,417 (assets)
- Virtual address
- 3 directors
- 1 owner
- Regular importer
- Regular exporter
- E-commerce
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
Social media
Summary
Instant Gifts International Ltd, based in Ashford, UK, is a small, active company established 38 years ago. With nine employees and £872,417 in assets, it operates from a virtual address—a point to note as 198 companies are registered at the same location. The company is led by three directors and has one owner, Phillips David Maurice. It runs an e-commerce site and regularly exports jewelry, precious stones, and metals (17 months), but has not imported anything for 28 months.
The company’s website showcases a vast range of products, from personalised height charts and children’s bangles to Betty Boop merchandise and light-up letters. It caters to both retail and wholesale customers, with a dedicated section for pet products and a focus on gifting. The site's layout suggests a long-standing business with a diverse inventory, and a clear emphasis on novelty and personalised items.
Financially, Instant Gifts International Ltd’s recent performance shows some concerning trends. While bank borrowings decreased by 28%, cash reserves fell by 64% to -£31,000. Net assets also took a hit, dropping 66% to £61,000. Trade creditors increased by 11%, suggesting a reliance on short-term financing. Despite these challenges, trade debtors rose by 53%, which could indicate an expansion of credit terms or delayed customer payments. The company's small size—meeting two of three conditions for a small company—helps maintain agility, but the decline in equity warrants attention. No auditor is mentioned, likely due to the company’s exemption as a small entity.
Overall, Instant Gifts International Ltd appears to be navigating a period of financial pressure. The company's diverse product range and established e-commerce presence offer potential for growth, but addressing the declining equity and managing cash flow will be crucial for its long-term sustainability.
Registered in England/Wales under the registration number 02117264, with a registered address at TN24 8DH, Ashford, Kent, Henwood House, Henwood.
WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.
Owners & PSC
-
Individual
- Phillips David Maurice
- 9 years
- 75%+
-
Resident of United Kingdom
Managers
-
Individual
- Phillips David Maurice
- N/A
-
Resident of United Kingdom
-
Individual
- Phillips Paul Dominic
- 3 years
-
Resident of United Kingdom
-
Individual
- Phillips Paul Dominic
- 4 years
-
Resident of United Kingdom
Last reports
The latest confirmation statement submitted eight months ago.
Last news
-
Total exemption full accounts made up to 2024-01-31Download 10 pages pdf report
-
Confirmation statement made on 2024-08-31 with updatesDownload 5 pages pdf report
-
Compulsory strike-off action has been discontinuedDownload 1 page pdf report
Importer profile by HS codes
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Last imported products
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Exporter profile by HS codes
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Last exported products
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Similar exporters
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