Instant Space (uk) Limited

Instant Space (uk) Limited, based in Rugeley, UK, is a small, active company established 21 years ago. With four employees and £1,023,857 in assets, it operates from a real address and is overseen by three directors and two owners. A 5.0-star Google rating from seven reviews highlights its positive customer experience. The company regularly imports various textile products, sets, used clothing, and rags, with the latest import occurring in December 2024.

The company's website, though not detailed, indicates a focus on portable building manufacturing. It's a private limited company, and its core business revolves around the construction of commercial buildings. The company’s LinkedIn page shows a focus on modular building solutions and site welfare units, suggesting a B2B model targeting construction and industrial clients. While no e-commerce functionality is apparent, the site serves as a brochure showcasing its product range and capabilities.

Financially, Instant Space (uk) Limited presents a mixed picture. While net assets increased by 24% to £830,000, current assets declined by 15% to £1,000,000. Bank borrowings decreased by 41%, reaching £42,000, and cash reserves grew by 8% to £210,000. Creditors also fell by 41%, suggesting improved debt management. Trade debtors, however, saw a significant drop of 65%, falling to £230,000 – a concerning trend that could indicate payment difficulties with customers. 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 debtors warrants closer attention. The accounts are unaudited, and no auditor is mentioned, which is typical for small companies.

The company's financial data shows a trend of increasing depreciation charges, particularly for plant machinery. This could be due to aging equipment or increased usage, but it also suggests a need for potential capital expenditure in the future. The company's policy of accounting for foreign currency transactions and its approach to taxation are outlined in the financial statements, providing further insight into its operational practices. Overall, Instant Space (uk) Limited appears to be navigating a period of change, with both positive and negative financial indicators to monitor.

Registered in England/Wales under the registration number 05014803, with a registered address at WS15 1UZ, England, Rugeley, Venture Point Wheelhouse Road, Brereton.

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