Instco Limited

Instco Limited, based in Kingston Upon Hull, UK, is a small, active family business established 21 years ago. With 14 employees and £569,678 in assets, the company operates from a real address and is overseen by four directors and two owners. Instco is an irregular importer, primarily dealing in optical and medical tools and devices, with its last import activity recorded 20 months ago in May 2022.

The company's primary focus is the repair and calibration of test measurement equipment, offering sales, hire, and repair services. It operates from Faraday Works, Crowle Street, and its website highlights a comprehensive range of services, including calibration, sales, and on-site support. It even has a customer portal. The company’s history dates back to 1968, with Instruments Controls Hull establishing itself as a leading supplier to industry.

Financially, Instco Limited shows a mixed picture. While cash bank holdings increased by 10% to £420,000, current assets rose by a modest 8% to £570,000. However, net assets only grew by 2.6% to £400,000. Trade debtors saw a healthy increase of 13% to £110,000, suggesting improved collections, but other creditors rose significantly by 41% to £95,000. A notable decrease in property, plant, and equipment – down 79% to just £200 – could indicate asset sales or depreciation. The company meets the criteria for a small business, with turnover under £10.2m, assets under £5.1m, and fewer than 25 employees. No auditor is mentioned, consistent with its status as a small, exempt company.

Overall, Instco Limited appears to be stable, but the increase in creditors warrants attention. Its long-standing reputation and diverse service offerings suggest a resilient business model, even as it navigates the challenges of a competitive market.

Registered in England/Wales under the registration number 05055371, with a registered address at HU9 1RH, Kingston Upon Hull, East Yorkshire, Faraday Works, Crowle Street.

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