Insuppa Ltd
- In Administration
- Small
- 5 years
- 2 employees
- £301,173 (cur assets)
- 0-1m
- Regular importer
- Virtual address
- 1 director
- 1 owner
- Solo founder
- Taunton
- Rating 5.0 (87)
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
Summary
Insuppa Ltd, based in Bournemouth, UK, is a small, active company founded four years ago. With two employees and £301,173 in assets, it operates from a virtual address – twenty-three other companies share the same location – and is led by a solo founder, Beyaz Ilker, who also serves as director and owner. The company enjoys a stellar 5.0 Google rating from 87 reviews, indicating high customer satisfaction. It regularly imports rubber and rubber products, with the most recent import occurring in February 2025.
The company's website, primarily displaying eBay listings, reveals a diverse range of products, from electronics and cars to fashion and collectibles. It’s clear Insuppa Ltd leverages eBay as its main sales channel, offering a broad selection to capture a wide customer base. While not a dedicated e-commerce site, the listings suggest a focus on reselling and potentially sourcing products for profit.
Financially, Insuppa Ltd presents a mixed picture. Current assets have decreased by 23%, dropping to £300,000, while net assets have increased by 110%, reaching £180,000. Bank borrowings have risen by 44%, reaching £51,000, and trade debtors have decreased by 43%, suggesting improved collection practices. Creditors have increased by 82%, which could indicate increased reliance on supplier credit. The company meets the criteria for a small company, with turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. The lack of an auditor mentioned is typical for companies of this size, meaning the financial information is unaudited.
Overall, Insuppa Ltd appears to be navigating a period of change. While the increase in net assets is encouraging, the rise in borrowings and the reliance on eBay suggest a startup-like business model, potentially burning through money. The company’s strong Google rating and diverse product range indicate a focus on customer service and adaptability, but the long-term financial health remains to be seen.
Registered in England/Wales under the registration number 13322693, with a registered address at TA1 2UH, Taunton, Winchester House, Deane Gate Avenue.
WARNING: The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.
Ports, countries, transport, and price/kg were calculated by CorpSignals; non-official data, may contain errors.
Owners & PSC
-
Individual
- 5 years
- 5
- 75%+
-
Resident of United Kingdom
Managers
-
Individual
- 5 years
- 4
-
Resident of United Kingdom
Last reports
The latest confirmation statement submitted one year ago.
Last news
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Notice of deemed approval of proposalsDownload 3 pages pdf report
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Statement of affairs with form AM02SOADownload 18 pages pdf report
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Statement of administrator's proposalDownload 38 pages pdf report
Importer profile by HS codes
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Import HS codes in detail
Last imported products
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* Warning: Ports, countries, transport, and price/kg were calculated by CorpSignals; non-official data, may contain errors.
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