Intared Limited

Intared Ltd from Manchester UK: a small, active company founded 14 years ago, holds £29,418 in assets, and operates from a virtual address shared by thirteen other companies. It’s a limited company with three directors and one owner, Allen Mark Christopher, and is classified as an irregular importer of electrical machinery and equipment, with just one month of imports recorded back in 2017.

The company’s website is minimal, offering no clear indication of e-commerce activity. It appears to focus on providing business support services, although specifics are vague. The site doesn't offer any products for sale, suggesting a service-based model rather than a retail operation.

Financially, Intared Ltd presents a mixed picture. While current assets increased by 51% to £29,000, equity plummeted 120% to just £580. Bank borrowings decreased slightly, and cash reserves saw a remarkable 1500% increase to £15,000 – a positive sign. Creditors, however, jumped 100%, and trade debtors fell by 23%. The company’s small size—meeting two of three conditions for being classified as small—helps it remain agile, but the significant drop in equity is a concern. The lack of an auditor is typical for a company of this size, and the figures are unaudited.

The sharp decline in equity could be due to several factors, such as increased investment in the business, or perhaps a period of reduced profitability. The increase in creditors suggests the company may be relying on short-term financing to manage its operations. It's possible the company is experiencing some turbulence, but its increased cash reserves offer a degree of financial breathing room.

Registered in England/Wales under the registration number 07354737, with a registered address at M22 4DB, Manchester, Parkway House, Palatine Road.

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