Integraiq Limited

Integraiq Ltd from Hatfield, UK, is a small holding company with an active status, established seven years ago in 2018. Employing 25 people, the company holds assets totaling £3,479,999. It operates from a real address, is overseen by two directors and one owner, and boasts a stellar Google rating of 5.0 based on two reviews. Integraiq is an irregular importer, primarily dealing in furniture, lighting, and prefabricated buildings, with just one month of import activity recorded as of September 2023.

The company’s website highlights its expertise in mechanical and electrical installations, serving a range of clients including Uniqlo, Metro Building, and Impax Asset Management. It offers services from initial design to completed site works, emphasizing adaptability and high-quality projects. The website’s testimonials praise Integraiq's knowledge, diligence, and ability to deliver projects on time and within budget. It appears to be a B2B service provider, rather than an e-commerce business.

Financially, Integraiq Ltd presents a mixed picture. While cash reserves increased by 39% to £1.6 million, current assets also grew by 38% to £3.5 million. However, net assets saw a significant jump of 50% to £1.9 million, and trade debtors increased substantially by 110% to £630,000. Creditors also rose considerably by 230% to £720,000, suggesting increased reliance on short-term financing. Depreciation charges on plant machinery have decreased, which could be a positive sign, but the increase in bank borrowings by 2,400% to £29,000 is a concern. 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 flexibility, but the increase in debt warrants attention. No auditor is mentioned, likely due to the company’s exemption as a small entity. The company’s financial statements are unaudited.

Registered in England/Wales under the registration number 11289203, with a registered address at AL10 8RS, England, Hatfield, Hertfordshire, 3 The Beacons.

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