Integrated Graphene Limited

Integrated Graphene Ltd, based in Stirling, UK, is a small holding company with an active status. Founded eight years ago in December 2016, it employs 40 people and holds £671,156 in assets. The company has a real address and is overseen by three directors and one owner. It regularly imports optical and medical tools and devices (9 months), but exports irregularly (1 month).

The company’s website, igii.uk, redirects visitors to a new site, suggesting a rebranding or shift in focus. The old site mentions Integrated Graphene 3D, indicating a previous venture into graphene-based 3D printing. The new site, igii, doesn's give much information.

Financially, Integrated Graphene Ltd’s recent performance paints a complex picture. Accumulated amortisation impairment of intangible assets has increased significantly, jumping 200% to £1.9 million, largely due to development costs. Depreciation of property, plant, and equipment has also increased by 98%, reaching £510,000. Additions to plant and machinery have increased by 30%, reaching £130,000. However, cash bank on hand has decreased by 37% to £50,000, and current assets have fallen 20% to £670,000. Creditors have decreased by 58%, but amounts owed to group undertakings have increased by 52%. The company’s net assets have also decreased by 110%, reaching -£3.5 million.

The company's small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) means it’s likely exempt from an audit. The increase in development costs, combined with the decrease in cash reserves, suggests the company is investing heavily in research and development, possibly burning through cash. The increase in amounts owed to group undertakings could indicate reliance on funding from its parent company, Integrated Graphene Holding Limited. The shift to a new website, igii, could be a strategic move to rebrand and attract new investment, or it could be a sign of a company in transition.

Registered in Scotland under the registration number SC553315, with a registered address at FK8 2DJ, Scotland, Stirling, Euro House, Wellgreen Place.

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