Integrated Processing Technologies Limited

Integrated Processing Technologies Ltd, based in Seaham, UK, is a small, family-run business with an active status. Founded nine years ago in 2015, the company employs four people and holds £282,598 in assets. It has two directors and two owners, and operates from a real address. The business regularly imports machinery, boilers, and mechanical appliances, with five months of import activity recorded.

The company’s core business appears to be providing other business support services, although specific details are scarce. It’s a small operation, meeting two of three conditions to be classified as such: turnover under £10.2 million, balance sheet total under £5.1 million, and fewer than 50 employees. The company’s website doesn’t offer much insight, so it’s difficult to determine if it engages in e-commerce.

Financially, Integrated Processing Technologies Ltd presents a mixed picture. Current assets have decreased slightly, falling by 2.5% to £280,000. However, net assets have increased by 25%, reaching £160,000, and cash reserves have doubled to £50,000. Bank borrowings have decreased, and creditors have also fallen, suggesting improved debt management. Despite these positives, the company’s net losses have increased, and the company’s bank borrowings have decreased. The lack of an auditor mentioned (likely exempt as a small company) means the figures are unaudited.

The company’s increased equity suggests a period of growth, but the rising net losses could be a concern. It’s likely that the company is reinvesting in its operations to drive future growth, but it will need to carefully manage its expenses to ensure long-term financial health.

Registered in England/Wales under the registration number 09716106, with a registered address at SR7 7PS, England, Seaham, 8 East Cliff Road, Dawdon.

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