Intelligent Building System Ltd.
- Small
- Active
- 19 years
- 2 employees
- £463,189 (assets)
- Virtual address
- 3 directors
- 3 owners
- Irregular importer
- Family business
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
Intelligent Building System Ltd is a small, active company founded 19 years ago in 2005. Based in Glasgow, it employs just two people and holds £463,189 in assets. The company operates from a virtual address – registered at a location shared by 42 other businesses – and is run by three directors and three owners, making it a family business. It’s an irregular importer, primarily dealing in plastics and plastic products, with just one month of import activity recorded as of April 2023.
The company’s website is minimal, offering little insight into its operations beyond its registration details. It appears to be involved in other business support services, but lacks a clear e-commerce presence or detailed product offerings.
Financially, Intelligent Building System Ltd presents a mixed picture. Current assets have decreased by 24% to £460,000, while net assets have fallen by 6.6% to £52,000. Bank borrowings have decreased by 41%, to £77,000, and cash reserves have fallen by 23% to £260,000. Creditors have decreased by 8.7%, suggesting improved debt management. 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 decrease in equity raises questions. With no auditor mentioned, the figures are based on unaudited statements.
The company's trade debtors have increased by 16%, which could indicate growth in sales, but also potential issues with collecting payments. The company's depreciation rate used for property plant equipment is zero, which is unusual and could be a data entry error. Overall, Intelligent Building System Ltd seems to be navigating a period of change, with both challenges and opportunities ahead.
Registered in Scotland under the registration number SC287365, with a registered address at G2 2PQ, 216 West George Street, Glasgow.
WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.
Owners & PSC
-
Individual
- 9 years
- 1
- 25%+
-
Resident of United Kingdom
-
Individual
- 9 years
- 25%+
-
Resident of United Kingdom
-
Individual
- 9 years
- 3
- 25%+
-
Resident of United Kingdom
Managers
-
Individual
- 12 years
- 2
-
Resident of United Kingdom
-
Individual
- 17 years
- 1
-
Resident of United Kingdom
-
Individual
- 19 years
- 1
-
Resident of United Kingdom
Last reports
The latest confirmation statement submitted eleven months ago.
Last news
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Total exemption full accounts made up to 2024-07-31Download 10 pages pdf report
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Total exemption full accounts made up to 2023-07-31Download 10 pages pdf report
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Confirmation statement made on 2024-07-11 with no updatesDownload 3 pages pdf report
Importer profile by HS codes
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Last imported products
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