Intelligent Fixings Limited

Intelligent Fixings Ltd from London UK: a small, active company founded 24 years ago, operates from a real address and is managed by four directors and two owners. It’s a family business that regularly imports and exports basic metal tools and utensils – 7 months of imports and 29 months of exports recorded. The company, with an average of zero employees, is considered small as it meets two of three conditions: turnover under £10.2 million, balance sheet total under £5.1 million.

The company's primary focus is on innovative connection systems for the furniture industry, particularly the "PEANUT" component. Its website highlights the PEANUT system as a toolless, invisible, and sustainable solution for frameless panel connections. The site promotes the system through online shop, events, and distributor information, and even won the Interzum 2023 Best of the Best Award for its new PEANUT Core component. The company also partners with machinery manufacturers in Germany and Italy to offer automatic insertion machines for the PEANUT components.

Financially, Intelligent Fixings Ltd presents a mixed picture. While investments fixed assets remain steady, cash bank on hand has declined significantly by 51%, dropping to £13,000. Creditors have increased by 40%, reaching £430,000, and trade debtors have surged by 410%, now at £230,000. Net assets have dramatically improved, rising by 820% to £19,000—a notable turnaround. The company’s small size allows for agility, but the increase in debtors suggests a potential challenge in collecting payments. The lack of an auditor (likely exempt due to its size) means the figures are unaudited.

The company’s focus on innovation and awards suggests a strong product, but the financial data indicates a need to carefully manage cash flow and collections.

Registered in England/Wales under the registration number 04027333, with a registered address at EC1A 9ET, England, London, 78-79 Long Lane.

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