Intelligent Recording Limited

Intelligent Recording Limited, based in Mansfield, UK, is a small, active company established seventeen years ago. With five employees and £43,221 in assets, it’s a modest operation managed by three directors and a single owner. The company has a real address and operates as a regular importer of electrical machinery and equipment, with nineteen months of import activity recorded, the latest in November 1. It hasn's exported anything for three months.

The company's website is non-existent, so it's difficult to determine its exact operations beyond what's publicly available. However, the company description suggests it's involved in the manufacture of electronic components, telegraph and telephone apparatus, and consumer electronics.

Financially, Intelligent Recording Limited’s recent performance presents a mixed picture. Current assets have decreased by 22%, dropping to £43,000, while bank borrowings have decreased by 37%, settling at £14,000. Creditors have decreased by 4.1%, but net assets have decreased by 3.5%, settling at -£430,000. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 30 employees) helps it stay nimble, but the decrease in equity raises concerns. There is no auditor mentioned, so the figures are unaudited.

The company's financial data also reveals some interesting trends. Accrued liabilities have increased by 20%, while other creditors have increased by a staggering 160%. Trade debtors have decreased by 40%, and cash bank on hand has increased by 12%. The company’s property, plant, and equipment has decreased significantly, suggesting potential asset sales or depreciation.

Registered in England/Wales under the registration number 06501083, with a registered address at NG20 8RX, England, Mansfield, Unit 34, The Tangent Business Hub Weighbridge Road, Shirebrook.

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