Interco Services Ltd

Interco Services Ltd is a small, active company based in Hitchin, UK, founded six years ago in 2018. Employing twelve people and holding £577,298 in assets, it operates from a real address and is managed by one director and owner, Nincak Michal. The company specializes in sourcing eco-friendly and plastic-free household products and building materials for small to medium-sized businesses and supermarkets, acting as a global sourcing agent. Its website highlights a focus on sustainability, offering alternatives to traditional plastic goods.

Interco Services Ltd's core business revolves around wholesale and retail via mail order and internet, catering to a growing demand for environmentally conscious products. The website details the benefits of these alternatives, spanning health, environmental, and economic aspects. It also showcases a unique offering: sourcing building materials like hempcrete, a sustainable construction material. Testimonials from satisfied clients add credibility, and the site provides contact information and links to social media platforms.

Financially, Interco Services Ltd presents a mixed picture. While cash reserves have impressively tripled to £220,000, creditors have decreased by 36%, and net assets have increased by 68% to £1.5 million, there are some concerns. Accumulated depreciation on property, plant, and equipment has increased by 72%, and accumulated amortisation on intangible assets has grown by 85%, suggesting increased wear and tear or a need for asset replacement. Trade debtors have also increased by 10%, which could indicate slower customer payments. The company’s small size (meeting two of three criteria for a small company) allows for flexibility, but the rise in depreciation and debtors warrants closer monitoring. No auditor is mentioned, which is typical for companies of this size. The company's retained earnings have increased significantly, which is a good sign.

Registered in England/Wales under the registration number 11595623, with a registered address at SG4 0AP, England, Hitchin, Hertfordshire, Alexander House, 40a Wilbury Way.

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