Intermail Limited

Intermail Limited, based in Newbury, UK, is a large holding company with an active status, having been incorporated 28 years ago in August 1996. The company employs 20 people and operates from a real address, with three directors and one owner. It holds a respectable Google rating of 4.0 based on 27 reviews. Intermail is a regular exporter, specializing in printed materials like books, newspapers, and pictures, having exported for 23 months, with the last operation occurring in August 2024.

The company's core business appears to be providing fulfilment outsourcing solutions, order management, warehouse picking, and packaging services. It operates within the "other business support service activities n.e.c." industries. A quick search reveals no dedicated website, suggesting a business-to-business model focused on back-end services rather than direct consumer sales.

Financially, Intermail Limited presents a mixed picture. While turnover remains undisclosed, net assets have decreased by 29%, now standing at -£4 million. Cash reserves have fallen dramatically by 89%, leaving just £25,000. Bank borrowings have increased by 27%, reaching £470,000. However, creditors have decreased by 23%, suggesting improved debt management. Despite these challenges, administrative expenses have risen by 13%, and the company’s average number of employees has remained constant at 20. The company is considered large, meeting two of three criteria: turnover exceeding £36 million, a balance sheet total over £18 million, and more than 250 employees. The company’s financial statements have been audited by Ernst & Young LLP.

The significant drop in equity and cash reserves, coupled with rising bank borrowings, indicates Intermail Limited is facing financial pressures. The company’s decision to cease operations, announced in April 2024, further complicates the outlook.

Registered in England/Wales under the registration number 03244323, with a registered address at RG14 5XF, Newbury, Berkshire, Horizon West, Canal View Road.

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