International Abrasives Ltd
- Small
- Active
- 12 years
- 7 employees
- £1,210,006 (assets)
- Real address
- 2 directors
- 2 owners
- Regular importer
- Irregular exporter
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
International Abrasives Ltd, based in Leicester, UK, is a small, active company founded twelve years ago in 2012. With seven employees and £1,210,006 in assets, it operates from a real address and is managed by two directors and owners. The company regularly imports stone, plaster, cement, and similar materials – a consistent activity spanning 170 months, with the latest import in February 2025. Exports, however, are infrequent, with just one month of activity recorded back in January 2022.
The company’s website is currently unavailable, making it difficult to ascertain the specifics of its operations beyond the import/export data. However, the company is listed as operating in the "other retail sale not in stores, stalls or markets" industries.
Financially, International Abrasives Ltd presents a mixed picture. While cash reserves fell by a significant 61% to £37,000, trade debtors increased by a notable 1.0% to £670,000. Bank borrowings decreased by 51% to £16,000, and creditors also fell by 51% to £16,000. Property, plant, and equipment saw a sharp decline, with total assets dropping by 31% to £21,000. Net assets, however, increased by 4.7% to £590,000. The company meets the criteria for a small business, with turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. There is no auditor mentioned, which is common for small companies.
Overall, International Abrasives Ltd appears to be navigating a period of change. The decrease in cash reserves and the decline in property and equipment values suggest potential pressures, but the decrease in liabilities and the increase in net assets indicate a degree of financial resilience. It's likely that the company is adapting to market conditions, perhaps focusing on streamlining operations and managing costs effectively.
Registered in England/Wales under the registration number 08205003, with a registered address at LE9 6TJ, England, Leicester, Unit 18 Box Road, Broughton Astley.
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
- 25%+
-
Resident of United Kingdom
-
Individual
- 9 years
- 25%+
-
Resident of United Kingdom
Managers
-
Individual
- 12 years
-
Resident of United Kingdom
-
Individual
- 12 years
-
Resident of United Kingdom
Last reports
The latest confirmation statement submitted nine months ago.
Last news
-
Total exemption full accounts made up to 2024-09-30Download 5 pages pdf report
-
Confirmation statement made on 2024-09-05 with no updatesDownload 3 pages pdf report
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Total exemption full accounts made up to 2023-09-30Download 5 pages pdf report
Importer profile by HS codes
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Last imported products
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Exporter profile by HS codes
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Last exported products
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Similar exporters
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FAQ about International Abrasives Ltd
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