International Connections Group Ltd

International Connections Group Ltd from Blackpool UK is a holding company with an active status, established eleven years ago. Despite a real address and six directors, the company faces challenges, with accounts overdue for six months. It employs fifty-six people and holds assets worth £4,725,753, generating a yearly revenue of £11,331,068. The company irregularly imports printed materials like books, newspapers, and pictures (for one month, last operation in March 2022), while regularly exporting nothing (for ten months, last operation in January 2022). Two owners, Adlestone Mark Isaac and Ingleby Raymond, are listed, although this list may not be exhaustive.

The company operates in the advertising agencies industries, leveraging a global network to connect businesses with audiences. Its website showcases a diverse portfolio, including print media and digital media solutions, and highlights partnerships with various brands. A key offering is the Next Gen Digital Guest Guide, an innovative hospitality assistant designed to enhance the guest experience. The website also features a section on operating sectors, including luxury hotels, assisted living facilities, and luxury dealerships.

Financially, International Connections Group Ltd presents a mixed picture. While turnover increased significantly by 61%, reaching £11,331,068, net assets plummeted 73% to just £16,000. Bank borrowings surged by 2,400%, reaching £29,000, and cash reserves fell 30% to £28,000. Creditors decreased by 18%, suggesting better debt management, but the sharp equity drop raises concerns. The company’s small size helps it stay agile, but the financial strain is evident. The accounts were audited by Crossley & Davis Chartered Accountants.

The company’s irregular import activity suggests a fluctuating supply chain, while the lack of exports indicates a focus on domestic or international sales. The surge in bank borrowings and decline in cash reserves may be attributed to investments in growth or operational expenses. The company’s reliance on a small number of directors and owners, combined with the financial pressures, could pose management challenges going forward.

Registered in England/Wales under the registration number 08786791, with a registered address at FY4 2DP, England, Blackpool, Lancashire, 8 Avroe Crescent.

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