International Products Ltd

International Products Ltd from Sheffield UK: a small, active company founded seven years ago, employs three people, and holds £153,070 in assets. It’s a family business with one director and two owners, operating from a real address. The company regularly imports basic metal tools and utensils – a consistent 36-month import history, with the last operation in June 2023.

The company’s website, salesinternationalprodinc.com, showcases a vast range of industrial components and equipment, from valves and solenoids to bearings and power supplies. It appears to be primarily an online wholesale operation, catering to a broad industrial base. The site lists a multitude of manufacturers, including Ingersoll Rand, Fischer Karl Eugen, and Sew Eurodrive, suggesting a focus on high-quality, specialized parts. While the site has a "Locations" section, it doesn't clearly state if the company has a physical showroom or distribution center beyond its registered address. The website also offers a "Give Us A Call" option with US, MX, JP, and VM phone numbers, hinting at international sales and support.

Financially, International Products Ltd shows some concerning trends. Accumulated depreciation impairment for computer equipment has increased by a substantial 85%, while furniture fittings have seen a massive 440% jump. Motor vehicle depreciation has completely reversed, dropping 100%, and overall property, plant, and equipment has decreased by 76%. Cash bank on hand has halved, falling 59% to £13,000. Creditors have decreased significantly by 53%, and trade debtors have risen 43%, which could be a sign of delayed payments. Equity has increased by a modest 4.2%. The company's small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows it to remain agile, but the drop in cash reserves and increase in trade debtors warrant closer monitoring. With no auditor mentioned, the financial statements are unaudited.

Overall, International Products Ltd appears to be a small, family-run importer navigating a competitive market. While the company’s website suggests a broad customer base and diverse product range, the financial data reveals a need to manage cash flow and potentially address outstanding debts.

Registered in England/Wales under the registration number 11223128, with a registered address at S9 1XT, England, Sheffield, South Yorkshire, Unit 3 Shepcote Enterprise Park 2, 3 Europa Drive.

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