Intrepid Minds Ltd

Intrepid Minds Ltd, based in Nuneaton, UK, is a small, active company established fourteen years ago in 2010. Employing twenty people and holding £205,500 in assets, it operates from a real address and is managed by one director and owner. The company is an irregular importer, primarily dealing in machinery, boilers, and mechanical appliances—parts, with just one month of import activity recorded as of January 2023.

The company’s website is currently unavailable, so it's difficult to assess their online presence or e-commerce activities. However, the company operates in the research and experimental development on biotechnology industries.

Financially, Intrepid Minds Ltd presents a mixed picture. While the company's small size (meeting two of three conditions for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for agility, several key figures have shifted considerably. Cash reserves have plummeted by 96%, dropping to a mere £1,900, while bank borrowings have increased. Creditors have also decreased significantly, suggesting a reduction in outstanding debts. The company's equity has seen a dramatic turnaround, increasing from a loss to a positive balance of £57,000. Interestingly, the number of employees has also decreased by 10%, down to eighteen. The lack of an auditor mentioned (likely exempt as a small company) means the figures are unaudited.

Overall, Intrepid Minds Ltd appears to be navigating a period of change. The decline in cash reserves and the increase in borrowings suggest potential financial pressures, but the positive equity turnaround and reduced creditors offer a glimmer of hope.

Registered in England/Wales under the registration number 07436582, with a registered address at CV10 0TW, Nuneaton, Warwickshire, 3 The Mews, Caldecote Hall Drive Caldecote.

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