Inventry Limited

Inventry Ltd, based in Leeds, UK, is a sizable company operating as a holding entity with an active status. Established fourteen years ago in 2010, the company employs 106 people and holds assets totaling £6,063,636. It has a real address and is overseen by four directors and a single owner, boasting a respectable Google rating of 4.0 based on 39 reviews. The company regularly imports and exports machinery, boilers, and mechanical appliances, parts, with 18 months of import activity and 15 months of export activity recorded.

The company operates in the business and domestic software development industries. It’s considered a large company, having met two of three criteria: turnover exceeding £36 million and a balance sheet total exceeding £18 million. The company is a holding company, and its status is active.

Financially, Inventry Ltd shows some concerning trends. Accrued liabilities and deferred income increased by 12%, while accumulated amortisation impairment intangible assets saw a significant jump, particularly in development costs, rising by 66%. Depreciation impairment property plant equipment also increased by 37%. However, cash bank on hand decreased by 14%. The company’s administrative expenses grew by 10%, and director remuneration benefits decreased by 42%. Net assets plummeted by 71% to £540,000, a substantial decline. Trade creditors increased by 130%, suggesting a reliance on credit from suppliers.

The company’s workforce has grown by 10%, with an average of 120 employees during the period. Despite these changes, the company remains a significant player in its sector, with a solid reputation and a wide range of services. The lack of an auditor mentioned suggests the company is exempt from an audit, meaning the figures are unaudited.

Registered in England/Wales under the registration number 07412300, with a registered address at LS27 7JN, England, Leeds, West Yorkshire, Visitor House, Gelderd Road, Gildersome.

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