Io Controls Limited

Io Controls Limited is a small, active company based in Milton Keynes, UK, founded twenty-one years ago. Employing twenty-five people and holding assets of £1,062,082, it operates from a real address and is overseen by five directors and two owners. The company regularly imports electrical machinery and equipment, with the last import operation taking place four months ago.

The company’s website highlights its focus on Building Energy Management Systems (BEMS). Io Controls doesn’t appear to be an e-commerce business; instead, it offers support services, project delivery, and consultation to clients throughout the UK. Their services range from maintenance and callout support to control panel installation and energy management consultation. The website emphasizes quality, consistency, and team engagement, suggesting a focus on client satisfaction and building long-term relationships.

Financially, Io Controls Limited presents a mixed picture. While bank borrowings decreased by 36%, cash reserves only increased by 11%. Trade creditors decreased by 29%, which is a good sign, but trade debtors increased by 11%. Accumulated amortisation impairment for intangible assets grew by 33%, and depreciation for property, plant, and equipment increased by 65%. Net assets liabilities decreased by 7.8%, which is a concerning trend. 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, but the decrease in net assets warrants further investigation. There is no auditor mentioned, which is common for small companies.

Registered in England/Wales under the registration number 05117494, with a registered address at MK1 1RH, England, Milton Keynes, Birch House 10 Romar Court, Bletchley.

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