Ionesi Group Ltd

Ionesi Group Ltd from Harrow UK: a small company with an active status, was founded seven years ago. Confirmation is overdue by four months, and it employs just one person, holding £39,755 in assets. It operates from a virtual address and is led by a single director and owner. The company irregularly imports basic metal tools and utensils, with just one month of imports recorded.

The company's website paints a picture of a trusted local building contractor. Ionesi Group offers a wide range of services, from bathroom fitting and driveway construction to loft conversions and property renovation. It targets homeowners and businesses in the Harrow and surrounding areas, emphasizing quality craftsmanship and customer satisfaction. The site showcases numerous projects and provides contact information for inquiries. It's clear they're focused on residential construction and renovation.

Financially, Ionesi Group Ltd’s recent report reveals a concerning trend. Cash bank on hand has dropped dramatically by 95%, down to just £240. Bank borrowings have also increased, by 30%, reaching £9,400. Equity has taken a major hit, falling by 550% to -£68,000. Creditors have surged by a whopping 140%, reaching £110,000. While debtors have increased significantly, by 240%, it’s unclear if this is a positive sign or indicates difficulty collecting payments. The company's small size—meeting two of three conditions to be considered small—allows for flexibility, but the substantial decline in equity and cash reserves suggests it’s burning through money. The lack of an auditor, due to its small size, means these figures are unaudited. It’s possible the company is investing heavily in growth, but the trend is worrying. The company's financial situation is a little bit tricky, but they seem to be trying to keep going.

Registered in England/Wales under the registration number 11235892, with a registered address at HA3 0EY, England, Harrow, 181a Kenton Road.

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