Ipa Procurement Ltd

Ipa Procurement Ltd is a small, active company based in London, UK, established two years ago in January 2023. It employs three people and holds £91,527 in assets. The company operates from a virtual address shared by many other businesses—a bit odd, really—and is run by two directors and three owners. It’s a regular importer of electrical machinery and equipment, having imported for three months, with the last operation occurring in June 2023.

The company’s website positions Ipa Procurement as a specialist in business and asset procurement, offering a platform for trading opportunities between global buyers and sellers. It focuses on “procurement outsourcing,” a process where a third party handles large-scale purchasing for businesses. The website highlights partnerships with high-profile industries and emphasizes its ability to source commodities from around the world, providing both acquisition and purchasing services, along with supporting logistics. Services include consulting, logistics (full charters, on-board couriers, warehouse solutions), and catering to industries like aerospace, defence, automotive, and government. It's a bit confusing, really, but they seem to be offering a lot.

Financially, Ipa Procurement Ltd’s numbers are a little mixed. Cash bank on hand remains steady at £91,000, but creditors increased slightly to £44,000. Net assets are stable at £55,000, and the company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) helps it stay nimble. There's no auditor mentioned, likely due to the small company status, so the figures are unaudited. The company’s accounts are described as “Filleted Accounts,” which is a standard format for small companies.

Overall, Ipa Procurement Ltd seems to be operating steadily, but the virtual address and lack of detailed financial information raise a few questions. It’s a small player in a complex market, and its success will likely depend on its ability to build strong relationships and deliver value to its clients.

Registered in England/Wales under the registration number 14611815, with a registered address at N1 7GU, England, London, 20-22 Wenlock Road.

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