Ipc Electronics Limited

Ipc Electronics Limited is a small, active company based in Ulverston, UK, established 14 years ago in May 2010. With ten employees and £283,305 in assets, it operates as a family business under the direction of one director and two owners. The company’s registered address is real, with only nine other companies registered at the same location. Ipc Electronics is a regular importer and exporter, specializing in optical and medical tools and devices – 8 months of import activity and 11 months of export activity have been recorded, with the most recent transactions occurring in November and December 2024 respectively. The company operates within the manufacture of electronic components industries.

While the company’s website is currently unavailable, its business activities suggest a focus on supplying components or equipment to the medical and optical sectors. It’s likely that Ipc Electronics operates as a distributor or supplier rather than a direct-to-consumer retailer.

Financially, Ipc Electronics Limited presents a mixed picture. While cash bank on hand increased by 5.5% to £58,000, retained earnings and accumulated losses decreased significantly, dropping 52% to -£27,000. Trade debtors remained relatively stable, but creditors saw a decrease of 7.4%, suggesting improved debt management. Fixed assets, however, experienced a substantial 35% decline. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for flexibility, but the decrease in equity is a cause for concern. No auditor is mentioned, likely due to the company’s exemption as a small entity, so the financial statements are unaudited.

The company’s reliance on importing and exporting suggests a vulnerability to global supply chain disruptions. The decrease in fixed assets could indicate asset sales or depreciation, while the decline in equity may reflect ongoing losses or reduced investment. Overall, Ipc Electronics Limited appears to be navigating a challenging financial landscape, but its established presence in the industry and its focus on specialized tools and devices could provide a foundation for future growth.

Registered in England/Wales under the registration number 07259665, with a registered address at LA12 7AJ, Ulverston, Cumbria, The Tower Daltongate Business Centre, Daltongate.

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