I P I G Limited

Ipig Ltd from Glasgow UK: small company, active status, founded 18 years ago, 7 employees, £605,620 assets, virtual address, 1 director, 1 owner. Regular importer of glass and glassware (10 months imported). It's a small company as it met two conditions of three: turnover less than £10.2 million, balance sheet less than £5.1 million, employees less than 50. The last reported current assets is £605,620. It’s a regular importer, with its top import category being Glass and Glassware, totaling 10 months of imports. The last import operation was conducted on January 01, 2025.

Ipig Ltd operates as a specialist in structural and architectural glass, showcasing its work through an impressive online portfolio. The website highlights projects ranging from rooflights for carriage halls to bespoke panels for museums and art galleries—a diverse range of applications demonstrating the company’s versatility. It seems like they are focused on commercial projects, with a large number of projects listed under “Commercial” and a few under “Culture” and “Living.” There's no obvious e-commerce presence; instead, the site serves as a showcase for their capabilities and encourages potential clients to get in touch. They're clearly aiming to position themselves as high-end specialists, rather than a general supplier.

Financially, Ipig Ltd presents a mixed picture. While cash reserves increased significantly by 230% to £160,000, net assets only grew modestly by 6.1% to £400,000. Bank borrowings jumped considerably, reaching £10,000—a potential sign of increased investment or working capital needs. Trade debtors decreased by 31%, which could indicate improved collection practices or a shift in payment terms. The company’s small size helps it remain flexible, but the increase in borrowings warrants closer attention. No auditor is mentioned, which is common for small companies.

Overall, Ipig Ltd appears to be a stable, albeit small, business. The company's focus on high-end projects and its impressive portfolio suggest a strong reputation within its niche. However, the increase in borrowings and the reliance on a virtual address—with seventeen companies registered at the same address—are points to keep an eye on. It’s a good business, but it needs to keep an eye on its finances.

Registered in Scotland under the registration number SC318134, with a registered address at G1 3DX, Scotland, Glasgow, Centrum House, 38 Queen Street.

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