Ipm Fittings Ltd

IPM Fittings Ltd, based in Exeter, UK, is a small, active company founded fifteen years ago in 2009. With four employees and £165,837 in assets, it operates from a real address and is led by a single director and owner, Mackenzie Denise Christine. The company is a solo founder. It’s classified as a small company, meeting two of three conditions: turnover under £10.2 million, balance sheet total under £5.1 million, and fewer than 50 employees.

IPM Fittings specializes in the manufacture of tubes, pipes, hollow profiles, and related fittings, particularly for steel industries. Its website showcases a wide range of products, including key clamps, handrail systems, and tubular fittings, catering to both commercial and industrial clients. The company offers nationwide and international delivery, no minimum order quantities, and account facilities, indicating a focus on B2B sales. It also has an ecommerce site, Key Clamps Online, which suggests a direct-to-consumer channel.

The company imports iron or steel products irregularly, with one month of import activity recorded in September 2023, and exports miscellaneous metal items, also irregularly, with one month of export activity in May 2023.

Financially, IPM Fittings Ltd shows a mixed picture. While finished goods increased by 52% to £87,000, net assets declined by 260% to £21,000. Bank borrowings remained stable, and cash reserves increased slightly to £55,000. Trade debtors decreased by 19%, suggesting improved collection efforts, but creditors increased by 85%, which could indicate increased supplier costs. The company's small size exempts it from an audit, so the financial data is unaudited.

The company’s financial performance seems to be a little bit unstable, but the business is still running.

Registered in England/Wales under the registration number 07067647, with a registered address at EX2 8DD, England, Exeter, Unit 7 City Industrial Estate, Michael Browning Way.

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