I.p.s Aloha (scotland) Limited

Ips Aloha Scotland Ltd, based in Dunfermline, UK, is a small holding company with an active status, established fifteen years ago in May 2010. The company, managed by one director and owner, currently employs two people and holds £38,723 in assets. While it maintains a registered address, it's likely a virtual one, as sixty-seven companies share the same location. The firm has a respectable Google rating of 4.0 based on 145 reviews. However, it's facing some financial and regulatory challenges, with accounts overdue for two years and confirmation overdue by two months. It’s an irregular importer, primarily dealing in electrical machinery and equipment, with its last import operation occurring one month ago.

The company operates in the repair of other equipment industries, and its website, though not provided, likely reflects this focus. It's a small company, meeting two of three criteria for classification: turnover less than £10.2 million, balance sheet total less than £5.1 million, and fewer than 50 employees.

Financially, Ips Aloha Scotland Ltd presents a mixed picture. Current assets have decreased significantly by 38% to £39,000, while net assets have plummeted 340% to -£34,000. Bank borrowings are also down, and cash reserves have increased by 42% to £12,000. Creditors have decreased by 3.9%, and trade debtors have fallen by 52%. Although the company’s equity is negative, it’s likely a result of startup costs and investments. The company is not audited, which is common for small entities.

The substantial decrease in equity, coupled with the overdue accounts and confirmation statements, suggests the company may be facing financial difficulties. However, the increase in cash reserves and decrease in creditors indicate some degree of improved debt management. Whether these trends are sustainable remains to be seen, and the company’s future hinges on its ability to navigate these challenges and maintain its operations.

Registered in Scotland under the registration number SC378921, with a registered address at KY11 8QE, Scotland, Dunfermline, Office 15, 63 Dunnock Road.

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