Ips-uk Ltd

Ips-Uk Ltd, based in Accrington, UK, is a small holding company with an active status, established fifteen years ago in July 2009. The company employs 26 people and holds assets totaling £944,173. With three directors and one owner, it operates from a real address shared by eight other companies. Ips-uk Ltd regularly imports plastics and plastic products (for nine months, the latest in September 2024) and exports various textile products, sets, used clothing, and rags (for eleven months, the latest in June 2024).

The company’s website, salesipsuk.co.uk, showcases its expertise in providing custom packaging solutions. Ips-Uk Ltd positions itself as a market leader, offering versatile packaging for product protection, resilience, and cost-effective design. The site highlights design and testing capabilities, alongside environmental considerations, with a focus on minimising waste and developing sustainable options. Products include polyethylene packaging, explorer cases, timber packaging, and solutions for automotive and aerospace industries. The website also features a news section and social media links.

Financially, Ips-Uk Ltd’s recent performance presents a mixed picture. Current assets decreased by 5.6% to £940,000, while net assets increased by 13% to £530,000. Bank borrowings significantly decreased by 49% to £110,000, and cash reserves jumped 270% to £390,000. Creditors also decreased by 18%, suggesting improved debt management. Trade debtors, however, fell by 15%, which could indicate slower payments from customers. The company meets the criteria for a small company, with a turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. The lack of an auditor mentioned (likely exempt as a small company) means the figures are unaudited.

Overall, Ips-Uk Ltd appears to be in a reasonably healthy position, with strong cash reserves and improved net assets. The decrease in bank borrowings is a positive sign. However, the decline in trade debtors warrants further investigation. The company’s focus on custom packaging solutions and commitment to environmental sustainability seem to be driving its business, and it’s likely to continue to thrive in the competitive packaging market.

Registered in England/Wales under the registration number 06951376, with a registered address at BB5 0EY, England, Accrington, Oswaldtwistle Mills Business & Conference Centre, Pickup Street.

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