Iquatics Limited

Iquatics Limited, based in Leek, UK, is a small, active company founded fifteen years ago in 2009. With three employees and £114,774 in assets, it operates from a real address and is led by three directors and a single owner. Google users rate it a perfect 5.0 based on 107 reviews, and the company is a regular importer of plastics and plastic products, with 27 months of import activity recorded.

The company’s website, iQuatics Online, positions itself as the UK's leading supplier of innovative marine aquarium lighting products. The site offers a wide range of lighting solutions, from Aqualumi Universal Gen 2 to T5 aquarium controllers and reflectors, catering to both hobbyists and commercial aquariums. It also sells fish food, maintenance products, and frag stands, with a focus on competitive pricing and expert customer support. The website even offers a WhatsApp service for quick assistance.

Financially, Iquatics Limited presents a mixed picture. Cash reserves increased significantly, jumping 97% to £20,000, which is a positive sign. However, current assets decreased by 5.4% to £110,000, and net losses deepened. Bank borrowings decreased by 35% to £9,600, and trade debtors plummeted 68% to £3,200, suggesting improved collection efforts. Creditors, however, increased by 9.5% to £68,000. The company meets the criteria for a small business, with turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. As a small company, it’s exempt from an audit, so the figures are unaudited.

Overall, Iquatics Limited seems to be navigating a period of change. While cash flow improved, the decline in current assets and increased creditors warrants close monitoring. The company’s strong online presence and positive customer reviews suggest a solid foundation, but sustaining growth will depend on effectively managing its finances and adapting to market demands.

Registered in England/Wales under the registration number 06954492, with a registered address at ST13 6DB, England, Leek, Staffordshire, Unit 8 - Price Street Industrial Park, Prince Street.

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