Ironmongery Innovations Limited

Ironmongery Innovations Ltd from Chatham UK: a small company with an active status, founded 12 years ago, employs eight people, and holds £1,585,692 in assets. It operates from a virtual address and is led by two directors and two owners. The company is an irregular importer of miscellaneous metal items, with just two months of import activity recorded as of December 2020.

The company’s website showcases a focus on bespoke architectural ironmongery, serving sectors like residential, hospitality, commercial, and mixed-use developments. It partners with UK and European joinery manufacturers, offering services like ironmongery scheduling, bespoke design, access control, and master key systems. The website highlights a portfolio of projects, including collaborations with renowned architects and developers, and emphasizes craftsmanship, industry expertise, and regulatory excellence. It also features testimonials from satisfied clients, reinforcing its reputation for quality and reliability.

Financially, Ironmongery Innovations Ltd presents a mixed picture. While net assets increased by a modest 2%, cash reserves decreased by 3.6% to £410,000. Creditors decreased significantly by 17%, which is a good sign, but trade debtors also fell by 3.7%, suggesting a potential slowdown in customer payments. The company's small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for agility, but the decrease in cash reserves warrants attention. The company's financial statements are unaudited, a common occurrence for small entities, and no auditor is mentioned. The company's plant machinery has increased by 110% which is a good sign for growth. It seems like the company is doing well, but it needs to keep an eye on its cashflow.

Registered in England/Wales under the registration number 08392012, with a registered address at ME4 4TZ, England, Chatham, Kent, Second Floor South The Fitted Rigging House, Anchor Wharf, The Historic Dockyard.

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