Ironwood Design Ltd

Ironwood Design Ltd from London UK: small company, active status, founded 8 years ago, 1 employee, £13,198 assets, real address, 1 director, no owners. It's a small company as it met two conditions of three: turnover less than £10.2 million, balance sheet less than £5.1 million, employees less than 50. The last reported current assets is £13,198.

The company operates in the retail sale via mail order houses or via internet industries. While the name suggests design, Ironwood Structural Design's website reveals a different story entirely. Established in 2010 by Jeremy Collins, it provides structural design services for architects, contractors, developers, and private individuals in Oxfordshire. The business boasts strong relationships with local builders, suppliers, and building control organizations, offering services from single beam designs to complete building projects, specializing in steel, concrete, masonry, and timber frame construction. The company’s website also mentions a local knowledge of ground conditions, offering solutions for tricky sites and even collaborating with site investigation companies. It’s clear that the company is focused on providing structural engineering services, and the website is well-maintained and professional.

Financially, Ironwood Design Ltd presents a mixed picture. While current assets have increased by a modest 36%, net assets have decreased by 19% to -£20,000. Cash bank on hand has fallen significantly by 57%, dropping to just £660. Creditors have also increased, both short-term and long-term, suggesting the company is relying on external funding. Property, plant, and equipment has decreased by 29%, which could be due to depreciation or asset sales. The company’s small size and lack of owners (likely a sole proprietorship or partnership) means it’s likely exempt from an audit, and the unaudited financial statements rely on the director's reporting. It's a bit concerning that cash reserves are so low, but the increase in debtors could indicate improved billing practices.

Registered in England/Wales under the registration number 10171032, with a registered address at W3 6SZ, England, London, 39 Maldon Road.

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