I.r.t.s. Engineering Limited

I.R.T.S. Engineering Limited, based in Toddington, UK, is a small, active company established 48 years ago. With eleven employees and £333,509 in assets, it operates from a virtual address, a detail flagged by the registration of thirty-five companies at the same location. The company is led by two directors, with Burton Ian Anthony as the sole owner and solo founder. It holds a stellar 5.0 Google rating based on four reviews.

The company specializes in manufacturing other general-purpose machinery and is a regular importer of machinery, boilers, and mechanical appliances, with parts imported for three months, the last operation occurring in February 2023. Its website showcases a diverse range of pressure washers, cleaning systems, and related services, including a focus on bespoke solutions and expert servicing. It also highlights a significant side venture: piano restoration and sales, operating under the name 1066 Pianos, with a showroom in Harrods.

Financially, I.R.T.S. Engineering Limited presents a mixed picture. Current assets have decreased by 13% to £330,000, while net assets have remained steady at £260,000. Bank borrowings have risen by 2400% to £29,000, and cash reserves have fallen by 20% to £99,000. Trade debtors have also decreased by 28%, suggesting a possible effort to manage outstanding payments. The company’s small size—meeting two of three criteria for a small company—allows for agility, but the increased borrowings and reduced cash reserves warrant attention. The lack of an auditor mentioned suggests it’s exempt as a small company, relying on unaudited financial statements.

The company’s long history and diverse operations—from pressure washers to high-end pianos—suggest a resilient business adapting to changing market conditions, although the recent financial trends indicate a need for careful management.

Registered in England/Wales under the registration number 01300155, with a registered address at LU5 6BS, England, Toddington, Bedfordshire, Church View Chambers, 38 Market Square.

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