Irugasa Group Ltd

Irugasa Group Ltd, based in Consett, UK, is a small, active company founded 12 years ago in 2012. With a real address and a single director, it holds £747,462 in assets and employs just one person. The company boasts a perfect 5.0 Google rating based on a single review, and is a regular importer of optical and medical tools and devices, with four months of import activity recorded as of November 2024. There are no owners reported, which is a bit unusual.

The company’s website reveals a diverse range of activities. It’s primarily a supplier of radio control equipment and spare parts, catering to the crane and lifting industries. It also distributes Danfoss drives and hydraulics, and offers weighing products like hook blocks and crane scales. A support section provides access to technical libraries and certification information, indicating a focus on customer service. The website also highlights a partnership with Airpes for display products and a focus on LEEA membership.

Financially, Irugasa Group Ltd presents a mixed picture. While cash reserves increased by a healthy 86% to £180,000, current assets decreased slightly to £750,000. Trade debtors have taken a significant hit, falling 48% to £160,000, which could indicate challenges in collecting payments. Creditors have also seen a dramatic decrease, dropping 63% to £15,000, suggesting improved debt management. The company’s small size (meeting two of three criteria for a small company) helps it remain flexible, but the decrease in debtors is something to keep an eye on. The increase from depreciation charge for plant machinery remained the same, at £470. The company is exempt from an audit, so the figures are unaudited.

Overall, Irugasa Group Ltd appears to be navigating a period of change. The decrease in debtors, however, warrants further investigation. The company's focus on specialized equipment and its commitment to customer support position it well within its niche market, but maintaining financial stability will be key to its long-term success.

Registered in England/Wales under the registration number 08208286, with a registered address at DH8 6JZ, United Kingdom, Consett, County Durham, The Old Chapel, 20a Bradley Cottages.

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