Iry Group Ltd

IRY Group Ltd, based in Halifax, UK, is a small, active company founded three years ago. With two employees and £199,152 in assets, it’s a modest operation led by two directors and owners, boasting a perfect 5.0 Google rating from three reviews. The company is an irregular importer, primarily dealing with machinery, boilers, and mechanical appliances, with the last import activity recorded just one month ago.

IRY Group operates across three distinct trade areas, as outlined on its website: Evapak, specializing in food industry engineering; Industrial Renovation Yorkshire, focusing on PVC cladding and conversions; and RGN Automation, offering solutions for industrial doors, CCTV, and access control systems. The website highlights sales, service, and repairs for all systems, emphasizing a commitment to customer support. It also features contact information for Ian and Richard, the company's key personnel.

Financially, IRY Group Ltd presents a mixed picture. While cash reserves have increased significantly by 730% to £51,000, bank borrowings have also risen, reaching £8,400. Creditors have seen a substantial increase, jumping 620% to £170,000, which could indicate expansion or increased supplier costs. On a positive note, debtors have also increased by 190% to £150,000, suggesting improved sales performance. The company’s small size—meeting two of three conditions for being classified as small—allows for agility, but the rise in liabilities warrants closer attention. The company's net assets have increased by 5.8% to £41,000. No auditor is mentioned, which is typical for small companies.

Overall, IRY Group Ltd appears to be growing, but it’s also taking on more debt. Whether this expansion is sustainable remains to be seen—but the company’s diverse trade areas and positive customer reviews suggest a solid foundation for future success.

Registered in England/Wales under the registration number 14079014, with a registered address at HX3 6SN, England, Halifax, Unit Hm7 Holmfield Mills, Holdsworth Road.

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