Isberg Limited

Isberg Limited is a small, active company from Brough, UK, established 39 years ago in 2015. It employs just three people and holds assets totaling £2,619,627. With a real address and two directors, the company is owned by Bjornsson Petur. It’s a regular importer, primarily bringing in toys, games, and sports equipment—the last import activity recorded was way back in March 2017.

The company operates in the combined office administrative service activities industries, and its website, while minimal, suggests a focus on import/export services. 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.

Financially, Isberg Limited’s picture is a bit mixed. While current assets have increased by a modest 3.8% to £2.6 million, several key indicators are concerning. Cash bank on hand has plummeted a staggering 95% to just £11,000—a significant drain. Investments fixed assets have also fallen sharply, down 92% to a mere £8,900. Debtors have increased by 17%, reaching £2.4 million, which could indicate challenges in collecting payments. Creditors, however, have decreased slightly, suggesting some improvements in managing short-term liabilities. The company’s bank borrowings have also been reduced by 29%, to £330,000.

The company’s unaudited financial statements, prepared using IRIS Accounts Production software, don't mention an auditor. The sharp decline in cash reserves is a key area to watch, and it’s possible the company is relying on credit to maintain operations. The fact that the last import activity was so long ago also raises questions about the company’s current trading status, but the company is still active.

Registered in England/Wales under the registration number 01965187, with a registered address at HU15 1YU, England, Brough, Room 1 Brough Business Centre, Baffin Way.

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