Iset Solutions Limited

Iset Solutions Limited, based in Nottingham, UK, is a small, active company founded eight years ago. With two employees and £54,139 in assets, it operates from a real address and is managed by two directors and owners. The company regularly imports and exports electrical machinery and equipment, with 13 months of import activity and 5 months of export activity recorded. It’s a wholesale business operating within the electronic and telecommunications equipment and parts industries.

The company’s website is currently unavailable, making it difficult to assess its online presence and sales strategy. It’s unclear whether Iset Solutions Limited operates an e-commerce site or primarily engages in business-to-business transactions.

Financially, Iset Solutions Limited’s recent performance reveals a concerning trend. Current assets have plummeted by 39%, dropping to £54,000, while net assets have also significantly declined, falling 59% to £20,000. Bank borrowings have increased, and cash reserves have been reduced by 78%, leaving just £960. Creditors have also increased slightly. While debtors have decreased, the overall picture suggests a company struggling to maintain its financial stability. The company’s small size (meeting two of three conditions for a small company) means it’s exempt from an audit, and the figures are unaudited.

The company’s association with Iset UK Fire and Security Distribution Ltd. suggests a potential diversification of services or a shared ownership structure. However, the financial data indicates a need for careful management to navigate the current challenges and ensure long-term sustainability.

Registered in England/Wales under the registration number 10604034, with a registered address at NG8 6PY, England, Nottingham, Ground Floor H5 Ash Tree Court, Nottingham Business Park.

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