It.eu (uk) Ltd

It Eu Uk Ltd from Herne Bay UK: a small, active company founded 13 years ago, holds £96,337 in assets, and operates from a real address. It’s a solo founder venture led by a single director and owner, Roy Toby Michael. The business runs an e-commerce site and is an irregular importer, with its last import operation occurring in 2017.

The company’s website, it Luggage, specializes in designing, manufacturing, and selling luggage—from suitcases and cabin bags to luggage sets—with a focus on UK-based design and a 10-year warranty. The site offers a wide range of styles, materials, and sizes, catering to various airlines and customer preferences. It’s a busy site with lots of product categories and even a section for kids’ ride-on suitcases.

Financially, It Eu Uk Ltd presents a mixed picture. While current assets increased by a substantial 250%, reaching £96,000, bank borrowings jumped a whopping 220%, settling at £74,000. Cash reserves, however, took a hit, declining 70% to just £2,700. Debtors have also increased significantly, by 930%, to £83,000, which could indicate a period of rapid growth but also potential cash flow challenges. The company’s small size (meeting two of three criteria for being a small company) allows for agility, but the rise in debt warrants closer monitoring. As a small company, it is exempt from an audit, so the financial information is unaudited. The company’s equity remained steady at £100,000.

Registered in England/Wales under the registration number 07754505, with a registered address at CT6 7FE, Herne Bay, Kent, Unit 2a The Links.

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