Itab Uk Ltd

Itab Uk Ltd, based in Hemel Hempstead, UK, is a large, active company founded 27 years ago in 1997. With 187 employees and five directors, the company operates as a holding company and has a real address. Itab Uk Ltd regularly imports and exports furniture, lighting, and prefabricated buildings – a total of 78 months of imports and 26 months of exports as of July 2023.

The company's website reveals a focus on “rethinking retail, together,” providing solutions for consumer brand experience into physical reality. Itab helps customers turn consumer brand experience into physical reality with its knowhow, solutions, and ecosystem of partners. It’s clear that Itab operates in the manufacture of other fabricated metal products. The site showcases a range of services, including solution design, sector experience, and insights—all geared toward helping retailers create engaging and efficient store environments.

Financially, Itab Uk Ltd shows some concerning trends. While cash bank on hand remains steady at £12 million, net assets have increased by a significant 38% to £13 million. However, administrative expenses have decreased by 15%, dropping to £13 million, and profits have fallen by 57%, now at £960,000. Bank borrowings have increased by 60%, reaching £310,000, and trade debtors have fallen by 28%, now at £6.6 million. The company’s size—meeting two of three criteria for a large company—suggests it’s navigating a competitive market. The lack of auditor information indicates it’s exempt from an audit, relying on unaudited financial statements.

The company is owned by Itab Holdings Uk Ltd, and the directors are Elgaard Ulf Andras, Bergmo Skld Ulrika Elisabeth, Hughes Nick, French Roy Timothy, and Tweddle Andrew John. The decrease in profits, despite steady cash reserves, suggests potential cost pressures or a slowdown in sales. It’s likely that the company is adapting to changing consumer behavior and the evolving retail landscape, but the financial data indicates a need for careful management.

Registered in England/Wales under the registration number 03411363, with a registered address at HP2 7EA, Hemel Hempstead, Hertfordshire, Itab House Swallowdale Lane, Hemel Hempstead Industrial Estate.

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