Itm Components Limited

  • Small
  • Active
  • 29 years
  • 7 employees
  • £1,617,921 (assets)
  • Real address
  • 1 director
  • 1 owner
  • Regular importer
  • Regular exporter
  • Solo founder
  • E-commerce

Field of Operation

Other information technology service activities
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Social media

Summary

ITM Components, a Pro AV, KVM, and connectivity expert based in Wimborne, UK, is a small, active company established 29 years ago. With seven employees and £1,617,921 in assets, it operates from a real address and is led by a single director and owner, Cook Michael John. The company regularly imports and exports electrical machinery and equipment, with 466 months of import activity and 291 months of export activity recorded.

The company's website showcases a diverse range of products, from cables and connectors to audio-visual equipment and networking solutions. It caters to various industries, including professional audio-visual, IT, and industrial sectors. Notably, it offers a wide selection of cable cubbies and related accessories, along with a dedicated section for Extron products. The website also features a blog with technical articles and product guides, demonstrating a commitment to customer education. It appears to be an e-commerce business, with a focus on B2B sales, offering competitive pricing and fast customer support.

Financially, ITM Components presents a mixed picture. While cash reserves increased by a significant 80%, reaching £1,500,000, other key indicators suggest potential pressures. Merchandise dropped by 54%, settling at £34,000, and trade debtors decreased by 12%, falling to £130,000. Creditors, however, surged by 82%, reaching £670,000, and other taxation social security payable increased by 76%, reaching £200,000. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for agility, but the increase in creditors warrants closer scrutiny. The accounts are unaudited, which is typical for a small company. The company's success appears to hinge on its ability to maintain its strong import/export activity and manage its growing creditor base.

Registered in England/Wales under the registration number 03129914, with a registered address at BH21 7RU, Wimborne, Dorset, 10 Whittle Road, Ferndown Industrial Estate.

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

Owners & PSC

  • 9 years
  • 1
  • 75%+

Managers

  • 28 years
  • 1
Director

Last reports

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Last news

  1. Total exemption full accounts made up to 2024-05-31
  2. Cancellation of shares. Statement of capital on 2024-10-28
  3. Purchase of own shares.
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Importer profile by HS codes

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Last imported products

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Exporter profile by HS codes

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Last exported products

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