Ito Europe Limited

Ito Europe Limited, based in Westcott, UK, is a small, active company established 14 years ago. With a single employee and £71,039 in assets, it operates from a real address and is overseen by four directors, though no owners are officially listed. The company imports optical and medical tools and devices, though irregularly, with the last import occurring two months ago.

The company’s website reveals a focus on LPG and Natural Gas Products, positioning itself as the European subsidiary of ITO Group of Japan. It actively participates in industry events like the AEGPL and WLPGA Exhibitions, even presenting at the WLPGA Global Technology Conference and winning an innovation award in 2011. The company aims to provide European companies with confidence and safety, and their range is evolving to meet European standards.

Financially, Ito Europe Limited’s numbers paint a mixed picture. Cash bank holdings have decreased significantly by 38%, falling to £8,700. Creditors have increased, both for short-term (current financial instruments) and long-term obligations, by 16% and 5.1% respectively. Current assets have also decreased by 20%, while debtors have plummeted by 40%. Equity, however, has worsened, with retained earnings and accumulated losses dropping 8.2% to -£1,500,000. Despite these challenges, the company’s small size—meeting two of three conditions for a small company—allows for agility. The lack of a named auditor suggests the company is exempt from an audit.

Overall, Ito Europe Limited appears to be navigating a period of financial pressure. While its parent company and industry presence suggest a solid foundation, the declining assets and increasing liabilities warrant close monitoring.

Registered in England/Wales under the registration number 07528797, with a registered address at HP18 0JX, Westcott, Buckinghamshire, 9 Field View Offices Ubf Industrial Park, Bicester Road.

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