Ivar (uk) Ltd.

Ivar (uk) Ltd, based in Glasgow, UK, is a small holding company with an active status, having been incorporated 24 years ago in April 2001. The company employs six people and holds assets valued at £1,585,079. It operates from a virtual address, a detail noted by the presence of 26 companies registered at the same location. Four directors manage the company, alongside one owner, and it maintains a perfect 5.0 Google rating based on three reviews.

The company's core business revolves around wholesale of hardware, plumbing and heating equipment and supplies. It’s a regular importer, specializing in machinery, boilers, and mechanical appliances; parts, with 106 months of import activity recorded. The website showcases a wide range of products, from controls for thermostatic valves to stainless steel manifolds, and even highlights a "green oriented" sustainability policy. It also offers technical documentation and a "Billy Configurator" for customized solutions. The site is multilingual, catering to an international audience.

Financially, Ivar (uk) Ltd shows some concerning trends. While cash reserves decreased by 44% to £310,000, bank borrowings increased by 17% to £140,000. Net assets, however, increased by 4.4% to £820,000. Creditors decreased by 12%, suggesting improved debt management. The company’s small size (meeting two of three conditions for being classified as small) allows for agility, but the decrease in cash and increase in borrowing raises questions about its liquidity. The company’s financial statements are unaudited, and no auditor is mentioned, which is typical for small companies. The increase in the number of employees from six to seven is a positive sign, though it could also indicate increased operational costs.

Registered in Scotland under the registration number SC218630, with a registered address at G32 8FH, Glasgow, 1 Cambuslang Court, Cambuslang.

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