Iveo Group Ltd

Iveo Group Ltd, based in Birmingham, UK, is a small, active company founded six years ago. With three employees and £706,405 in assets, it’s a modest operation led by a single director and owner, Mirza Ferhaan. The company boasts a perfect 5.0 Google rating from just two reviews, reflecting a high level of customer satisfaction. It’s a regular importer, specializing in furniture, lighting, and prefabricated buildings, with 14 months of import activity recorded, the latest in March 2025.

The company's website paints a picture of a wholesale distributor, importing, distributing, and manufacturing a wide variety of products. It emphasizes its ability to source, import, and distribute goods, catering to diverse sectors and industries. The site highlights its services, including packaging and storage, quality assurance, and environmental responsibility. It also showcases its ability to provide bespoke products and customized merchandise, serving both startups and established wholesalers. The website mentions a location in Cambridge and a showroom in Harrods, London.

Financially, Iveo Group Ltd presents a mixed bag. While current assets increased by 12% to £710,000, net assets jumped 74% to £150,000—a positive sign of growth. However, bank borrowings surged by 210% to £59,000, and cash reserves decreased by 48% to £32,000. Creditors also increased by 55% to £270,000. The company meets the criteria for a small business, with turnover under £10.2 million, assets under £5.1 million, and fewer than 25 employees. The accounts are unaudited, and no auditor is mentioned, which is typical for small companies.

The company's financial data shows a significant increase in depreciation for its motor vehicles, indicating potential investments in its fleet. It’s clear that Iveo Group Ltd is experiencing growth, but it’s also taking on more debt. Whether this is a sustainable strategy or a sign of financial strain remains to be seen—but for now, the company seems to be betting on its ability to import and distribute goods efficiently.

Registered in England/Wales under the registration number 11421202, with a registered address at B11 2AT, England, Birmingham, Unit 2, Speedwell Trading Estate 108 Kings Road, Tyseley.

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