Ivett & Reed Limited

Ivett & Reed Limited, based in Cambridge, UK, is a small holding company with an active status, established seven years ago in 2018. The company employs 22 people and holds assets totaling £2,869,731. It’s a real address with one director and one owner, and enjoys a stellar 5.0 Google rating from 59 reviews. They are regular importers, primarily of iron or steel products, with eight months of import activity recorded.

The company’s website reveals a diverse range of businesses. Ivett & Reed isn't just about fireplaces; it’s a family-run stonemasonry business dating back to 1896, specializing in bespoke stone fireplaces, worktops, and memorials. They also offer a selection of fires, stoves, and quartz mineral worktops. The website highlights a showroom in Cambridge and even mentions a workshop where they handcraft their products. They also own Stone Pig Limited.

Financially, Ivett & Reed Limited presents a mixed picture. While current assets increased by 5.7% to £2,900,000, equity dropped by 21% to £2,100,000—a significant shift. Cash bank on hand saw a healthy increase of 25% to £1,900,000, but trade debtors decreased by 18%, potentially indicating slower customer payments. Creditors decreased by 2.7% to £1,000,000, suggesting improved debt management. 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 flexibility, but the equity decline warrants attention. There is no auditor mentioned, likely due to their status as a small company.

The company’s long history and diverse offerings suggest resilience, but the financial data hints at ongoing challenges. It’s clear they’re betting on their reputation for quality craftsmanship and customer service to navigate these pressures.

Registered in England/Wales under the registration number 11367359, with a registered address at CB5 8PA, United Kingdom, Cambridge, 615 Newmarket Road.

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