Ivo Group Ltd
- Small
- Active
- 9 years
- 9 employees
- £663,552 (assets)
- Virtual address
- 1 director
- 2 owners
- Regular importer
- Regular exporter
- Family business
- E-commerce
Two conditions of three:
1.Turnover < £10.2 million
2.Balance sheet total < £5.1 million
3.Average number of employees < 50
Field of Operation
Website
Social media
Summary
Ivo Group Ltd, based in Rainham, UK, is a small, family-run business with an active status. Founded nine years ago in 2015, it employs nine people and holds £663,552 in assets. The company operates from a virtual address, registered to a building with thirty other companies, and is led by one director and two owners. It’s a regular importer of electrical machinery and equipment, having imported for 77 months, with the most recent import in February 2025. It also exports machinery, boilers, and mechanical appliances, though only for four months, with the last export in June 2019.
Ivo Group Ltd’s website, iVo Group Ltd, showcases a cleaning product supplier specializing in innovative solutions. The site highlights a range of products, from traditional machines to chemical-free options, emphasizing cost-effectiveness and user empowerment. A key offering is the RovaWash, a twin-brush scrubber praised by cleaning teams. The company’s website also features client testimonials, including positive feedback from a national FM provider and an NHS mental health trust. The site’s blog content reinforces its expertise in cleaning solutions and offers advice on various challenges.
Financially, Ivo Group Ltd presents a mixed picture. Current assets decreased by 10% to £660,000, while net assets increased by 9% to £160,000. Bank borrowings decreased by 21%, reaching £68,000, and cash reserves increased by 21% to £68,000. Creditors decreased by 25%, suggesting better debt management. Trade debtors decreased by 45%, suggesting better collection rates. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) helps it remain agile, but the decrease in trade debtors raises questions. With no auditor mentioned (likely exempt as a small company), the figures rely on unaudited statements.
Overall, Ivo Group Ltd seems to be navigating a stable, though not necessarily thriving, position. The company's focus on innovation and customer testimonials suggests a strong brand, but the financial data indicates a need for careful management to ensure long-term sustainability.
Registered in England/Wales under the registration number 09678540, with a registered address at RM13 9DS, England, Rainham, Argus - East Hall Farm East Hall Lane, Wennington.
WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.
Owners & PSC
-
Individual
- Pollard Louise
- 9 years
- 25%+
-
Resident of United Kingdom
-
Individual
- Pollard Russell
- 9 years
- 1
- 25%+
-
Resident of United Kingdom
Managers
-
Individual
- Pollard Russell
- 9 years
- 1
-
Resident of United Kingdom
Last reports
The latest confirmation statement submitted nine months ago.
Last news
-
Registered office address changed from 88 North Street Hornchurch RM11 1SR England to Argus - East Hall Farm East Hall Lane Wennington Rainham RM13 9DS on 2025-02-21Download 1 page pdf report
-
Registered office address changed from 2 Lakeview Stables Lower St. Clere Kemsing Sevenoaks Kent TN15 6NL England to 88 North Street Hornchurch RM11 1SR on 2024-11-26Download 1 page pdf report
-
Total exemption full accounts made up to 2023-12-31Download 10 pages pdf report
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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FAQ about Ivo Group Ltd
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