Ivor Innes Limited

Ivor Innes Ltd, based in Hessle, East Yorkshire, UK, is a small, family-run business with an active trading status. Established 48 years ago in 1976, the company employs eleven people and holds assets totaling £371,055. It operates from a real address and is led by six directors and two owners. A strong online presence is maintained through its e-commerce site, and it consistently receives a 5.0 Google rating from 32 reviews. The business regularly imports and exports furniture, lighting, and prefabricated buildings, with 234 months of import activity and 19 months of export activity recorded.

The company’s website, Innes Contemporary Furniture, Lighting and Homeware, showcases a wide range of designer furniture, lighting, and home accessories. It caters to both residential and commercial clients, offering a curated selection of brands like HAY, Vitra, and Louis Poulsen. The site is well-designed and easy to navigate, with clear product categories and detailed descriptions. It also features a blog with design inspiration and buying guides.

Financially, Ivor Innes Ltd’s recent report reveals some interesting trends. Current assets have decreased by 21% to £370,000, while net assets have fallen by 29% to £310,000. Bank borrowings have increased by 33% to £170,000, and cash reserves have fallen by 12% to £98,000. Creditors have decreased by 6%, 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) helps it remain flexible. The significant drop in equity, however, raises concerns. The report is unaudited, as the company is exempt due to its size.

The company’s directors, including Ivor David Innes and June Ann Innes, have been actively managing the business. The recent changes to the director list, made five months ago, could signal a period of growth or restructuring. While the business appears to be well-regarded by its customers, the financial data suggests it's facing some challenges. The company’s long history and family ownership provide a strong foundation, but it will need to carefully manage its finances to ensure its continued success.

Registered in England/Wales under the registration number 01278997, with a registered address at HU13 0AF, East Yorkshire, 11-13 The Square, Hessle.

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