Ivtb Ltd

Ivtb Ltd from London UK: a small, active company founded six years ago, employs one person, and holds £11,955 in assets. It’s a solo founder operation with a single director and owner, but the registered address is likely virtual, as 8741 other companies share the same location. The company operates in the specialised construction activities and retail sectors.

The company’s website, Mauritius Institute of Training and Development, showcases a comprehensive range of training facilities and services across Mauritius. It’s a complex operation with multiple centres, including training centres, educational centres, and even a hospitality school. The site highlights various courses, application processes, and downloadable resources, indicating a focus on vocational training and skills development. It’s not an e-commerce site; rather, it’s a portal for information and enrollment in training programs.

Financially, Ivtb Ltd presents a mixed picture. While bank borrowings decreased by 44% after a year, they’re still at £1,800. Cash on hand dropped by 20% to £5,600, and creditors increased by 53% to £9,700 within a year. Dividends paid surged a staggering 150% to £23,000, which could be a one-off event. Equity, however, took a significant hit, plummeting 79% to just £390, and net assets followed suit, decreasing 75% to £490. Trade debtors increased by 42%, suggesting a possible reliance on customer payments. The company's small size—meeting two of three criteria for being small—helps with agility, but the sharp decline in equity is a concern. There's no auditor mentioned, and the accounts are unaudited.

Overall, Ivtb Ltd appears to be facing financial pressures, despite its active status and niche market. The surge in dividends suggests a possible distribution of profits, but the declining equity and cash reserves indicate a need for careful financial management.

Registered in England/Wales under the registration number 11859058, with a registered address at EC1V 2NX, England, London, 124 City Road.

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