Neat Ideas Ltd

Neat Ideas Ltd from Lincs UK is a small, active company founded 35 years ago, back in December 1989. With 12 employees and £1,490,995 in assets, it’s a well-established business operating from a real address. Four directors and one owner (Broadley Mark) guide the company, which currently boasts a stellar 5.0 Google rating based on eight reviews. Regular importing of miscellaneous manufactured goods has been ongoing for 45 months, with the latest activity recorded in February 2025.

The company's website reveals a diverse retail operation, selling everything from kitchenware and baking supplies to pet products, DIY items, and gifts. The site is well-designed, with clear product categories and promotional offers like "Buy 1 Get 1 Free" on Shape Bake items. It's a classic online shop, offering free shipping and a money-back guarantee. There's even a section for "TV adverts," suggesting a broader marketing reach.

Financially, Neat Ideas Ltd shows some concerning trends. While cash reserves remain relatively stable at £670,000, net assets have declined by 3.1% to £1,600,000. Trade debtors have fallen significantly by 43%, which could be a good sign of improved collections, but it's also possible that sales have slowed. Creditors have also decreased, which is positive. However, a significant increase in bank borrowings by 2,400% to £29,000, alongside a 30% drop in cash reserves, suggests the company is relying more on debt financing. 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 stay agile, but the sharp equity drop raises questions. With no auditor mentioned, the figures rely on unaudited statements.

In short, Neat Ideas Ltd is a long-standing business facing some financial pressures. The company’s diverse product range and strong online presence suggest potential for growth, but managing debt and maintaining profitability will be key to its continued success.

Registered in England/Wales under the registration number 02456286, with a registered address at NG31 9HN, Lincs, Unit5 Belton Lane Ind Est, Grantham.

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