The Import Agency Ltd

The Import Agency Ltd, based in Hartley Wintney, UK, is a small, active company established sixteen years ago. With five employees and £1,061,537 in assets, it operates as an irregular importer of furniture, lighting, and prefabricated buildings, with its last import activity occurring two months ago in June 2022. Boasting a perfect 5.0 Google rating from a single review, the company has three directors and one owner, Wheeler Darren John David.

The Import Agency's website paints a picture of a freight forwarding service specializing in moving goods efficiently and economically. It emphasizes partnerships with handling agents and a UK transport partner to provide quality service, focusing on individual customer needs and optimized solutions. The company offers a unique range of cost-effective and flexible products, encompassing customs clearance, handling, and delivery—all under one roof. It even offers deferment for VAT duty values.

Financially, The Import Agency Ltd shows a mixed bag. Current assets have jumped a healthy 37% to £1,100,000, while cash reserves have also increased by 3.7% to £560,000. However, net losses have increased by 64%, reaching £990,000, and bank borrowings have risen significantly. Trade debtors have also increased dramatically, by 120%, suggesting potential issues with customer payments. Despite these challenges, 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 agility. No auditor is mentioned, which is common for small companies.

Overall, The Import Agency Ltd appears to be navigating a period of change, with increased activity and assets offset by growing losses and potential cash flow pressures. Whether the company can sustain its growth trajectory remains to be seen.

Registered in England/Wales under the registration number 06762130, with a registered address at RG27 8NY, England, Hartley Wintney, C/O Savvy Accountancy Ltd Kenward House, High Street.

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