Idm Building Supplies Ltd

Idm Building Supplies Ltd is a small, active holding company based in London, UK. Founded twelve years ago in June 2012, the company employs just two people and holds £197,939 in assets. It’s overseen by two directors and one owner, and boasts a perfect 5.0 Google rating from 22 reviews. While it’s listed as a regular importer, its top import category is ‘None,’ with just nine months of import activity recorded, the last being in May 2018.

The company’s website, idmdevelopments.co.uk and idmbuildingsolutions.co.uk, showcase a diverse range of building services, including double glazing, conservatory construction, garage conversions, and extensions. They also offer kitchen installations and a selection of roofline products. The site’s focus is on providing bespoke solutions for homeowners, emphasizing quality craftsmanship and customer satisfaction. They even offer triple glazing across their entire range.

Financially, Idm Building Supplies Ltd presents a mixed picture. Over the last year, average employees have decreased by 50%, dropping to just one person. Cash reserves have also fallen significantly, declining 64% to £2,800. While current assets decreased by 8% to £200,000, creditors have risen sharply, increasing by 4.1% to £560,000. Trade debtors have also seen a considerable drop, falling 64% to £6,400. Equity has also decreased, now at -£370,000. 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 flexibility, but the decline in equity and cash reserves suggests potential financial strain. The accounts are unaudited, and no auditor is mentioned, which is typical for a small company. It’s clear that Idm Building Supplies Ltd is navigating a challenging economic climate, but their focus on customer service and diverse building services could help them weather the storm.

Registered in England/Wales under the registration number 08098732, with a registered address at N1 5EA, London, Office B West Gainsborough Studios, 1 Poole Street.

WARNING: The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.
Ports, countries, transport, and price/kg were calculated by CorpSignals; non-official data, may contain errors.