Ies Works Ltd
- Active
- Small
- 6 years
- 10 employees
- £638,485 (cur assets)
- 1m-15m
- Regular importer
- Regular exporter
- Virtual address
- 2 directors
- 2 owners
- Witham
Two conditions of three:
1.Turnover < £10.2 million
2.Balance sheet total < £5.1 million
3.Average number of employees < 50
Field of Operation
Website
Social media
Summary
Ies Works Ltd, based in Colchester, UK, is a small, active company founded four years ago. With eight employees and £629,158 in assets, it operates from a virtual address, managed by two directors and owners. The company regularly imports and exports optical and medical tools and devices, with 4 months of import activity and 11 months of export activity recorded. Its core business lies in the manufacture of electricity distribution and control apparatus.
The company’s website, IES, showcases a range of electrical components and services, suggesting a focus on industrial clients. While it doesn's appear to be a full-blown e-commerce platform, the site provides product information and contact details, indicating a business-to-business model. The site is well-designed and professional, reflecting a commitment to quality and customer service.
Financially, Ies Works Ltd shows a mixed picture. Cash reserves decreased by 17%, falling to £85,000, while current assets increased by 14%, reaching £630,000. Debtors rose significantly by 20%, now at £540,000, which could indicate increased sales but also potential collection issues. On a positive note, creditors decreased by 37%, suggesting improved management of short-term liabilities. Equity has seen a substantial increase of 110%, reaching £400,000, likely driven by retained earnings. Bank borrowings have also increased, and the company has seen a significant increase in other debt. The company is exempt from audit, so the figures are unaudited.
Overall, Ies Works Ltd appears to be financially stable, but the increase in debtors warrants close monitoring. The company’s focus on a niche market and its commitment to quality position it for continued success, but it’s important to address the rise in outstanding payments.
Registered in England/Wales under the registration number 12592453, with a registered address at CM8 3HA, England, Witham, 1 The Matchyns London Road, Rivenhall.
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.
Owners & PSC
-
Individual
- 5 years
- 1
- 25%+
-
Resident of United Kingdom
-
Individual
- 6 years
- 2
- 50%+
-
Resident of United Kingdom
Managers
-
Individual
- 5 years
- 1
-
Resident of United Kingdom
-
Individual
- 6 years
- 5
-
Resident of United Kingdom
Last reports
The latest confirmation statement submitted eleven months ago.
Last news
-
Registered office address changed from 122 Feering Hill Feering Colchester CO5 9PY England to 1 the Matchyns London Road Rivenhall Witham CM8 3HA on 2026-06-24Download 1 page pdf report
-
Total exemption full accounts made up to 2025-04-30Download 9 pages pdf report
-
Satisfaction of charge 125924530001 in fullDownload 1 page pdf report
Importer profile by HS codes
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Import HS codes in detail
Last imported products
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* Warning: Ports, countries, transport, and price/kg were calculated by CorpSignals; non-official data, may contain errors.
Exporter profile by HS codes
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Export HS codes in detail
Last exported products
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* Warning: Ports, countries, transport, and price/kg were calculated by CorpSignals; non-official data, may contain errors.
FAQ about Ies Works Ltd
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