Ivor King Properties Limited

Ivor King Properties Limited, based in Nuneaton, UK, is a large holding company with an active status, established thirteen years ago. The company boasts £107,646 in assets and generates £468,105 in yearly revenue, operating from a real address within the Haunchwood Park Industrial Estate. It's managed by three directors and has one owner, maintaining a stellar 5.0 Google rating based on 39 reviews. The company is an irregular importer, primarily dealing with machinery, boilers, and mechanical appliances; parts, with the last import operation occurring two months ago.

Primarily, Ivor King Properties Limited functions as a piling contractor, specializing in sheet piling, bored piling, and related services for the construction and civil engineering industries. Its website showcases a wide range of solutions, including retaining walls, basement construction, and even disaster recovery for damaged pianos—a surprising, and perhaps unrelated, venture. The company’s history stretches back to 1974, and it proudly celebrates 50 years in business. They offer services including design, installation, plant hire, and even training.

Financially, Ivor King Properties Limited presents a mixed picture. While turnover increased slightly, from £440,000 to £470,000, net assets took a significant hit, decreasing by 55% to £700,000. Bank borrowings increased by 13%, reaching £250,000, and cash reserves fell 5%, to £60,000. Creditors decreased by 7%, which is a positive sign. The company meets two of three conditions to be considered a large company, with turnover over £36 million and balance sheet over £18 million. The lack of auditor information suggests that the company is exempt from an audit.

Overall, Ivor King Properties Limited appears to be a well-established company with a strong reputation, but the decline in net assets warrants closer attention. The diversification into piano restoration, while intriguing, may not be directly related to the core piling business, and its financial impact remains unclear.

Registered in England/Wales under the registration number 07904899, with a registered address at CV10 9SP, United Kingdom, Nuneaton, Haunchwood Park Industrial Estate, Galley Common.

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.