Ckt Holdings Limited

Ckt Holdings Limited is a small, active company based in Newry, Northern Ireland, founded eight years ago in 2016. With two employees and £460,427 in assets, it operates from a real address and is led by three directors and two owners, with a solo founder at its core. The company regularly imports furniture, lighting, and prefabricated buildings—a total of 17 months of import activity, with the latest recorded in January 2025.

The company's website showcases a focus on medical healthcare furniture, specifically acting as an official Northern Ireland distributor for Croyde Medical Maternity Equipment and the parent company to Aspire. It supplies NHS frameworks and boasts a range of products, including LED ceiling panels, hospital screens, and air purification products. The website also highlights a showroom in Harrods, London, indicating a high-end piano restoration division—a venture seemingly distinct from the core furniture import business.

Financially, Ckt Holdings Limited presents a mixed picture. While current assets remained relatively stable at £460,000, cash reserves dropped significantly by 24% to £230,000. Bank borrowings remained constant at £600, but trade debtors increased by 18% to £210,000. A notable increase in prepayments—soaring by 3300%—suggests a shift in payment terms or a large upfront payment for goods. 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, but the decrease in equity—falling 14% to £280,000—raises questions. As a small company, it is exempt from an audit, so the figures are unaudited.

The company’s dual focus—medical furniture distribution and high-end piano restoration—suggests a diversification strategy, but the financial data reveals some challenges. Whether the two ventures can support each other remains to be seen, and the company will need to carefully manage its cash flow to navigate these pressures.

Registered in Northern Ireland under the registration number NI641993, with a registered address at BT34 1BJ, Northern Ireland, Newry Bt34 1bj, Down, 7 Glen-Mullan.

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