Comfort Needs Limited

Comfort Needs Limited, based in Ballymena, UK, is a small, active company founded seven years ago in 2017. With two employees and £729,353 in assets, it operates from a real address and is overseen by a single director, although no owners are officially listed. The company regularly imports electrical machinery and equipment, with 68 months of import activity recorded, the latest in October 2024.

The company’s website describes Comfort Services Group as a premier water treatment and hygiene consultancy in the UK, specializing in a comprehensive range of bespoke services. They offer water treatment, water hygiene, commissioning, duct ventilation cleaning, and mains water chlorination, catering to commercial properties, schools, and universities. They even have a compliance portal and offer Legionella risk assessments. The website emphasizes experienced engineers and a commitment to safety and sustainability.

Financially, Comfort Needs Limited presents a mixed picture. Cash bank on hand has fallen by a significant 60%, dropping to £700,000. Creditors have risen substantially, with current financial instruments increasing by 13% and non-financial instruments jumping a staggering 1100%. Debtors have also decreased by nearly 50%, suggesting potential difficulties collecting payments. Despite these challenges, the company’s net assets have fallen by 67%, to £580,000. The company meets the criteria for a small company, with turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. No auditor is mentioned, likely due to the company’s small size.

The significant drop in cash reserves and the increase in liabilities raise concerns about the company’s financial health, although the decrease in debtors could be a sign of improved debt management. It’s possible that the company is investing in growth or facing increased operating costs, but the trend warrants careful monitoring.

Registered in Northern Ireland under the registration number NI648683, with a registered address at BT42 1PE, Northern Ireland, Ballymena, Co.Antrim., 57 Dunminning Road, Cullybackey.

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