Euro-fit Systems Limited

Euro-Fit Systems Ltd, based in Beverley, UK, is a small, active family business established 24 years ago. With 24 employees and £3,189,355 in assets, it operates from a real address and is managed by five directors and two owners. The company regularly imports miscellaneous metal items – a consistent activity spanning 263 months, with the latest import in February 2025 – but exports irregularly, with only two months of activity recorded as of November 2022. It's a wholesale supplier of furniture fittings, components, and related items, with a strong presence in the caravan and leisure home manufacturing industries.

The company's website highlights its expertise as a leading UK supplier, offering a wide range of high-quality components and services. It operates both a trade-focused business and a retail arm, Eurofit Direct, which offers online e-commerce functionality with next-day delivery. The company also boasts a connection to Fred Balls Fastenings Limited, indicating potential diversification or related business ventures. It's clear they’re aiming to be a one-stop shop for furniture fittings, offering sourcing, supply, and even quality control services.

Financially, Euro-Fit Systems Ltd shows a mixed picture. Current assets have fallen by 28% to £3,200,000, while net assets have increased by 24% to £1,500,000. Bank borrowings have significantly reduced by 50%, dropping to £610,000, and cash reserves have increased by 270%, reaching £2,400. Creditors have also decreased substantially, falling by 34%, suggesting improved financial management. The company meets the criteria for a small business, with turnover under £10.2m, assets under £5.1m, and fewer than 50 employees. Despite this, the decrease in average employees by 12% to 21, and the sharp drop in depreciation impairment of property plant equipment, are points to consider. The company's financial statements are unaudited, as it is exempt as a small company. Overall, Euro-Fit Systems Ltd appears to be navigating a period of change, with a focus on streamlining operations and managing its financial position.

Registered in England/Wales under the registration number 04024046, with a registered address at HU17 0LA, Beverley, East Yorkshire, Euro-Fit Systems, Barmston Road.

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