Fern Grove Homes Ltd

Fern Grove Homes Ltd, based in London, UK, is a small, active company founded seven years ago in 2018. It employs just one person and holds £237,913 in assets, operating from a virtual address shared by many other businesses. With one director and owner, Rajanwal Chetan Pal Singh, the company is an irregular importer of stone, plaster, cement, and similar material products, with its last import activity recorded one month ago. The company focuses on the development of building projects.

The company’s website, Stonewood Homes, showcases a portfolio of high-quality, sustainable new homes across the South West of England. It's clearly an e-commerce focused business, promoting new developments with show home viewings, marketing suites, and registration of interest forms. The site emphasizes a “Stonewood Philosophy” centered on community, creativity, and craft, and highlights awards and sustainability initiatives. It’s a polished, professional presentation aimed at attracting potential homebuyers.

Financially, Fern Grove Homes Ltd presents a mixed picture. Current assets have surged by a remarkable 190%, reaching £240,000, while net assets have also increased by 150% to £58,000. However, loans from directors have dramatically decreased by -100000%, now standing at -£29,000 – a significant shift. Trade creditors have also increased substantially by 330%, reaching £180,000, suggesting increased reliance on credit from suppliers. The company meets the criteria for a small company, with turnover under £10.2m, assets under £5.1m, and fewer than 50 employees. With no auditor mentioned, the accounts are unaudited.

Overall, Fern Grove Homes Ltd appears to be growing, but the large increase in creditors and the decrease in loans from directors suggest a need to manage its finances carefully. The company’s focus on sustainable building and its professional online presence position it well for future success, but keeping a close eye on cash flow will be crucial.

Registered in England/Wales under the registration number 11228099, with a registered address at N1 7GU, England, London, 20-22 Wenlock Road.

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