Firefly Stoves Ltd

Firefly Stoves Ltd, based in London, UK, is a small, active company founded eight years ago. With three employees and £46,522 in assets, it operates from a real address and is led by one director and owner. Boasting a stellar 5.0 Google rating from 161 reviews, the company regularly imports electrical machinery and equipment, with recent activity recorded in October 2024.

The company’s website showcases a range of fireplace solutions, including wood burning stoves, gas fires, bioethanol fireplaces, and electric fires. It positions itself as a trusted provider and installer, offering online sales, surveys, and installation services throughout London and the South East. The website highlights expertise in fireplace restoration and installation, catering to both residential and commercial clients.

Financially, Firefly Stoves Ltd presents a mixed picture. Cash reserves have dramatically decreased by 90%, falling to just £11,000. Creditors have also risen, with current financial instruments increasing by 33%. Equity, however, has taken a significant hit, dropping by 520% to a negative £86,000. While the company’s small size (meeting two of three criteria for a small company) allows for agility, the substantial equity decline and cash depletion raise concerns. Trade debtors have increased by 32%, suggesting a possible reliance on customer payments. The lack of an auditor mentioned (likely exempt as a small company) means the figures are unaudited.

It appears Firefly Stoves Ltd is facing some financial headwinds, but its strong online presence and positive customer reviews suggest it’s working to maintain its position in the competitive fireplace market. The company’s focus on quality installations and customer service may be key to its long-term success, but it will need to address its declining cash reserves and equity position to ensure financial stability.

Registered in England/Wales under the registration number 10476811, with a registered address at SE22 9EA, England, London, 325 Underhill Road.

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