Firemagic (uk) Limited

Firemagic (UK) Limited, based in Clevedon, North Somerset, is a small, active family business established seventeen years ago. With three employees and £309,363 in assets, the company operates from a real address and is overseen by two directors and two owners. It’s an irregular importer, with its last import of aluminum and aluminum products occurring over a decade ago. The company's activities are centered around providing outdoor kitchen solutions, as evidenced by its extensive website showcasing luxury outdoor kitchens, BBQs, and components.

The Firemagic website reveals a focus on high-end outdoor living, offering a wide range of products from built-in components and accessories to outdoor fridges and design services. It’s clear that the company caters to a discerning clientele, emphasizing quality, performance, and bespoke design. The site also highlights partnerships with showrooms and a network of dealers, suggesting a focus on distribution and brand presence. They even offer CAD drawings for specifiers and professionals.

Financially, Firemagic (UK) Limited presents a mixed picture. While cash reserves increased by 25% to £230,000, and net assets grew by 16% to £260,000, other areas show signs of pressure. Creditors rose significantly by 54% to £78,000, and trade creditors increased dramatically, suggesting a need to manage supplier payments more closely. Finished goods also increased by 38% to £84,000, which could indicate a build-up of inventory. 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 flexibility, but the rise in liabilities is something to keep an eye on. As a small company, it’s exempt from an audit, so the financial statements are unaudited. The company's accounting standards are applied and it has been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

Registered in England/Wales under the registration number 06355457, with a registered address at BS21 7XW, North Somerset, 4 The Homestead, Clevedon.

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