Focus Stoves Limited

Focus Stoves Ltd, based in Newbury, UK, is a small, family-run business with an active trading status. Founded 28 years ago in 1997, the company employs eight people and holds £480,184 in assets. It operates from a virtual address, with three directors and three owners at the helm. The firm regularly imports iron or steel products, with 15 months of import activity recorded, the latest in October 2024. Google reviews are excellent, boasting a 5.0 rating from 36 reviews.

The company's website positions itself as a specialist in stoves, offering a wide range of options from traditional cast iron to modern electric models. It doesn’s sell on the internet, stating that stoves need to be carefully chosen. The site highlights installation services, flue and chimney expertise, and a selection of fuel types, catering to both residential and commercial customers. It even offers advice on carbon monoxide awareness and building regulations.

Financially, Focus Stoves Ltd presents a mixed picture. Current assets remained steady at £480,000, while net assets declined by 14% to £320,000. Cash reserves grew significantly by 110% to £65,000, a positive sign. However, creditors increased by 35% to £200,000, and trade debtors decreased by 16% to £62,000. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) helps it stay nimble, but the increase in creditors suggests a need to manage debt. No auditor is mentioned, likely due to its small size and exemption from an audit.

In short, Focus Stoves Ltd appears to be holding its own, benefiting from a strong reputation and a loyal customer base. However, the increase in debt warrants careful monitoring.

Registered in England/Wales under the registration number 03331415, with a registered address at RG14 1QL, Newbury, Berkshire, 2 Old Bath Road.

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