Fyth Ltd

Fyth Ltd, based in Co Derry, UK, is a small, active company established 25 years ago. With six employees and £8,916,351 in assets, it operates from a real address and is led by two directors and a solo founder. It has a Google rating of 2.0 based on twelve reviews. The company is an irregular importer, primarily dealing in vehicles, parts, and accessories, with recent import activity recorded two months ago in March 2022.

The company’s website, homesfyth.co.uk, showcases a portfolio of new-build homes across several locations, including The Hillocks, Blackrock, and Cumber View. Fyth Homes specializes in luxury modern homes, offering viewings and site visits. The website highlights a focus on quality construction and customer service, with a dedicated "About Our Homes" section and contact information readily available. It’s clear the company is actively promoting its developments and targeting potential buyers.

Financially, Fyth Ltd presents a mixed picture. While cash reserves have impressively increased by 5,500%, soaring to £2,800,000, other indicators raise concerns. Creditors have significantly risen by 170%, reaching £4,900,000, suggesting increased reliance on borrowing. Bank borrowings have also jumped, with an overdraft increasing by 280%. Despite this, debtors have only increased slightly, by 3.8%, and net assets remain steady at £4,400,000. The company's small size—meeting two of three criteria for being considered small—allows for flexibility, but the increase in debt warrants attention. The company’s auditor, PFS & Partners, has provided an unaudited report, typical for small companies.

Overall, Fyth Ltd seems to be experiencing growth, but it's managing a higher level of debt. The focus on new-build homes and a strong online presence suggest a commitment to the property development sector, but careful financial management will be crucial for long-term success.

Registered in Northern Ireland under the registration number NI036585, with a registered address at BT47 4BJ, Co Derry, 26 Eden Road, Park.

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