Home Centre Limited

Home Centre Limited, based in Bolton, UK, is a small, family-run business with an active trading status. Founded nineteen years ago on January 06, 2006, it employs just one person and holds £129,996 in assets. The company operates from a real address at 77 Darwen Street, Blackburn, and is managed by two directors and two owners. It’s an irregular importer, with its top category being Leather goods, travel bags, and animal harnesses, importing for one month, with the latest activity recorded in March 2024. The company’s website highlights its traditional Ironmongers and Hardware Store feel, offering a wide range of DIY materials, tools, and gardening supplies alongside key cutting, engraving, and sharpening services.

The business primarily operates in the other letting and operating of own or leased real estate industries, but its website shows a strong focus on providing a personal service and a wide range of products—a “Aladins Cave” for customers seeking items often hard to find elsewhere. The website also advertises carpet cleaning machine rentals.

Financially, Home Centre Limited’s picture is mixed. Cash bank on hand increased significantly by 290%, reaching £100,000, while current assets also saw a substantial rise of 400% to £130,000. However, creditors increased by 180%, reaching £130,000, and net assets declined by 99%, ending at just -£47. Trade debtors remained constant at £2,700. The company’s small size (meeting two of three conditions for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for flexibility, but the decrease in equity is a cause for concern. The accounts are "Filleted Accounts" and were prepared under FRS 102, and there is no mention of an auditor.

Overall, Home Centre Limited appears to be navigating a period of change. While cash flow has improved, the decline in equity suggests the company may be burning through money. The continued focus on traditional hardware services and a strong local presence could provide a buffer against these pressures, but sustaining growth will depend on managing its debts and maintaining customer loyalty.

Registered in England/Wales under the registration number 05668567, with a registered address at BB2 2BL, Lancashire, 77 Darwen Street, Blackburn.

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