Home Counties Loft Ladders Ltd

Home Counties Loft Ladders Ltd from Hemel Hempstead UK is a small, active company founded four years ago. With 33 employees and £208,969 in assets, it’s a well-established local business. The company boasts a perfect 5.0 Google rating based on 362 reviews, a testament to its customer service. It’s run by a solo founder, who also serves as director and owner. The company is an irregular importer of wood and wood products, with the last import operation occurring one month ago in March 2023.

The company’s website highlights its expertise as loft access, storage, and insulation specialists serving Hertfordshire, Bedfordshire, Buckinghamshire, Northampton, Oxford, Cambridge and North Middlesex. They offer a range of services including loft ladder installation, hatch fitting, boarding, lighting, and insulation. The website emphasizes a commitment to quality, reliability, and excellent customer service, with all work performed by local, experienced teams and backed by a five-year guarantee. Packages start from £444, and the site encourages customers to call for a free, no-obligation quote.

Financially, Home Counties Loft Ladders Ltd shows some concerning trends. Cash reserves have plummeted 71%, dropping to £67,000, while net assets have decreased by 69%, settling at £45,000. This suggests a significant drain on resources. Trade debtors have increased by 62%, which could indicate delayed payments from customers, or a strategy to offer more credit. However, creditors have also decreased by 15%, which is a positive sign of better debt management. The company’s small size—meeting two of three criteria for a small company—allows for agility, but the decline in equity warrants attention. The company is exempt from an audit, so the figures are unaudited.

While the company maintains a strong reputation and positive customer feedback, the financial data suggests it may be burning through cash. Whether this is a temporary setback or a longer-term challenge remains to be seen, but the company will need to address these trends to ensure its continued success.

Registered in England/Wales under the registration number 13211838, with a registered address at HP1 3BN, England, Hemel Hempstead, Hertfordshire, Binghams Park Farm Potten End Hill, Water End.

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