Home Junction Limited

Home Junction Limited is a small, active company based in Polegate, UK, established six years ago in 2018. With just two employees and £107,467 in assets, it's a solo-founded operation managed by a single director and owner, Jani Smiti. The company operates in the retail sale via mail order houses or via internet industries, and its registered address, while real, is likely a virtual one, as twenty-seven other companies share the same location.

The company’s website, accessible only with a password, clearly indicates it's powered by Shopify, suggesting an e-commerce focus. This store will be powered by shopify. It's a modern approach to online retail, and it’s clear that Home Junction Limited is trying to build a digital presence.

Financially, Home Junction Limited shows some concerning trends. Cash reserves have fallen by 4%, dropping to £67,000, and current assets have also decreased by 8.7% to £110,000. Debtor payments are also down, with a 16% decrease to £41,000. However, creditors have improved, with current financial instruments down 14% and non-financial instruments decreasing by nearly 50%. Net assets have increased by 7.9%, reaching £64,000. 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 decrease in cash and debtors suggests it's burning through money faster than it's collecting payments. No auditor is mentioned, which is common for small companies.

Overall, Home Junction Limited appears to be a small e-commerce business facing some financial challenges. While it’s managed to improve its debt management, the decline in cash and debtors is something to keep an eye on.

Registered in England/Wales under the registration number 11413298, with a registered address at BN26 6EA, United Kingdom, Polegate, 49 Station Road.

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