Homebird Group Ltd

Homebird Group Ltd from Wilmslow UK: small company, active status, founded 11 years ago, £88,314 assets, virtual address, 2 directors, 1 owner. Irregular importer of various textile products, sets, used clothing, and rags (2 months imported). It’s a small company as it met two conditions of three: turnover less than £10.2 million, balance sheet less than £5.1 million, employees less than 50. The last reported current assets is £88,314.

Homebird Group Ltd operates a stylish online furniture and home accessories store, offering a wide range of collections from reclaimed wood pieces to modern sofas and decorative items. The website showcases a curated selection of furniture, lighting, and soft furnishings, alongside a range of gifts and accessories. It also has physical stores in several locations across the Northwest of England, including Altrincham, Cheadle, and Wilmslow. The site is clearly geared towards e-commerce, with high-quality product photography, detailed descriptions, and a user-friendly shopping experience. They also offer a swatch guide and measuring guide to help customers make informed decisions.

Financially, Homebird Group Ltd presents a mixed picture. While net assets increased slightly to £270,000, current assets decreased by 12% to £88,000. Bank borrowings fell by nearly 5%, to £320,000, and cash reserves saw a substantial increase of over 400%, reaching £2,700. Trade debtors also decreased, suggesting improved collection of payments. The company’s small size helps it remain flexible, but the decrease in current assets warrants closer attention. The accounts are unaudited, as is common for small companies.

The company’s irregular import activity, primarily focused on textile products and used clothing, is a curious detail. It’s unclear how this relates to the core furniture retail business, but it suggests a broader sourcing strategy. The lack of an auditor mentioned is not unusual for a small, exempt company.

Registered in England/Wales under the registration number 08825955, with a registered address at SK9 2BW, England, Wilmslow, Swallows Ridge, Hollies Lane.

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