Homefit Group Ltd

Homefit Group Ltd, based in Belfast, UK, is a small, active company founded 25 years ago. With 40 employees and £1,259,969 in assets, it operates from a real address and is overseen by six directors and two owners. The company is a regular importer, specializing in ceramic products, with recent import activity recorded just four months ago.

The company’s website showcases a wide range of building materials, bathroom and kitchen supplies, and workwear – catering to both DIY enthusiasts and trade professionals. It appears to be primarily an e-commerce operation, with no mention of a physical store beyond the listed addresses for its branches. The website’s product categories are extensive, ranging from aggregates and roofing materials to flooring, tiling, and safety equipment. It also offers services like piano restoration and disaster recovery.

Financially, Homefit Group Ltd presents a mixed picture. While bank borrowings have decreased significantly by 41%, overdrafts have risen by 9.3%. Cash reserves have fallen by 29%, and net assets have remained stable. Creditors have decreased by 56%, suggesting improved debt management, while trade debtors have increased by 16%. The company’s small size (meeting two of three criteria for a small company) allows for agility, but the decrease in cash reserves warrants attention. The company’s accounts are unaudited, a common practice for small entities.

The company’s financial data also indicates a decrease in property, plant, and equipment, which could be a sign of investment or depreciation. Despite these fluctuations, Homefit Group Ltd seems to be navigating the market, offering a diverse range of products and services to its customers.

Registered in Northern Ireland under the registration number NI037187, with a registered address at BT17 0LT, Northern Ireland, Belfast, 4 Hannahstown Hill.

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