Homemonger Limited

Homemonger Ltd, based in Kings Hill, UK, is a small, active company founded seven years ago in 2017. With £13,386 in assets and a real address, it’s a relatively modest operation run by one director and two owners. The company operates an e-commerce site and boasts a perfect 5.0 Google rating based on a single review. It’s a regular importer, primarily of furniture, lighting, and prefabricated buildings, with 9 months of import activity recorded, the last in November 2021.

The company’s website is not available, so it’s difficult to ascertain the precise nature of its online retail operations. However, it appears to be involved in the retail of furniture, lighting, and similar items, potentially catering to a niche market. It also operates in the licensed restaurants industries.

Financially, Homemonger Ltd’s recent performance presents a mixed picture. Current assets have fallen by a significant 78%, dropping to £13,000, while net assets have plummeted 110%, reaching just £4,900. Bank borrowings have decreased slightly, but cash reserves have fallen dramatically by 93%, leaving just £3,100. Creditors have also decreased, suggesting some improvement in debt management. The company meets two of the three criteria to be considered small (turnover under £10.2 million, assets under £5.1 million, fewer than 50 employees), which allows it to avoid more rigorous reporting requirements. No auditor is mentioned, so the financial statements are unaudited.

The sharp decline in equity and cash reserves is concerning, suggesting the company may be burning through money. While the decrease in creditors is a positive sign, the overall financial picture indicates a company facing challenges. The lack of employees (zero reported) suggests a lean operation, but it also limits the company’s ability to scale.

Registered in England/Wales under the registration number 10976792, with a registered address at ME19 4BX, England, Kings Hill, Kent, 21 Woodford Grove.

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