Homescapes Europa Limited

Homescapes Europa Ltd, based in Cradley Heath, UK, is a holding company with an active status, celebrating 24 years in business. Employing 35 people, the company boasts assets of £6,254,033 and operates from a real address. With two directors and two owners, it’s a family business running an e-commerce site and regularly importing and exporting textile products, sets, used clothing, and rags—a combined 584 months of imports and 57 months of exports. It holds a stellar Google rating of 5.0 based on four reviews.

The company’s website is not readily available for review, but its core business appears to be retail sale via mail order and internet. It’s a small operation, with a focus on importing and selling textiles.

Financially, Homescapes Europa Ltd shows some concerning trends. While current assets remain stable at £6,300,000, net assets declined by 6.5% to £4,800,000. Bank borrowings decreased by 40%, dropping to £180,000, and cash reserves fell by 39% to £780,000. Creditors decreased by 15%, suggesting improved debt management. A significant increase in administrative expenses by 25%, reaching £2,800,000, could be a factor in the net loss, which deepened to -£170,000. The company's staff costs increased by 15%, reaching £3,100,000.

The company’s small size means it’s not subject to an audit, and the figures are unaudited. The decrease in net assets, combined with the increased expenses, warrants closer monitoring. However, the ongoing import and export activity, coupled with the positive Google rating, suggests a resilient business model.

Registered in England/Wales under the registration number 04074935, with a registered address at B64 7BY, Cradley Heath, West Midlands, Unit 1, Corngreaves Industrial Estate, Central Avenue.

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