Hot Tub Assist Ltd

Hot Tub Assist Ltd from Braintree UK: a small, active company founded sixteen years ago, employs twenty-nine people, and holds £844,436 in assets. It operates from a virtual address, managed by five directors and four owners, and enjoys a perfect 5.0 Google rating based on 225 reviews. The company regularly imports electrical machinery and equipment, with 172 months of import activity recorded.

The company’s website, servicehottubassist.co.uk, positions itself as experts in hot tub installation, maintenance, and repair, specializing in HotSpring spas. It offers delivery, moves, repair services, extended warranties, and a range of chemicals, parts, and accessories. The site emphasizes skilled technicians, factory-approved training, and a team passionate about hot tubs – many of whom own them themselves. The company even boasts a showroom in Harrods, London.

Financially, Hot Tub Assist Ltd shows some mixed signals. Current assets decreased by 5.7% to £840,000, while net assets increased slightly to £750,000. Bank borrowings decreased by 41%, suggesting better debt management, and cash reserves remained stable at £490,000. Creditors decreased by 19%, and trade debtors dropped by 21%, which is good. However, the company’s net losses deepened, and 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 agile. With no auditor mentioned (likely exempt as a small company), the figures rely on unaudited statements.

In short, Hot Tub Assist Ltd seems to be holding its own, but the deeper losses raise questions about future profitability. The company’s focus on HotSpring spas and skilled service, however, provides a strong foundation for continued success.

Registered in England/Wales under the registration number 06766519, with a registered address at CM77 8YG, United Kingdom, Braintree, Essex, 1st Floor 11 Freeport Office Village, Century Drive.

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