Hotbox Design Ltd

Hotbox Design Ltd, based in Northampton, UK, is a small holding company with an active status, having been established twelve years ago in 2012. The company employs six people and holds assets valued at £408,083. It operates from a virtual address, registered at an address shared by 121 other companies, and is managed by three directors and three owners. Regular imports of leather goods, travel bags, and animal harnesses have been recorded for eight months, with the latest import occurring in December 2024. Exports, primarily of textile products, used clothing, and rags, have been ongoing for twenty-eight months, with the most recent shipment in November 2024.

The company's website showcases a wide range of services related to wood-burning stoves and fireplaces. They offer installation services, a showroom in York, and even provide chimney repairs and bespoke fireplace design. They're also distributors for several brands, including Jydepejsen, and have expanded into outdoor living products like BBQ smokers and wood-fired hot tubs. It's clear they're targeting a market interested in both functionality and aesthetic appeal, with a strong emphasis on quality and British craftsmanship.

Financially, Hotbox Design Ltd’s performance presents a mixed picture. Current assets have fallen by 33% to £410,000, while net assets have also declined significantly, dropping 29% to £430,000. Bank borrowings have increased by a substantial 200%, reaching £180,000, and cash reserves have decreased by 30% to £59,000. However, creditors have also decreased by 72%, suggesting improved debt management. The company’s small size—meeting two of three criteria for a small company—allows for flexibility, but the decline in equity raises questions about its long-term sustainability. As a small company, it's likely exempt from an external audit, so the figures are unaudited.

The company’s focus on wood-burning stoves and fireplaces, combined with a growing range of outdoor living products, indicates a strategy of diversification. Whether this strategy will be enough to offset the financial challenges remains to be seen, but Hotbox Design Ltd appears to be adapting to a changing market.

Registered in England/Wales under the registration number 08322207, with a registered address at NN4 7HD, United Kingdom, Northampton, Century House, 1 The Lakes.

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