Household Spares Limited

Household Spares Ltd from Sutton UK: a small, active company founded thirteen years ago, employs four people, and holds £67,630 in assets. Operating from a virtual address—registered at an address shared by twenty-five other companies—it’s run by two directors and two owners. The business runs an e-commerce site and regularly imports electrical machinery and equipment, with five months of import activity recorded.

The company’s website, Spares4homes, specializes in appliance spare parts, offering a wide range of components for ovens, washing machines, dishwashers, and more. It emphasizes excellent customer service and speedy delivery, catering to both individual customers and commercial clients. The site even offers a range of cleaning products and tool parts, expanding its offerings beyond just spare parts.

Financially, Household Spares Ltd shows a mixed picture. While current assets have increased by 27% to £68,000, net assets have sharply decreased by 78% to just £110. Creditors have also risen by 28% to £68,000, and bank borrowings have increased by 85% to £20,000. Cash reserves have fallen 37% to £27,000. The company’s small size—meeting two of three conditions for being classified as small—helps it remain flexible. With no auditor mentioned, the financial statements are unaudited.

The company’s reliance on a virtual address and the decline in equity raise questions about its long-term stability, but its active e-commerce presence and regular import activity suggest it’s still operational.

Registered in England/Wales under the registration number 07881210, with a registered address at SM1 2NB, Sutton, Surrey, 41 Oldfields Road.

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