I.h. Motorhomes Limited

Ih Motorhomes Ltd, based in Knottingley, UK, is a small, active company established 23 years ago. Employing 25 people, it holds £3,192,725 in assets and maintains a real address. With three directors and two owners, the company enjoys a stellar 5.0 Google rating from 63 reviews. It’s a regular importer of furniture, lighting, and prefabricated buildings, with recent activity spanning three months.

The company specializes in crafting luxury motorhomes, converting vans from leading manufacturers like Iveco, VW, and Fiat. Their website showcases a range of models, from compact Fiats to larger Ivecos, emphasizing bespoke designs and high-quality materials. Customers can choose from a variety of fabrics, finishes, and options, allowing for a personalized campervan experience. The site also highlights a used motorhome selection and a long history of craftsmanship, dating back decades.

Financially, Ih Motorhomes Ltd presents a mixed picture. While current assets remain stable at £3,200,000, bank borrowings have decreased significantly by 26%, dropping to £290,000. Cash reserves, however, have fallen by a substantial 59%, leaving just £270,000. Creditors have also decreased, suggesting better debt management. The company’s size—meeting two of three criteria for a small company—allows for agility, but the decline in cash reserves warrants attention. The company’s net assets have increased by 2.3% to £1,500,000. With no auditor mentioned, the financial statements are unaudited.

The company seems to be doing well in terms of customer satisfaction and product quality, but the drop in cash reserves may indicate a need for careful financial planning to ensure long-term sustainability.

Registered in England/Wales under the registration number 04252170, with a registered address at WF11 0BS, Knottingley, West Yorkshire, Great North Road, Ferrybridge.

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