Ihelios Living Reinvented Ltd

Ihelios Living Reinvented Ltd, based in Hull, UK, is a small, active company founded three years ago. With just two employees and £168,544 in assets, it operates as an e-commerce business, boasting a stellar 5.0 Google rating from 18 reviews. The company has one director and one owner, and is registered at a real address shared by two other companies. It’s an irregular importer, primarily bringing in electrical machinery and equipment, with the last import activity occurring two months ago in November 2022.

The company’s website showcases a focus on infrared heating solutions, particularly electric infrared heating film for homes and businesses. It highlights features like multi-zone control, eco-friendliness, and smart home integration, even offering installation services. The site emphasizes the benefits of infrared heating compared to traditional radiators, promoting its efficiency and health benefits. It also has a blog with articles about humidity, safety, and energy efficiency, reinforcing its expertise in the heating sector.

Financially, Ihelios Living Reinvented Ltd presents a mixed picture. While cash reserves increased by a respectable 900%, rising to £900, bank borrowings increased by a significant 28%, reaching £5,500. Creditors also increased by 77%, reaching £140,000, which could indicate increased supplier payments. Debtors, however, ballooned by 130%, reaching £99,000—a concerning trend suggesting potential issues with customer payments. Despite this, net assets increased by 18%, reaching £28,000. The company’s small size (meeting two of three conditions for a small company) means it’s likely exempt from an audit, and the figures are unaudited.

The company’s growth in assets and cash is positive, but the increase in debt and the surge in debtors are worth monitoring. It seems like Ihelios Living Reinvented Ltd is expanding its business, but needs to keep a close eye on its cash flow and customer payments to ensure long-term financial stability.

Registered in England/Wales under the registration number 13991219, with a registered address at HU2 9AE, United Kingdom, Hull, The Old Brass Foundry, Marlborough Terrace.

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