Innovative Home Solutions Ltd

Innovative Home Solutions Ltd, based in Armagh, UK, is a small, active company founded 10 years ago in 2014. It employs a single director and owner and operates an e-commerce site. The company regularly imports furniture, lighting, and prefabricated buildings – three months worth of imports were recorded, the last being in April 2017. It’s a real address, with only one other company registered there, which is a good sign.

The company specializes in the design, build, and interiors of luxurious homes and extensions, catering to both contemporary and traditional tastes. Its website highlights expertise in timber frames, passive house construction, and new builds, emphasizing a commitment to energy efficiency and British craftsmanship. The site also includes a “shop” section, though it currently displays “No products in cart.”

Financially, Innovative Home Solutions Ltd presents a mixed picture. While the company is small, meeting two of three criteria (turnover under £10.2m, assets under £5.1m, fewer than 50 employees), its accounts are seven years overdue and confirmation is three years overdue. Cash bank in hand is a respectable £15,000, but creditors due within one year are significantly higher at £37,000. Net assets are a modest £23,000, and fixed assets are £16,000. There’s been a lot of activity with tangible fixed assets, with additions of £18,000 and depreciation of £2,700. The lack of an auditor is typical for a small company.

The overdue accounts and confirmation statements are a concern, suggesting potential administrative challenges. However, the company’s focus on high-end construction and its online presence suggest a business with potential, even if it's currently navigating some financial hurdles.

Registered in Northern Ireland under the registration number NI626356, with a registered address at BT60 2BH, Armagh, 18 Seagahan Road, Collone.

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