Invertay Homes Limited

Invertay Homes Ltd from Dundee UK is a small company with an active status, founded eleven years ago in 2013. Employing fourteen people, it holds £972,981 in assets and operates from a real address at DD5 3RX, Scotland. The company is led by three directors and owned by two individuals, Pratt Michael Thomas and Wighton Edward. It’s a regular importer, primarily bringing in miscellaneous metal items, with recent import activity recorded three months ago.

The company’s website showcases InverTay Homes as a developer focused on making homes affordable. It highlights energy efficiency, sustainable practices, and compliance with building standards. InverTay Homes aims to reduce monthly energy bills for buyers, offering homes registered for Help to Buy and First Home Fund schemes. The site also promotes its commitment to using sustainable materials and minimizing environmental impact. It's clear they are trying to build a brand around value and quality.

Financially, Invertay Homes Ltd shows a mixed picture. Current assets have increased by 45% to £970,000, while net assets have decreased by 37% to -£130,000. Bank borrowings have decreased significantly by 56% to £59,000, and cash reserves have increased by 300% to £3,800. Creditors have increased by 32% to £810,000. The company meets the criteria to be considered small, with turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. Despite the negative equity, the increase in current assets suggests improved liquidity, although the reliance on creditors is notable. As a small company, it’s exempt from a full audit, so the financial statements are unaudited. The company's financial statements were prepared by CCH Software.

Registered in Scotland under the registration number SC453078, with a registered address at DD5 3RX, Scotland, Dundee, Unit 3 (Invertay) Pearce Avenue, Broughty Ferry.

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