Kent Smart Homes Limited

Kent Smart Homes Limited, based in Rochester, UK, is a small, active company founded seven years ago. With two employees and £90,000 in assets, it's a solo-founded venture led by two directors and a single owner. The company operates from a real address and is an irregular importer, bringing in furniture, lighting, and prefabricated buildings—just one month’s worth imported as of February 2024.

The company's website, Complete Smart Home Solutions, showcases a focus on smart home automation services. They install and integrate systems from brands like Control 4, Lutron, and Sonos, offering solutions ranging from lighting control and audio-visual systems to security and data WiFi. Their services cater to both residential and commercial clients, emphasizing expertise and a commitment to streamlining lifestyles. The site highlights a combined 30 years of experience and a focus on staying ahead of technological changes.

Financially, Kent Smart Homes Limited has experienced a significant downturn. Current assets have dropped by 51%, settling at £90,000, and net assets have plummeted 55%, reaching £73,000. Cash reserves have also decreased considerably, falling 54% to £80,000. Creditors have decreased slightly, but bank borrowings have increased, suggesting the company is relying more on debt financing. The company meets two of three criteria to be considered small, with turnover less than £10.2m, balance sheet total under £5.1m, and fewer than 50 employees. As a small company, it's exempt from an audit.

While the company’s website projects a professional image and a focus on high-end smart home solutions, the financial data reveals a concerning trend. The decrease in assets and cash reserves, combined with increased borrowing, suggests the company is burning through money. It’s likely the company is facing challenges managing its cash flow, although the decrease in creditors is a positive sign.

Registered in England/Wales under the registration number 10942113, with a registered address at ME1 3SR, England, Rochester, 41 Monkwood Avenue.

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