Leicester Fireplace Centre Limited

Leicester Fireplace Centre Limited, based in Leicester, UK, is a small, active company established 17 years ago. With a single employee and £33,259 in assets, it's a solo founder's venture overseen by two directors. The company operates in the retail sale via mail order houses or via internet industries and is an irregular exporter, with its top export categories including Furniture, Lighting, and Prefabricated Buildings, totaling 1 of months exports. The last export operation took place on February 01, 2024.

The company's website, Heritage Fireplace Centre, showcases a vast selection of antique and reproduction fireplaces—from Georgian and Victorian styles to Art Deco and Arts and Craft designs. It offers everything from complete fireplaces to inserts, surrounds, and accessories, catering to both residential and commercial clients. The site emphasizes restoration expertise, a showroom with hundreds of original fireplaces, and delivery services throughout the UK. It’s clear the business focuses on high-end, heritage products, with a strong emphasis on craftsmanship and restoration.

Financially, Leicester Fireplace Centre Limited presents a mixed picture. Cash bank on hand increased by a modest 1.7% to £19,000, but trade debtors surged by 29%, reaching £6,500—potentially indicating delayed customer payments. Creditors decreased by 45%, suggesting improved debt management, but net assets increased by 640%, to £17,000, which is a significant change. Property, plant, and equipment decreased by 25%, to £450. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for flexibility, but the increase in debtors should be monitored. No auditor is mentioned, which is likely due to the company's small size and exemption from an audit.

Overall, Leicester Fireplace Centre Limited appears to be holding its own, capitalizing on a niche market with a focus on heritage and restoration. However, the increase in debtors warrants attention, and the company's long-term financial health will depend on maintaining a steady flow of customers and managing its debts effectively.

Registered in England/Wales under the registration number 06552610, with a registered address at LE2 5DL, England, Leicester, Harborough House No. 1 London Road, Oadby.

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