Lundin Homes Limited

Lundin Homes Ltd from Glenrothes UK: a small company with an active status, founded 15 years ago, employs 15 people, and holds £4,271,690 in assets. It has a real address, two directors, and two owners, boasting a Google rating of 4.0 based on one review. The company is an irregular importer of furniture, lighting, and prefabricated buildings, with import activity spanning two months.

Lundin Homes is a family-owned construction company specializing in residential and construction projects. Based in Fife, Scotland, the company has built up a wealth of experience over the last 15 years, delivering projects of differing scales. It builds homes offsite at its Glenrothes factory, emphasizing quality design, materials, and finishes. Customers can choose from a wide range of materials and layouts, and the company directly employs a full range of trades to ensure high-quality products. The website highlights a focus on design and build project management, offering bespoke homes and residential developments. It invites potential clients to “build together” and encourages inquiries.

Financially, Lundin Homes shows some interesting trends. Cash reserves increased significantly, jumping 580% to £1.9 million, which is good news. However, net assets also rose sharply, increasing 140% to £1.7 million, which might indicate increased borrowing. Trade debtors have ballooned by 190%, suggesting customers are taking longer to pay. Creditors also increased substantially, rising 440% to £2.3 million. While the company meets the criteria for a small company (turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees), the increase in debt could be a cause for concern. The company’s accounts are unaudited, so the figures rely on director-reported data. The company’s financial statements do not mention an auditor.

Registered in Scotland under the registration number SC368990, with a registered address at KY7 6JG, Glenrothes, Fife, 6 Bankhead Avenue.

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