Northern Diy Ltd

Northern DIY Ltd from Ilkley UK is a small, active company founded just three years ago. It operates as a family business with an e-commerce site, offering custom garden cabins, lodges, and related structures. The company, which has two directors and two owners, holds £59,651 in assets and uses a virtual address registered at a shared office space, a common practice for smaller businesses.

The company specialises in retail sale via mail order houses or via internet, offering a wide range of garden buildings, from log cabins and summerhouses to BBQ cabins and glamping pods. Their website showcases a diverse selection of products, including bespoke designs and even a service for restoring damaged pianos—a surprising diversification that suggests a broader range of skills within the business. They also provide finance options and even have a partnership with the Park Home Holiday Park Association.

Financially, Northern DIY Ltd’s picture is somewhat mixed. While cash bank on hand increased by 21% to £24,000, creditors decreased by 4.9% to £56,000. However, net current assets liabilities increased dramatically, jumping 9100% to £3,600—a significant shift. Debtor amounts also rose sharply, by 70% to £6,800, which could be a result of increased sales or a change in payment terms. Equity increased by a whopping 460%, reaching £4,100, a positive sign. The company's small size—meeting two of three criteria for being classified as small—allows for flexibility, but the increase in liabilities warrants attention. As a small company, it’s exempt from an audit, so the financial statements are unaudited.

The company’s diversification into piano restoration, while intriguing, could be a source of both opportunity and risk. It’s clear they are a family-run business with a wide range of skills, but whether they can manage these different ventures successfully remains to be seen.

Registered in England/Wales under the registration number 13920197, with a registered address at LS29 8AL, England, Ilkley, Suite 1.07, International Development Centre, Valley Road.

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