Old House Store Limited

Old House Store Ltd from Reading UK: a small holding company with an active status, was founded 24 years ago in 2000. It employs just two people and holds £203,647 in assets. The company has a real address, is managed by seven directors, and has one owner. It operates an e-commerce site and enjoys a stellar 5.0 Google rating based on 20 reviews. It's a regular importer of paper and paperboard products, with three months of import activity recorded.

The company’s website, Old House Store, specializes in traditional building materials, offering a wide range of products from lime plasters and mortars to boards and ironmongery. It delivers throughout the UK and caters to both restoration projects and smaller repairs. The site highlights the benefits of using lime and provides advice and specifications, reinforcing its position as a specialist supplier. It even has a blog with articles on topics like lime mortar and environmentally friendly paint choices.

Financially, Old House Store Ltd presents a mixed picture. While current assets increased by 25% to £200,000, net assets grew by a more modest 9.4% to £130,000. Bank borrowings increased by a substantial 440%, reaching £58,000, while cash reserves also jumped by 440% to £58,000. Trade debtors remained relatively stable, suggesting consistent payment collection. 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 it to remain flexible. The accounts are unaudited, likely due to its status as a small company.

The sharp increase in bank borrowings, however, warrants attention. While it could be funding growth or purchasing inventory, it also suggests potential cash flow pressures. The company’s success hinges on maintaining its strong online reputation and capitalizing on the growing demand for traditional building materials.

Registered in England/Wales under the registration number 04027193, with a registered address at RG4 5BY, Reading, Berkshire, Unit 2 Paddock Road, Caversham.

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