Renovations Team Ltd

Renovations Team Ltd, based in London, UK, is a small, active family business established five years ago. With two employees and £94,535 in assets, the company operates from a real address and is managed by two directors and owners. Boasting a stellar 5.0 Google rating from 33 reviews, it’s a well-regarded local operation. The company is an irregular importer, primarily dealing in furniture, lighting, and prefabricated buildings, with the last import occurring one month ago in November 2023.

The company’s website highlights its specialization in a range of renovation services, including bathrooms, kitchens, basements, extensions, loft conversions, and structural glazing. It emphasizes a Feng Shui-inspired approach to design, aiming to enhance the feeling of living space and wellbeing. The website also promotes its work with commercial lots, showcasing a vision that combines elegance with modern design. They offer free consultations and encourage potential clients to reach out via phone or email.

Financially, Renovations Team Ltd presents a mixed picture. While cash reserves increased by a substantial 960% to £45,000, net assets decreased by 37% to £15,000. Creditors also rose significantly, increasing by 29% to £88,000, and other taxation and social security payable jumped 64% to £50,000. The company’s employee count increased by 50% to three, suggesting growth in operations. The company’s small size—meeting two of three criteria for a small company—helps maintain agility, but the decline in equity warrants attention. As a small company, it's exempt from an audit, so the financial statements are unaudited. It's clear that the company is facing some financial pressures, but the positive Google reviews and range of services suggest a strong foundation for future growth.

Registered in England/Wales under the registration number 12528974, with a registered address at SW18 1TF, United Kingdom, London, 517 Old York Road, Wandsworth Town.

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