Savings Direct Limited

Savings Direct Limited is a small, active company based in London, UK, founded thirteen years ago in December 2011. With four employees and £362,448 in assets, it operates from a real address on Jessam Ave and is overseen by two directors and one owner. The company regularly imports furniture, lighting, and prefabricated buildings, with 23 months of import activity recorded, the last in August 2024. It primarily engages in retail sales via mail order and internet.

The company's website highlights its focus on providing government grants for energy efficiency upgrades. It guides customers through a simple process: answering questions online, receiving a call from an advisor, undergoing a free home assessment, and receiving installation by trained professionals. The site prominently features testimonials from satisfied customers and lists various qualifying benefits, including Child Tax Credits and Universal Credit. It also offers a 9,000 grant for those not on benefits through Home Energy Scotland.

Financially, Savings Direct Limited presents a mixed picture. Cash bank on hand has decreased significantly by 66%, falling to £78,000. Current assets have also dropped by 22%, settling at £360,000. However, creditors have increased by 65%, reaching £29,000, and trade debtors have surged by 340%, reaching £98,000. Equity has fallen by 24%, settling at £240,000. The company's small size (meeting two of three conditions for a small company) helps it remain flexible, but the decline in cash reserves and equity could indicate financial strain. The lack of an auditor mentioned suggests the company is exempt from an audit as a small company. The company’s financial reports are unaudited.

Registered in England/Wales under the registration number 07891344, with a registered address at E5 9DU, London, 59 Jessam Ave.

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