Uk Home Living Ltd

Uk Home Living Ltd from Ripon UK is a small company with an active status, founded three years ago in March 2022. It employs five people and holds £71,075 in assets, operating from a real address and managed by three directors and three owners. The company runs an e-commerce site and is involved in retail sale via mail order houses or via internet.

The business’s website showcases a range of home living products, though specific details about its inventory are limited. It appears to be a standard e-commerce operation, focusing on online sales rather than a physical storefront.

Financially, Uk Home Living Ltd presents a mixed picture. While current assets have seen a significant increase of 1200%, jumping to £71,000, bank cash has also surged dramatically, rising 1800% to £15,000. However, creditors have also increased substantially, climbing 900% to £55,000. Equity, which includes retained earnings, has seen a remarkable increase of 11000%, reaching £16,000. The company's small size—meeting two of three conditions for a small company (turnover under £10.2m, assets under £5.1m, fewer than 50 employees)—allows for flexibility, but the substantial increase in creditors suggests a need to manage debt carefully. The company's accounts are abridged and unaudited, and no auditor is mentioned.

The company’s rapid growth in assets and cash is encouraging, but the increased reliance on creditors warrants attention. The company has been trading for 19 months, with no export activity recorded. The directors, Boddy Andrew Dixon, Borchard Graeme Robert, and Gregg Peter John, will need to keep a close eye on cash flow to ensure sustainable growth.

Registered in England/Wales under the registration number 13998585, with a registered address at NE1 8AP, Newcastle Upon Tyne, C/O Begbies Traynor (Central) Llp Ground Floor Portland House, 54 New Bridge Street West.

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