Ethernet to I2C Converter with node red

Hi everyone and apologies in advance, as i know some of these topics have been covered already.
I have been using the NCD5500 Ethernet Module to control some relays with N button software and everything’s works great.
I now need alot more inputs and i need a gui.
Im looking to use Ethernet to I2C Converter with node red.
I will need to control 8 relays, monitor the current on each channel, water detect, temperature and compass. All of the individual boards are available to connect with I2C on the NCD website.
Is this possible with node red?
If not then im open to any ideas and help.
Thanks in advance