Burning Inspirations Limited

Burning Inspirations Ltd, based in Milton Keynes, UK, is a small, active company founded 22 years ago. With five employees and £290,853 in assets, it operates from a virtual address – a detail flagged by the fact that eighty-eight companies share the same registration address. The business is run by two directors and two owners, and boasts a respectable 4.0 Google rating from 100 reviews. It’s an irregular importer, with its top import category being Iron or Steel Products, last imported one months ago in April 2022.

The company’s website showcases a fireplace shop specializing in a wide range of products, from gas and electric fires to pizza ovens and outdoor living equipment. It operates a large 5000 square foot showroom, and emphasizes family ownership and expertise in the field. The site highlights a commitment to customer service and a broad selection of products, catering to both contemporary and traditional tastes. It’s clear they’re trying to be a one-stop shop for all things fireplace and outdoor heating.

Financially, Burning Inspirations Ltd presents a mixed picture. Current assets have decreased by 18% to £290,000, while net assets have fallen 13% to £260,000. Cash reserves have seen a significant drop of 47%, now sitting at £96,000. Trade debtors have also decreased by 42%, suggesting improved collection of payments. However, creditors have risen by 30%, which could be a result of increased stock purchases. The company's small size—meeting two of three conditions to be classified as small—helps it remain flexible, but the decline in equity raises some concerns. As a small company, it's likely exempt from an audit, so the figures are unaudited.

Overall, Burning Inspirations Ltd seems to be holding its own, but the recent financial trends suggest it might be burning through cash a little faster than it’s bringing it in. The company’s showroom and established reputation should provide a solid foundation, but keeping a close eye on cash flow will be important going forward.

Registered in England/Wales under the registration number 04591219, with a registered address at MK12 5NN, England, Milton Keynes, 2 Manor Farm Court Old Wolverton Road, Old Wolverton.

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