Cooks Appliance Centre Limited

Cooks Appliance Centre Ltd, based in Newark, UK, is a large company holding a significant position in the appliance retail sector. Established 24 years ago, in 2000, the company employs 20 people and boasts assets of £11,941,955, generating a yearly revenue of £15,573,431. It operates as a holding company and has three directors, one owner, and a real address, with a Google rating of 4.0 based on 65 reviews. The company runs an e-commerce site and regularly imports furniture, lighting, and prefabricated buildings (for six months), while exporting electrical machinery and equipment (for thirteen months).

The company’s website showcases a vast selection of kitchen appliances, from range cookers and ovens to refrigerators and washing machines, catering to a wide range of brands. It's clear that the business focuses on both freestanding and built-in appliances, offering a comprehensive range for consumers. The site’s extensive product categories and detailed descriptions suggest a well-established online retail operation.

Financially, Cooks Appliance Centre Ltd presents a mixed picture. While turnover remains strong at £15.6 million, several key metrics show concerning trends. Accrued liabilities have decreased significantly, by 48%, which could indicate tighter financial management, but deferred income has also fallen by 11%. More worryingly, cash bank on hand has decreased by 12% to £4.4 million. Bank borrowings have increased by 73%, reaching £2.9 million, and net assets have risen by a substantial 19% to £11 million. Despite these changes, the company’s administrative expenses have increased by 19%, suggesting rising operational costs. The company’s creditors have decreased by 16%, which is a positive sign. The company’s auditors, Duncan & Toplis Audit Limited, have given their opinion on the company's financial statements.

The company's size, meeting two of three criteria for a large company, suggests it's navigating a competitive market. The decrease in cash reserves and increase in borrowings, however, may indicate a need for careful financial planning. The rise in administrative expenses could be due to increased marketing efforts or rising salaries, but it’s something to monitor closely.

Registered in England/Wales under the registration number 04043156, with a registered address at NG24 2FB, England, Newark, Nottinghamshire, Cook House, Brunel Drive.

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