Elements Kitchens Limited

Elements Kitchens Limited, based in Reading, Berkshire, is a small, active company established 24 years ago. With 31 employees (down from 24 last year), the firm holds £739,498 in assets and boasts a stellar 5.0-star Google rating from 57 reviews. It's a family-run business with two directors and two owners, operating from a real address and regularly importing furniture, lighting, and prefabricated buildings – the latest shipment arriving three months ago in September 2023.

The company’s website showcases a range of British, German, and Italian kitchens, emphasizing bespoke design and professional installations. It offers design consultations and a showroom featuring 16 full kitchen displays. It also sells appliances from leading brands like Miele and NEFF. The website even offers a 100,000 giveaway voucher to celebrate 30 years in business.

Financially, Elements Kitchens Limited is showing some concerning trends. Current assets have fallen by 17%, dropping to £740,000, while net assets have declined by 15%, settling at £550,000. Bank borrowings have increased significantly, up 2,400% to £29,000, and cash reserves have fallen 100% to just £9. Creditors have also decreased by 6.2%, suggesting better debt management. The company meets two of three conditions to be considered small—turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. The lack of cash and the increased borrowing could be due to investment in the business or a temporary dip in sales. As a small company, the accounts are unaudited, relying on the director’s report. The company’s status as a small business means it’s exempt from an audit, and no auditor is mentioned.

Registered in England/Wales under the registration number 04022738, with a registered address at RG30 1EA, Berkshire, 8b Portman Road, Reading.

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