Elfin Kitchens Limited

Elfin Kitchens Ltd from Colchester UK: a small, holding company with an active status, was founded nineteen years ago. It employs six people and holds £1,087,505 in assets, operating from a real address. Two directors and one owner manage the business, which regularly imports furniture, lighting, and prefabricated buildings (61 months of imports, the last in February 2025) and exports electrical machinery and equipment (4 months of exports, the last in March 2024).

The company’s core business involves non-specialised wholesale trade, a broad category that suggests a flexible approach to sourcing and distribution. It’s a small company, meeting two of three conditions: turnover less than £10.2 million, balance sheet total less than £5.1 million, and fewer than 50 employees. The company’s website isn’t available, making it difficult to determine if it operates an e-commerce site or relies solely on wholesale channels.

Financially, Elfin Kitchens Ltd presents a mixed picture. Current assets have fallen by 15% to £1,100,000, while net assets have dropped by 33% to £460,000. Bank borrowings have increased by 39%, reaching £69,000, and cash reserves have declined by 33% to £490,000. Creditors have risen by 19%, and trade debtors have fallen by 9%. The company’s equity has also declined significantly, dropping 33% to £460,000. The increase in bank borrowings and decrease in cash reserves could indicate that the company is burning through money, perhaps investing in inventory or expansion. The rise in creditors suggests the company is relying more on credit from suppliers.

The company’s financial statements are unaudited, likely due to its small size. While the decrease in assets and cash reserves is concerning, the company's ability to maintain import and export activity suggests it is still operational. The rise in bank borrowings could be a sign of a temporary setback or a strategic move to fund growth. It's clear that Elfin Kitchens Ltd is navigating a challenging financial landscape, but its established import/export history and small size may help it weather the storm.

Registered in England/Wales under the registration number 05709783, with a registered address at CO3 4QX, Colchester, Essex, Elfin House, 3 Pedders Close.

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