Elite Housewares (uk) Limited

Elite Housewares (uk) Limited, based in Luton, UK, is a small, family-run business with an active status. Founded nineteen years ago in 2006, the company employs nine people and holds substantial assets of £9,913,072. With a real registered address and two directors and owners at the helm, it’s a tightly managed operation. The firm regularly imports various textile products, sets, used clothing, and rags—a total of 352 months of import activity, with the latest operation in February 2025. Its Google rating sits at 3.0 based on 41 reviews.

The company operates in the wholesale of household goods (other than musical instruments) n.e.c. industries. It’s a small business, meeting two of three criteria for size: turnover under £10.2 million, assets under £5.1 million, and fewer than 25 employees. The company’s website is unavailable, making it impossible to determine if it operates an e-commerce site.

Financially, Elite Housewares (uk) Limited presents a mixed picture. Cash bank on hand declined by 19% to £2.6 million, while current assets increased by 20% to £9.9 million. Trade debtors surged by 70% to £5.9 million, and creditors ballooned by 1200% to £1 million—a significant jump. Bank borrowings also increased by 70% to £5.6 million. Equity rose by 8.1% to £9 million. The company's net assets liabilities also increased by 8.1% to £9 million. Plant machinery depreciated by 18%, but total property, plant, and equipment remained stable. The company’s accounts are unaudited, and no auditor is mentioned.

These figures suggest a period of growth, but also increased debt. The rise in debtors could indicate challenges in collecting payments, while the surge in creditors points to increased reliance on short-term financing. The company’s size and family ownership structure likely contribute to its agility, but the financial pressures warrant close monitoring.

Registered in England/Wales under the registration number 05771339, with a registered address at LU1 1XL, Luton, 21 Cosgrove Way.

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