Elite Kitchens (manchester) Ltd

Elite Kitchens Manchester Ltd, based in Swinton, UK, is a small, active company founded 22 years ago. With 10 employees and £768,913 in assets, it’s a well-established player in the local kitchen market. The company, led by two directors and a single owner, boasts a stellar 5.0 Google rating from 18 reviews. It’s an irregular importer, bringing in furniture, lighting, and prefabricated buildings, with the most recent import activity recorded just last month.

The company’s website highlights its focus on bespoke fitted kitchens, serving areas like Manchester, Swinton, Worsley, and Cheshire. It offers a range of services, from design appointments to showroom visits, and emphasizes German engineering and traditional kitchen styles. The site also showcases a portfolio of customer kitchens and provides valuable information on financing options and remodeling projects. It’s clear that Elite Kitchens is targeting homeowners looking to upgrade their kitchens with quality materials and expert installation.

Financially, Elite Kitchens Manchester Ltd presents a mixed picture. While cash reserves increased by 6% to £390,000, net assets declined by 3% to £870,000. Bank borrowings remained relatively stable at £10,000, but trade debtors saw a significant drop of 75%, suggesting customers are paying quicker, or perhaps sales have slowed. Average employee numbers have decreased by 40% to just six, which could be a result of restructuring or changing market conditions. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for flexibility, but the decline in net assets warrants closer attention. No auditor is mentioned, which is typical for a small, exempt company.

Overall, Elite Kitchens Manchester Ltd appears to be a resilient business with a strong reputation. However, the recent financial trends suggest a need to carefully manage costs and maintain sales momentum to ensure long-term success.

Registered in England/Wales under the registration number 04665295, with a registered address at M27 0BE, England, Manchester, 285 East Lancashire Road, Swinton.

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