Esp Bathrooms Limited

ESP Bathrooms Ltd from Preston UK: small company, holding company, active status, founded 33 years ago, 41 employees, £2,003,272 assets, real address, 5 directors, 1 owner, google rating 4.0 based on 54 reviews. Regular importer of furniture, lighting, and prefabricated buildings (102 months imported). It’s a small company as it met two conditions of three: turnover less than £10.2 million, balance sheet less than £5.1 million, employees less than 50.

ESP Bathrooms Ltd operates as a wholesale supplier of hardware, plumbing, and heating equipment, catering to both commercial and residential customers. The company's website highlights a focus on design and transformation, offering services from initial planning and bespoke design to installation. A new Tile Gallery has been established, showcasing exclusive ranges and collections, and the business encourages customers to visit its showrooms and meet the team. ESP Bathrooms also offers a range of services including kitchen and bathroom design, and has a showroom in Preston.

Financially, ESP Bathrooms Ltd presents a mixed picture. Current assets decreased by 12% to £2 million, while net assets remained stable at £1.9 million. Bank borrowings decreased by 26% to £28,000, and cash reserves fell by 28% to £240,000. Creditors decreased by 26%, suggesting improved debt management. However, the increase in average employees from 41 to 43, along with a 20% drop in trade debtors, may indicate expanding operations but also potential challenges in collecting payments. The company’s small size and lack of an auditor (likely exempt as a small company) means the figures are unaudited.

The company’s financial data shows a trend of declining profitability. Net losses deepened from -£10,000 to -£23,000, while cash reserves plummeted 71% to just £4,100. Trade debtors ballooned by 890%, suggesting delayed customer payments or expanded credit terms, and creditors rose 35% to £34,000. The company’s small size and lack of an auditor (likely exempt as a small company) means the figures are unaudited.

Registered in England/Wales under the registration number 02620316, with a registered address at PR1 1PE, England, Preston, Thorn Buildings, Kent Street.

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