Exact Kitchens Limited

Exact Kitchens Limited, based in Wokingham, UK, is a small, family-run business with an active status. Established 21 years ago in 2003, the company employs just three people and holds £692,996 in assets. It operates from a real address and is managed by two directors and two owners. The business enjoys a stellar 5.0 Google rating from 78 reviews and regularly imports furniture, lighting, and prefabricated buildings—with three months of import activity recorded as of February 2024.

The company’s website, while not providing extensive details, indicates a focus on kitchen renovations and related services. It operates in the other building completion and finishing industries, suggesting a hands-on approach to kitchen design and installation. The site doesn't explicitly showcase e-commerce functionality, implying a more bespoke, client-facing business model.

Financially, Exact Kitchens Limited presents a mixed picture. Current assets increased by 24% to £690,000, while net assets grew by 26% to £480,000. However, trade debtors have risen significantly by 330%, reaching £29,000, which could indicate challenges in collecting payments. Bank borrowings have decreased slightly, and cash reserves have increased by 20% to £650,000. 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 agility, but the rise in debtors warrants attention. As a small company, it is exempt from an audit, so the figures are unaudited.

Overall, Exact Kitchens Limited seems to be in a reasonably healthy position, although the increase in outstanding debts should be monitored. The family-run nature and positive customer reviews suggest a strong foundation, but continued attention to financial management will be crucial for long-term success.

Registered in England/Wales under the registration number 04831987, with a registered address at RG40 4PJ, Wokingham, Berkshire, Unit 6 Barkham Grange Barkham Street, Barkham.

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