Express Worktops Limited

Express Worktops Ltd, based in Sheffield, UK, is a small, active company founded nine years ago. With 12 employees and £1,253,870 in assets, it’s a real address operation managed by three directors and one owner, currently enjoying a stellar 5.0 Google rating from 48 reviews. The company is an irregular importer, primarily dealing in soaps, cleaning products, and waxes, with the last import activity recorded one month ago in September 2023.

The company’s website showcases a focus on kitchen worktops, offering granite, quartz, and ceramic options. It positions itself as a provider of “simple and affordable” worktops, emphasizing both traditional and modern styles. The site highlights partnerships with trusted providers and encourages customers to get a quote. It also features a blog section, suggesting a desire to engage with potential customers.

Financially, Express Worktops Ltd shows some interesting trends. Property, plant, and equipment have increased significantly, by 95%, while cash reserves have decreased by 50% to £44,000. Bank borrowings have also surged, increasing by 200% to £30,000. Creditors have decreased by 23%, suggesting improved debt management. The company’s size (meeting two of three criteria for a small company) allows for flexibility, but the decline in equity is noticeable. The accounts are unaudited, a common practice for small companies.

The increase in property, plant, and equipment suggests potential investment in the business, perhaps to expand production or improve efficiency. However, the drop in cash and rise in bank borrowings could indicate tighter cash flow management. The company’s reliance on irregular imports, as well as the recent changes to the director and owner lists, might also be factors to consider. Overall, Express Worktops Ltd appears to be navigating a period of change, with both opportunities and challenges ahead.

Registered in England/Wales under the registration number 10128201, with a registered address at S13 9WA, England, Sheffield, Unit 5 Iron Bridge Industrial Estate, Retford Road.

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