Flames Of Richmond Ltd

Flames Of Richmond Ltd, based in Twickenham, UK, is a small, active company founded eight years ago in 2016. With six employees and £160,409 in assets, it operates from a real address and is led by two directors and one owner. The company runs an e-commerce site and enjoys a stellar 5.0 Google rating from 24 reviews. It’s an irregular importer, with its top import category being Iron or Steel Products, with just one month of imports recorded as of April 2022.

The company’s website highlights its focus on fireplaces, offering a range of wood, gas, electric, and media wall options, as well as outdoor fireplaces and mantels. It provides full supply and installation services and boasts a showroom in Richmond. Testimonials praise the company's expertise, professionalism, and helpfulness, with customers highlighting the quality of products and service. It's clear that Flames Of Richmond Ltd aims to be a one-stop shop for fireplace needs, offering advice and guidance to customers.

Financially, Flames Of Richmond Ltd’s recent performance presents a mixed picture. Current assets decreased by 12%, dropping to £160,000, while net assets increased by 160%, reaching £55,000. Bank borrowings decreased by 13%, falling to £44,000, and cash reserves dropped by 30%, settling at £40,000. A significant increase in company contributions to money purchase plans—a 1100% jump to £3,400—is noticeable, which could indicate investment in employee benefits. Trade debtors decreased by 43%, suggesting improved collection of payments. The company meets the criteria to be considered small, with turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. As a small company, it is exempt from an audit, so the figures are unaudited.

Overall, Flames Of Richmond Ltd appears to be navigating challenges, with a decline in cash reserves offset by improvements in debt management. The company's focus on customer service and its niche fireplace market could help it sustain its position in the market.

Registered in England/Wales under the registration number 10410468, with a registered address at TW1 1BZ, England, Twickenham, Flat 3 121 Whitton Road.

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