G&e Fires Stoves & Bathrooms Limited

Gande Fires Stoves & Bathrooms Ltd, based in Newcastle Under Lyme, UK, is a small, active company established twelve years ago. With four employees and £229,086 in assets, it operates from a virtual address – fifteen companies registered at the same location – and is overseen by one director and two owners. The company holds a respectable 4.0 Google rating based on 36 reviews, and regularly imports iron or steel products, with the most recent import occurring in October 2024.

The business specializes in the retail sale of electrical household appliances, particularly fireplaces, stoves, and bathrooms. Its website showcases a wide selection of products, ranging from modern to traditional designs, and emphasizes a customer-centric approach with a team of experienced craftsmen. The company also provides installation services and boasts a showroom in Kidsgrove, Staffordshire, covering a wide geographical area.

Financially, Gande Fires Stoves & Bathrooms Ltd’s recent report paints a mixed picture. Current assets have decreased by 23%, dropping to £230,000, while net assets have also declined, falling 1.4% to £100,000. Bank borrowings have significantly reduced by 52%, reaching £9,200, and cash reserves have fallen 24% to £71,000. Creditors have risen considerably, increasing by 28% to £100,000, and trade debtors have decreased by 34%, dropping to £54,000. The company’s small size—meeting two of three conditions for being classified as small—helps with agility, but the rise in creditors suggests a need to manage debt. As a small company, it is exempt from an audit, relying on unaudited statements. The decrease in assets and cash reserves, alongside the rise in creditors, could indicate the company is burning through cash, though it’s not necessarily a cause for alarm.

Registered in England/Wales under the registration number 08478528, with a registered address at ST5 1DS, Newcastle Under Lyme, Staffordshire, Deansfield House, 98 Lancaster Road.

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