Gas Appliance Superstore Limited

Gas Appliance Superstore Limited, based in Poole, Dorset, is a small, active family business established 26 years ago. With seven employees and £346,514 in assets, it operates from a real address and is overseen by three directors and two owners. The company regularly imports electrical machinery and equipment, with recent activity recorded in July 2024. Its core business involves the retail sale of electrical household appliances in specialised stores, with a significant online presence showcasing fireplaces, boilers, and cooking appliances.

The website highlights a wide range of products, from gas and electric fires to cooking appliances and accessories. Many items are on display in the showroom, and the site emphasizes brands like Gazco, Faber, and Celsi. It also offers installation and servicing options, catering to both supply-only and full-service customers. The site’s blog features news and design inspiration, reinforcing its position as a specialist retailer.

Financially, Gas Appliance Superstore Limited presents a mixed picture. Current assets have decreased by 19%, falling to £350,000, while net assets have also dropped by 10%, settling at £330,000. Cash reserves have seen a 14% reduction, now standing at £250,000. Debtor levels have fallen significantly by 49%, which could indicate improved collection practices, or potentially a decrease in sales. Creditors have also decreased by 20%, suggesting better management of short-term liabilities. The company’s small size—meeting two of three criteria for being classified as small—allows for flexibility, but the decline in equity raises questions about its long-term financial health. With no auditor mentioned, the financial statements are unaudited.

Overall, Gas Appliance Superstore Limited appears to be navigating a period of change. While the online presence and product range remain strong, the financial data suggests a need for careful management and a focus on maintaining profitability.

Registered in England/Wales under the registration number 03593282, with a registered address at BH12 4AX, Dorset, 186 Alder Road, Poole.

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