German Kitchens Beverley Ltd

German Kitchens Beverley Ltd, based in Market Rasen, UK, is a small holding company with an active status, having been incorporated nine years ago in July 2015. Despite being active, the company has accounts overdue for two years and confirmation statements overdue for two years, a concerning sign. It employs just five people and holds assets totaling £297,232. Notably, there are no directors listed, and it is owned by a single individual. The company is an irregular importer, primarily dealing in furniture, lighting, and prefabricated buildings, with recent import activity recorded just two months ago.

The company operates in the agents involved in the sale of furniture, household goods, hardware and ironmongery industries. It's classified as a small company, meeting two of the three conditions: turnover less than £10.2 million, balance sheet total less than £5.1 million, and fewer than 50 employees. While it has a real address, it’s worth noting that only five companies are registered there. Cash bank on hand has increased significantly, jumping 590% to £4,000. However, net assets have decreased, and bank borrowings have increased dramatically, suggesting the company is relying more on debt.

The company’s website, German Kitchens for Less, presents a compelling picture of a business focused on providing high-quality German kitchens at affordable prices. It emphasizes transparent pricing, a wide range of styles (modern, handleless, shaker), and a commitment to beating big retailers like Wren and Magnet. The site is filled with glowing customer reviews, highlighting the company's attention to detail, excellent design options, and reliable installation services. The website also features a blog with useful kitchen design tips and inspiration.

Financially, the company's numbers are mixed. While current assets increased by 36%, debtors have also increased significantly, suggesting potential issues with collecting payments. The most concerning trend is the decrease in equity, which could indicate the company is burning through cash. The absence of an auditor mentioned suggests the company is exempt due to its small size, but it also means the financial statements are unaudited. Overall, German Kitchens Beverley Ltd appears to be a small business facing challenges, but its focus on customer service and affordable luxury could help it weather the storm.

Registered in England/Wales under the registration number 09678518, with a registered address at LN8 3HA, Market Rasen, Lincolnshire, Cwg House, Gallamore Lane.

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