H2o Bathroom Design Co. Limited

H2o Bathroom Design Co. Limited is a small, family-run business based in Wisbech, Cambridgeshire, UK. Founded 22 years ago in 2002, the company has 10 employees and holds £398,407 in assets. It operates from a real address at 10 Narvik Way, Tyne Tunnel Trading Estate, and is managed by four directors and three owners, including Kelly Sam, Coates Charlotte, and Kelly Martin. The business regularly imports machinery, boilers, and mechanical appliances, with seven months of import activity recorded, the latest in April 2024.

The company specializes in fitted kitchens and bathroom installations, offering a full-service approach from design to installation. It boasts a skilled fitting team that handles plumbing, plastering, tiling, and carpentry, eliminating the need for customers to source trades separately. H2O Kitchen and Bathroom Designs also provides kitchen appliances from brands like Neff, Bosch, and Blanco. The website highlights a commitment to customer satisfaction and British craftsmanship, with a showroom in Wisbech and a focus on creating dream kitchens and bathrooms.

Financially, H2o Bathroom Design Co. Limited shows some concerning trends. Current assets decreased by 12% to £400,000, while net assets fell 4.8% to £120,000. Bank borrowings dropped by 28% to £22,000, and cash reserves declined 5.3% to £330,000. Trade debtors saw a significant decrease of 42%, which could indicate improved collections, but creditors also fell by 28%, suggesting a need to manage supplier relationships carefully. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) helps it remain flexible, but the decline in equity warrants attention. With no auditor mentioned (likely exempt as a small company), the unaudited figures rely on director-reported data.

In short, H2o Bathroom Design Co. Limited is navigating a period of change. While its website and service offerings suggest a focus on quality and customer satisfaction, the financial data hints at potential challenges. Whether the company can sustain its growth and profitability remains to be seen, but its family-run structure and commitment to British craftsmanship provide a solid foundation.

Registered in England/Wales under the registration number 04572401, with a registered address at NE29 7DE, United Kingdom, North Shields, 10 Narvik Way, Tyne Tunnel Trading Estate.

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