Hi-spec Kitchen Designs Ltd

Hi Spec Kitchen Designs Ltd, based in London, UK, is a small, active company established 26 years ago. With six employees and £1,126,927 in assets, it’s a family-run business led by two directors and a solo founder. The company regularly imports furniture, lighting, and prefabricated buildings (17 months of activity) and exports machinery, boilers, and mechanical appliances (9 months).

The company specializes in bespoke kitchen and interior design, showcasing high-end brands like Gaggenau, Miele, and Sub-Zero Wolf on its website. It operates a showroom and caters to both residential and commercial clients, offering services from design consultation to installation. The website highlights a portfolio of projects, including a prestigious contract at The Water House, demonstrating its ability to handle complex and high-profile commissions.

Financially, Hi Spec Kitchen Designs Ltd presents a mixed picture. While cash bank decreased by 7.3% to £820,000, current assets increased by 27% to £1,100,000. However, accumulated amortisation impairment intangible assets rose significantly by 100% to £97,000, and accumulated depreciation impairment property plant equipment increased by 69% to £9,500. Trade debtors surged dramatically by 3,900% to £310,000, which could indicate a reliance on customer payments or expanded credit terms. Equity also declined slightly, decreasing by 22% to £110,000. As a small company, it’s exempt from an audit, and the financial statements are unaudited. It’s a company that’s holding its own, but the increased debtors and intangible asset amortisation are things to keep an eye on.

Registered in England/Wales under the registration number 03664958, with a registered address at SW6 5PZ, England, London, 679 Fulham Road.

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