House Of Piccadilly Limited

House of Piccadilly Limited is a private limited company registered in England/Wales with the registration number 13736686. The company was founded three years ago on November 11, 2021, and registered at YO30 4GR, England, York. It’s a small company, meeting two of three criteria: turnover under £10.2m, assets under £5.1m, and fewer than 50 employees. The company operates in the wholesale of hardware, plumbing, and heating equipment and supplies industries. Officially, it has one owner, two directors, and four employees.

The company’s website, houseofpiccadilly.com, showcases a range of luxurious bathroom accessories and radiators. It doesn't appear to be a traditional e-commerce site, instead, directing customers to find its products through a network of exclusive stockists. The site emphasizes the importance of experiencing the quality of its products in person, encouraging visits to select retailers. The website also highlights the company’s commitment to British craftsmanship and offers a glimpse into the company’s history and design philosophy.

Financially, House of Piccadilly Limited presents a mixed picture. Current assets increased by 22% to £890,000, which is good, but net assets remained steady at £270,000. Bank borrowings decreased significantly, falling by 100% to just £17—a positive sign. Creditors, however, increased by 680%, reaching £59,000, which could indicate increased reliance on trade credit. Cash reserves also increased by 75%, to £78,000. The company’s small size helps it stay agile, but the increase in creditors warrants further observation. The director of the company has elected not to include a copy of the profit and loss account within the financial statements. With no auditor mentioned, the figures rely on unaudited statements.

Overall, House of Piccadilly Limited appears to be a stable, albeit small, business. The company's focus on high-end products and exclusive distribution suggests a deliberate strategy, but the increase in creditors needs to be monitored closely.

Registered in England/Wales under the registration number 13736686, with a registered address at YO30 4GR, England, York, Construction House, James Nicolson Link.

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