Ideal Kitchen & Bathrooms Limited

Ideal Kitchen & Bathrooms Limited, based in Solihull, UK, is a small, family-run business with an active status, celebrating 20 years since its founding in 2005. Employing just three people, the company holds £225,028 in assets and operates from a virtual address, registered at 4 Highlands Court, Cranmore Avenue – a location shared by 286 other companies. Two directors and two owners, Ahmed Ayaz and Ahmed Sophia, lead the business, which boasts a stellar 5.0 Google rating based on seven reviews. The company is an irregular importer, primarily dealing in furniture, lighting, and prefabricated buildings, with the last import operation recorded two months ago in May 2022.

The company’s website is currently unavailable, making it difficult to assess its online presence or e-commerce capabilities. It's likely that Ideal Kitchen & Bathrooms Limited focuses on offline sales and installations, catering to local customers seeking kitchen and bathroom renovations.

Financially, Ideal Kitchen & Bathrooms Limited presents a mixed picture. Current assets have decreased by 21%, dropping to £230,000, while net assets have plummeted by 84%, settling at just £600. Bank borrowings have also increased, rising by 2,400% to £29,000, and cash reserves have fallen by 29%, leaving just £15,000 available. Creditors have decreased by 13%, suggesting improved debt management. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for flexibility, but the significant drop in equity raises concerns about its financial stability. As a small company, it is exempt from an audit, and the financial statements are unaudited.

The company's financial health appears to be under pressure, although the decrease in creditors suggests some efforts to manage debt. It’s possible that recent investments or increased operating costs have contributed to the decline in equity and cash reserves.

Registered in England/Wales under the registration number 05387407, with a registered address at B90 4LE, England, Solihull, West Midlands, 4 Highlands Court, Cranmore Avenue.

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