Kitchen Economy Limited

Kitchen Economy Ltd, based in Cardiff, UK, is a small holding company with an active status, celebrating ten years since its founding in 2015. Employing fifteen people and holding £748,521 in assets, the company operates from a virtual address – a detail worth noting as 113 companies are registered at the same location. It's managed by three directors and has one owner, and boasts a stellar 5.0 Google rating based on 84 reviews. The company runs an e-commerce site and regularly imports iron or steel products, with the latest import occurring in February 2025.

The company's website showcases a wide range of appliances, from cookers and refrigerators to washing machines and dishwashers, catering to both residential and commercial customers. It positions itself as Cardiff’s top supplier of home appliances and white goods, offering a variety of brands like Bosch, Zanussi, and Whirlpool. The site provides online shopping, click-and-collect options, and installation services, emphasizing customer convenience and expert support. It even has a showroom in Roath, Cardiff.

Financially, Kitchen Economy Ltd presents a mixed picture. Current assets have decreased by 16% to £750,000, while net assets remained stable at £550,000. Bank borrowings increased significantly by 2,400% to £29,000, and cash reserves fell 12% to £73,000. Creditors decreased by 36%, suggesting improved debt management. The company’s small size—meeting two of three criteria for being considered small—helps it maintain agility. A notable decrease in trade debtors by 33% could indicate improved collection practices, or possibly a shift in credit terms. With no auditor mentioned, the financial statements are unaudited.

The company's focus on online sales and a strong Google rating suggest a successful e-commerce operation. However, the increased bank borrowings and decreased cash reserves warrant close monitoring. It’s possible that the company is investing in growth, but the trend should be watched carefully to ensure long-term financial health.

Registered in England/Wales under the registration number 09456537, with a registered address at CF23 8AA, United Kingdom, Cardiff, Radnor House Greenwood Close, Cardiff Gate Business Park.

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