Ldp Kitchens Ltd

Ldp Kitchens Ltd from Glasgow UK: a small, active company founded 10 years ago, employs 15 people, and holds £274,084 in assets. With two directors and two owners, and a Google rating of 3.0 based on four reviews, it's a local player in the kitchen supply market. The company operates in the retail sale via mail order houses or via internet industries.

The business is a showroom for SieMatic kitchens, a high-end German brand. Its website emphasizes bespoke kitchen design, 3D visualization, and exceptional quality. They offer a luxury showroom experience and arrange consultations, clearly targeting a discerning clientele. The site highlights recent projects and testimonials, showcasing their work and building trust. They even have a blog, which is a nice touch.

Financially, Ldp Kitchens Ltd presents a mixed picture. Current assets grew slightly to £270,000, but cash reserves plummeted a staggering 83%, dropping to just £16,000. Trade debtors increased significantly, rising 56% to £86,000, which could indicate challenges in collecting payments. On a positive note, creditors decreased by 44%, suggesting improved debt management. Equity also declined, dropping 6.7% to -£170,000. The company’s small size helps it stay nimble, but the sharp drop in cash reserves is a concern. The accounts are unaudited, and no auditor is mentioned, which is typical for a small company.

Overall, Ldp Kitchens Ltd appears to be navigating a period of financial strain. While the SieMatic partnership and focus on luxury design are strengths, the company needs to address its cash flow challenges to ensure long-term sustainability.

Registered in Scotland under the registration number SC477658, with a registered address at G20 7LU, Scotland, Glasgow, Block 4, Unit 5 Oakbank Industrial Estate, Oakbank Street.

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