Md Kitchens Limited

Md Kitchens Limited, based in Accrington, UK, is a small, active company founded seven years ago. It employs two people and holds £44,087 in assets. Despite a 5.0-star Google rating from nine reviews, the company is currently facing challenges, with overdue accounts and confirmation statements stretching back two years. It’s a solo-founded operation managed by one director and owner, Hussain Faisal. The company is a irregular importer, with its top import category being None, totaling 2 months of imports. The last import operation was conducted on April 2021.

The company’s website, MD Kitchens Bedrooms, focuses on bespoke carpentry, kitchen, and bedroom design and installation serving Staffordshire and Cheshire. They offer a wide range of door styles and colors, high-quality fittings, and project management services. The website emphasizes over 17 years of carpentry experience and a commitment to quality craftsmanship. They even offer a design visit service and have a dedicated contact form for custom quotes.

Financially, Md Kitchens Limited's situation appears precarious. Net assets have plummeted a staggering 800%, landing at -£20,000. Cash reserves have also decreased, falling 14% to £1,600. Creditors have increased significantly, rising 140% to £87,000, suggesting a reliance on borrowed funds. While trade debtors have increased by a substantial 680%, indicating a potential cash flow issue, current assets have improved by 330% to £44,000. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) means it is exempt from an audit, and the figures are unaudited. The number of employees has decreased by 50%, from two to one.

It's clear that Md Kitchens Limited is facing financial pressures, despite its positive online reputation and commitment to quality. Whether the company can overcome these challenges remains to be seen.

Registered in England/Wales under the registration number 10891289, with a registered address at BB5 0LG, England, Accrington, Unit 4 Charter Street.

WARNING: The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.
Ports, countries, transport, and price/kg were calculated by CorpSignals; non-official data, may contain errors.