Montpellier Domestic Appliances Limited

Montpellier Domestic Appliances Ltd from Tewkesbury, UK, is a large, active company founded ten years ago. Employing fourteen people, the company boasts assets of £10,650,216 and yearly revenue of £20,635,002. It’s a family business with three directors and three owners, operating from a real address and running an e-commerce site. Regular importer of machinery, boilers, and mechanical appliances; parts (214 months imported), and irregular exporter of electrical machinery and equipment (1 months exported). The company’s Google rating is a slightly concerning 2.0 based on eighty-five reviews.

The company’s website showcases a wide range of appliances, from refrigeration to cooking and laundry, with a strong emphasis on retro styles and colours. They offer both online sales and a network of stockists, including national retailers like Currys and Robert Dyas. The site also highlights the company's 50 years of experience, particularly in the piano restoration division, which operates separately and even has a presence in Harrods.

Financially, Montpellier Domestic Appliances Ltd shows some interesting trends. Administrative expenses have increased significantly by 41%, and bank borrowings have decreased by 31%, which is good news. However, cash bank on hand has increased by 14%, and accrued liabilities have decreased by 46%, which could indicate some financial pressure. The company’s net assets have increased by 35%, and turnover has decreased by 12%, which is a bit of a mixed bag. The company is meeting two of three conditions to be considered large, and the lack of auditor information suggests that the financial statements are unaudited.

Overall, Montpellier Domestic Appliances Ltd appears to be a well-established, family-run business navigating a competitive market. The company’s focus on retro styles and its dual business model (appliances and pianos) provide diversification, but the financial data suggests a need for careful management to ensure long-term stability.

Registered in England/Wales under the registration number 09158049, with a registered address at GL20 8JU, England, Tewkesbury, Gloucestershire, Unit 1 Tewkesbury Retail Park, Northway Lane.

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