Neumann Kitchens Ltd

Neumann Kitchens Ltd from Woking, Surrey UK: a small, active company founded twelve years ago, operates with just two employees and holds £92,557 in assets. It’s a family business with two directors and owners, and a real address registered at Fides House. The company regularly imports furniture, lighting, and prefabricated buildings, with 32 months of import activity recorded, the latest in December 2024.

The company’s core business revolves around the manufacture of other builders' carpentry and joinery, and joinery installation industries. It’s a small company, meeting two of three conditions: turnover under £10.2 million, balance sheet total under £5.1 million, and fewer than 50 employees. Neumann Kitchens Ltd’s website is currently unavailable, making it difficult to assess its online presence and sales channels.

Financially, Neumann Kitchens Ltd shows some concerning trends. Cash bank on hand has dropped significantly by 50%, falling to £50,000. Current assets have also decreased by 33%, down to £93,000. Trade debtors have increased dramatically by 96%, reaching £14,000, which could indicate difficulties collecting payments. However, creditors have decreased by 21%, suggesting improved debt management. Accumulated depreciation impairment property plant equipment has increased by 37%, which is not necessarily a bad thing, but it does show that the company is investing in its equipment. The company's small size and lack of an auditor (likely exempt as a small company) mean the figures are unaudited.

In short, Neumann Kitchens Ltd is facing some financial headwinds. While it maintains a small but active operation, the decline in cash reserves and rise in trade debtors warrant close monitoring. The company’s family ownership and focus on carpentry and joinery installation industries provide a solid foundation, but sustaining growth will require careful management of its finances.

Registered in England/Wales under the registration number 08353736, with a registered address at GU21 5AB, Woking, Surrey, England And Wales, Fides House, 10 Chertsey Road.

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