Ng Bathrooms Limited

Ng Bathrooms Limited, based in Stoke-On-Trent, UK, is a small, active company founded five years ago in 2019. Employing four people and boasting a perfect 5.0 Google rating from 54 reviews, it's a family-run business with two directors and two owners. The company operates from a real address and regularly imports machinery, boilers, and mechanical appliances, with parts imported for the last three months. Its website, ngbathrooms.co.uk, reveals a focus on bathroom renovations and bespoke installations, catering to both residential and commercial clients. The site highlights services like wet room conversions, tiling, and plumbing, emphasizing quality workmanship and customer satisfaction.

While the company’s core business involves bathroom installations, it also operates in the plumbing, heat and air-conditioning installation, and other specialised construction activities industries. It’s a small company, meeting two of three criteria for size: turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. The website suggests a focus on local customers, with testimonials and project photos showcasing completed work in the Stoke-On-Trent area.

Financially, Ng Bathrooms Limited presents a mixed picture. Cash reserves have dramatically increased by 650%, jumping to £13,000, a positive sign of improved liquidity. However, creditors have also risen significantly by 76%, reaching £120,000—a potential concern if not managed carefully. Trade debtors have decreased by 63%, suggesting better collection of payments, but fixed assets have increased by 270%, to £190,000. Equity has seen a massive increase of 1200%, to £38,000. The company's small size means it's likely exempt from an audit, and the figures are unaudited.

The substantial increase in cash and equity, despite rising creditors, suggests the company is growing and reinvesting in its business. However, the increase in creditors should be monitored to ensure it doesn’s become a burden. The company’s success seems to hinge on its reputation for quality work and positive customer reviews—a strong foundation for continued growth.

Registered in England/Wales under the registration number 12306176, with a registered address at ST6 1DY, England, Stoke-On-Trent, Unit 7 The Court House, 72 Moorland Road, Burslem.

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