Nolte Kitchens Contracts Limited

Nolte Kitchens Contracts Ltd from Wrexham, UK, is a small holding company with an active status, established 17 years ago. The company employs 28 people and holds assets valued at £2,968,591. It has a real address, is managed by two directors, and has one owner. A Google rating of 4.0 based on 18 reviews suggests a positive customer experience, and it's a regular importer of furniture, lighting, and prefabricated buildings, with 50 months of import activity recorded.

The company operates as a kitchen furniture shop in Wales, with a focus on providing online showroom tours and appointment bookings. Its website has moved, and visitors are directed to Nolte Kitchens. Cookies are used to improve the user experience. The company operates in the other building completion and finishing industries.

Financially, Nolte Kitchens Contracts Ltd presents a mixed picture. While turnover remains undisclosed, net assets have decreased by 8.6% to £2.1 million. Cash reserves have fallen by 32% to £360,000, and bank borrowings have increased. Creditors have also decreased by 30%, suggesting improved debt management. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) helps it remain agile. Accumulated Amortisation Impairment Intangible Assets has remained consistent, while Accumulated Depreciation Impairment Property Plant Equipment has increased. Future Minimum Lease Payments Under Non Operating Leases have also decreased. The company is exempt from an audit as a small company, so the financial data is unaudited.

The company's financial data suggests a period of adjustment, with a decrease in cash reserves and a reliance on credit. However, the decrease in creditors indicates a positive trend in managing liabilities. The company's long-term financial health will depend on its ability to maintain customer satisfaction and adapt to market conditions.

Registered in England/Wales under the registration number 06500188, with a registered address at LL13 9UG, Wrexham, Bk House Ash Road South, Wrexham Industrial Estate.

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