Norfolk Trade Kitchens Ltd

Norfolk Trade Kitchens Ltd, based in Great Yarmouth, UK, is a small, active company founded two years ago. With a single employee and £56,755 in assets, it’s a family business led by one director and two owners, boasting a stellar 5.0-star Google rating from five reviews. The company regularly imports furniture, lighting, and prefabricated buildings, with recent activity recorded three months ago.

The company’s website highlights a focus on quality and German craftsmanship, offering bespoke kitchen solutions with tailored designs and expert installations. Testimonials praise the personal service, high-quality units, and competitive pricing, while FAQs address common customer queries regarding renovation timelines, warranties, budget considerations, and environmentally friendly materials. The site clearly targets homeowners seeking premium kitchen upgrades, emphasizing reliability, durability, and unmatched style.

Financially, Norfolk Trade Kitchens Ltd presents a mixed picture. While current assets increased by 18% to £57,000, equity plummeted 55% to £11,000—a significant drop. Bank borrowings surged by 56% to £46,000, and net current assets fell by 98% to just £480. On a positive note, trade creditors decreased by 390%, 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) allows for agility, but the equity decline warrants attention. With no auditor mentioned (likely exempt as a small company), the figures rely on unaudited statements.

The company’s average number of employees has increased by 400%, from one to five, which may be a reason for the increased borrowings. It's possible the business is investing in growth, but the significant drop in equity suggests it's burning through money.

Registered in England/Wales under the registration number 14182473, with a registered address at NR30 4BZ, England, Great Yarmouth, 13 River Walk.

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