Nu Kitchen Limited

Nu Kitchen Limited, based in Thatcham, UK, is a small, family-run business with an active status, having been founded six years ago. The company, employing just one person, holds £57,428 in assets and operates from a real address shared by only one other business. With two directors and two owners, it’s a tight-knit operation that has garnered a perfect 5.0 Google rating from 13 reviews. Nu Kitchen regularly imports furniture, lighting, and prefabricated buildings—a trend observed over the past seven months.

The company's website paints a picture of a kitchen design and installation specialist. It’s clearly focused on a retail model, showcasing a range of modern and traditional kitchens and encouraging visitors to book a meeting or visit their showroom. The site highlights the importance of both luxury and value, promising to transform spaces beyond expectations. Testimonials from satisfied customers are prominently displayed, further reinforcing the company’s commitment to quality and service. They even boast being finalists for "Best New Kitchen Retailer of the Year."

Financially, Nu Kitchen Limited is showing some concerning trends. While the company is small—meeting two of three conditions to be classified as such—cash bank on hand has plummeted 71% to just £8,200. Creditors have increased significantly, jumping 240% to £58,000, and net assets have fallen 47% to -£100,000. A sharp rise in other creditors (6200%) to £45,000 also suggests a reliance on short-term financing. The company’s average number of employees has increased from one to three, which could be a positive sign of growth, but it also adds to operating expenses. With no auditor mentioned, the financial information is unaudited.

Overall, Nu Kitchen Limited appears to be navigating a challenging period. While its website and customer reviews suggest a strong brand and commitment to quality, the financial data indicates that the company is burning through cash and relying on increased borrowing. Whether this is a temporary setback or a longer-term issue remains to be seen, but the company will need to carefully manage its finances to ensure its continued success.

Registered in England/Wales under the registration number 11844751, with a registered address at RG18 3AN, England, Thatcham, Unit 1c Thatcham Garden Centre, Bath Road.

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