Plumb Factory Ltd

Plumb Factory Ltd from Bolton UK: a small, active company founded fifteen years ago, employs fifteen people, and holds assets of £1,903,871. It operates from a virtual address—a point of interest, as 177 other companies are registered at the same location—and is managed by two directors, although no owners are officially listed. The company is an irregular importer, primarily dealing in furniture, lighting, and prefabricated buildings, with import activity recorded two months ago in February 2022.

The company’s website paints a picture of a trusted supplier of plumbing and heating products, as well as tailored bathrooms across the Northwest of England. It has branches in Blackpool, Horwich, Bolton, and Stockport. The website also highlights a luxury bathroom showroom division, showcasing high-quality products and expert design services. It’s clear that the company is focused on providing both trade and retail customers with a comprehensive range of products and services, and even offers a trade counter for local businesses.

Financially, Plumb Factory Ltd shows a mixed picture. Current assets remained stable at £1,900,000, while net assets increased by 12% to £290,000. Bank borrowings decreased by 51%, a positive sign, and cash reserves grew by 30% to £170,000. Creditors also decreased slightly, suggesting better debt management. The company’s small size—meeting two of three conditions for being classified as small—allows it to remain agile, but the increase in debt is something to keep an eye on. The company is exempt from an audit, so the figures are unaudited.

Overall, Plumb Factory Ltd seems to be navigating the market well, leveraging its physical branches and online presence to serve a wide customer base. The company’s financial health appears solid, although continued monitoring of debt levels is advisable.

Registered in England/Wales under the registration number 07215663, with a registered address at BL6 4SD, England, Bolton, Fourth Floor, Unit 5b The Parklands, Lostock.

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