Prestige Bathrooms Limited

Prestige Bathrooms Ltd from Middlesex UK: a small, active company established 25 years ago, employs 10 people, and holds £330,563 in assets. Operating from a virtual address and managed by one director and owner, it maintains a respectable Google rating of 4.0 based on 36 reviews. The company is a regular importer of machinery, boilers, and mechanical appliances, with 42 months of import activity recorded.

The company’s website showcases a wide range of bathroom products, from basins and mixers to tiles and furniture. It operates four showrooms in West London and offers a full design and consultation service, alongside installation. Prestige Bathrooms Ltd caters to various budgets and styles, emphasizing quality and customer service. The site also highlights its expertise in bathroom wellness and offers a blog featuring trend reports and installation tips.

Financially, Prestige Bathrooms Ltd presents a mixed picture. Current assets increased by 60% to £330,000, while net current assets and liabilities decreased by 200% to -£29,000. Creditors increased by 100% to £360,000, and bank borrowings surged by 83% to £210,000. Equity, however, plummeted 85% to just £11,000. The company’s small size—meeting two of three criteria for a small business—allows for agility, but the sharp decline in equity raises concerns. With no auditor mentioned (likely exempt as a small company), the figures rely on unaudited statements.

The company’s reliance on a virtual address, combined with the significant increase in creditors, suggests potential cash flow challenges. However, the strong Google rating and emphasis on customer service indicate a positive brand reputation. Whether Prestige Bathrooms Ltd can navigate these financial pressures and sustain its growth remains to be seen.

Registered in England/Wales under the registration number 03792949, with a registered address at HA5 5PW, Middlesex, 52 High Street, Pinner.

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