Prestige Kitchens Of Stalybridge Limited

Prestige Kitchens Of Stalybridge Ltd, based in Stalybridge, UK, is a small, active company founded 26 years ago. With five employees and £81,284 in assets, it’s a family-run business with three directors and two owners. Boasting a stellar 5.0 Google rating from 35 reviews, the company operates from a real address and has been importing furniture, lighting, and prefabricated buildings irregularly, with the latest activity recorded two months ago.

The company's website showcases a focus on kitchen, bathroom, and bedroom design and installation. It emphasizes quality craftsmanship and personalized service, catering to both small updates and complete remodels. The site highlights a 40-year history of passion and experience, positioning Prestige Kitchens as a reliable partner for homeowners seeking to transform their living spaces. There’s also a mention of a piano restoration business, 1066 Pianos, which is a bit confusing.

Financially, Prestige Kitchens shows a mixed picture. Current assets have decreased by 31% to £56,000, while net assets have plummeted 500% to -£32,000. Bank borrowings have decreased by 33%, and cash reserves have fallen dramatically by 100% to just £17. Creditors have increased by 18%, and trade debtors have surged by 450%. The company meets the criteria for a small business, with turnover under £10.2m, assets under £5.1m, and fewer than 9 employees. With no auditor mentioned, the figures are unaudited.

Overall, Prestige Kitchens appears to be navigating some financial challenges, despite its strong reputation and customer reviews. The decrease in cash reserves and increase in losses suggests the company is burning through money, but the decrease in bank borrowings is a positive sign. It’s a small business, and it’s likely to be facing the usual pressures of a competitive market.

Registered in England/Wales under the registration number 03712633, with a registered address at SK15 2AU, England, Stalybridge, Cheshire, Siren House, 10 Waterloo Road.

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