Prestige Radiators Limited

Prestige Radiators Limited is a small, active company based in Goole, UK, founded sixteen years ago in 2008. With nine employees and £399,485 in assets, it operates a real address and boasts a thriving e-commerce site. The business is led by three directors, including Simpson Martin, who is also the sole owner.

The company specializes in retail sales via mail order and online, offering a wide range of radiators, heaters, and accessories. Its website showcases a variety of products, from designer radiators to essential heating elements, and encourages customers to order online or by phone. The site also features a "Bestseller Products" section and a newsletter signup, highlighting its commitment to customer engagement.

Financially, Prestige Radiators Limited exhibits a mixed picture. While cash reserves have grown substantially—increasing by 110% to £99,000—current assets have only increased by 20% to £400,000. Debtors have seen a dramatic rise, increasing by 330% to £95,000, which could indicate increased sales but also potential challenges in collecting payments. Creditors, however, have decreased by 13%, suggesting improved debt management. The company’s small size—meeting two of three criteria for a small company—allows for flexibility, but the increase in debtors is something to keep an eye on. The unaudited accounts, as is typical for small companies, rely on director-reported data.

The company’s fixed assets have also seen a significant increase, growing by 84% to £65,000, potentially reflecting investment in equipment or property. Depreciation charges have remained steady, and the company’s retained earnings have remained consistent. Overall, Prestige Radiators Limited appears to be navigating a period of growth, but the rising debtors could present a future challenge.

Registered in England/Wales under the registration number 06659652, with a registered address at DN14 0JT, England, Goole, Unit 2 North Point Business Park, Eggborough.

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