Regency Kitchens & Fireplaces Ltd

Regency Kitchens & Fireplaces Ltd, based in Bradford, UK, is a small, active company established six years ago. With two employees and £63,113 in assets, it’s a modest operation led by a single director and owner, Tasib Awais Iqbal. The business enjoys a stellar 5.0 Google rating from 147 reviews, reflecting strong customer satisfaction. It functions as an irregular importer, primarily bringing in iron or steel products, with the last import occurring in August 2024. The company operates in the retail sale of electrical household appliances in specialised stores.

The business’s website is primarily an Instagram page, showcasing kitchen and fireplace installations. While not a full-fledged e-commerce platform, the Instagram presence suggests a focus on visual marketing and customer engagement, likely driving leads and showcasing completed projects. It’s a modern approach to sales, leveraging social media to build brand awareness and attract potential clients.

Financially, Regency Kitchens & Fireplaces Ltd presents a mixed picture. While current assets have increased by a substantial 83% to £63,000, net assets have surged by an impressive 430% to £12,000. However, trade debtors have seen a dramatic increase, ballooning by 1800% to -£5,000, suggesting potential issues with customer payments. Bank borrowings have decreased by 38%, and cash reserves have increased by a significant 310% to £37,000. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for flexibility, but the increase in debtors warrants attention. The accounts are unaudited, and no auditor is mentioned, which is typical for a small company.

Overall, Regency Kitchens & Fireplaces Ltd appears to be navigating a period of growth, but the increase in outstanding debts could be a cause for concern. The company’s strong online presence and positive customer reviews are encouraging signs, but careful financial management will be crucial for long-term success.

Registered in England/Wales under the registration number 11388991, with a registered address at BD8 9DS, England, Bradford, Regency Kitchens & Fire Places, 97 Whetley Lane.

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