Saltford Kitchens Ltd

Saltford Kitchens Ltd from Bristol UK: a small, active company founded six years ago, employs three people, and holds £54,197 in assets. It’s a solo-founded venture with one director and owner, Sheppard Nathan Lee. The company regularly imports furniture, lighting, and prefabricated buildings—four months worth, with the last import occurring in September 2024.

The company's website, bokk.co.uk, showcases a design-focused approach to kitchens, bathrooms, outdoor spaces, and living areas. It’s not a simple e-commerce site; rather, it functions as a portfolio and lead generator. Bokk positions itself as a provider of bespoke, high-end kitchens and living spaces, partnering with German and British manufacturers. The site emphasizes design consultations, personalized service, and a focus on creating "exceptional" homes—a far cry from a standard online store. It even has a section for inspiration, showcasing completed projects and highlighting partner brands. The site’s design and messaging suggest a business model centered around design consultations and project management, with sales likely occurring offline or through a more personalized sales process.

Financially, Saltford Kitchens Ltd presents a mixed picture. While current assets increased by 14% to £54,000, net assets decreased by 10% to -£140,000. Bank borrowings rose by 20% to £5,000, and cash reserves increased by 21% to £1,200. Creditors increased by 7.7% to £180,000. The company's small size—meeting two of three criteria for a small company—helps it remain flexible, but the negative equity is a concern. Disposals of property, plant, and equipment decreased, which could indicate a slowdown in investment. The lack of an auditor mentioned (likely exempt as a small company) means the figures are unaudited.

Overall, Saltford Kitchens Ltd appears to be navigating a challenging environment. The company is doing well to maintain its assets, but the negative equity suggests it's burning through cash. The focus on high-end design and personalized service, however, could be a key differentiator in a competitive market—though it’s hard to say if it’s enough to turn the tide.

Registered in England/Wales under the registration number 11713518, with a registered address at BS31 3AZ, England, Bristol, 439 Bath Road, Saltford.

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