Sapphire Spaces Limited

Sapphire Spaces Ltd from Exeter UK: a small, active company founded 14 years ago, employs 8 people, and operates from a virtual address. With two directors and two owners, it's a family business boasting a perfect 5.0 Google rating from 16 reviews. The company regularly imports furniture, lighting, and prefabricated buildings, with 83 months of import activity recorded.

Sapphire Spaces Ltd specializes in the retail and design of bathrooms, kitchens, and living spaces. Its website showcases a focus on bespoke design and installation services, catering to residential customers seeking high-end renovations. While the core business revolves around design and retail, the company also owns Sapphire Kitchens Limited and Sapphire Bathrooms Limited, suggesting a broader portfolio of home improvement solutions.

Financially, Sapphire Spaces Ltd presents a mixed picture. Creditors decreased by 21%, while bank borrowings decreased by 7.7%. Cash reserves, however, declined by 17%, and net assets only grew by 5.2%. Despite a 60% increase in depreciation for vehicles, the company’s small size (meeting two of three conditions for being a small company: turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for flexibility. The company’s total assets are reported at £390,000. With no auditor mentioned, the financial statements are unaudited.

The company's continued import activity suggests a reliance on external suppliers, while the family ownership structure likely fosters a culture of close-knit operations. Whether the business can sustain its growth trajectory amid fluctuating financial trends remains to be seen.

Registered in England/Wales under the registration number 07345467, with a registered address at EX2 7XE, United Kingdom, Exeter, Centenary House Peninsula Park, Rydon Lane.

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