Set Square Joinery Limited

Set Square Joinery Ltd, based in Swindon, UK, is a small, active company founded seventeen years ago. With six employees and £826,610 in assets, it’s a real business operating from a dedicated address and led by a single director and owner, Kevin Horne. The company imports miscellaneous metal items irregularly, with the last import occurring in February 2025. It operates in the joinery installation industries, offering services to both commercial and domestic clients.

The company’s website showcases a diverse range of joinery services, including bespoke domestic joinery, commercial fit-outs, vehicle conversions, and solid surfacing. It emphasizes design consultation and CAD technology, highlighting its ability to create custom cabinetry, architectural moldings, and complete interior fit-outs. The website also features a dedicated section for van conversions, catering to various commercial and leisure requirements. It’s clear the business is focused on high-quality, custom work, and isn’t primarily an e-commerce operation.

Financially, Set Square Joinery Ltd shows a mixed picture. Creditors have increased significantly, rising by 130% to £200,000, while debtors have exploded, increasing by 690% to £130,000. This could indicate a period of rapid growth and increased sales on credit, or it could signal difficulties in collecting payments. Cash reserves have increased by 30%, reaching £690,000, which is a positive sign. However, net assets have also increased by 35%, reaching £610,000, which suggests the company is taking on more debt. Bank borrowings decreased by 15%, reaching £31,000, which is a good sign. 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 it to remain flexible, but the large increase in creditors warrants close monitoring. As a small company, it’s likely exempt from an external audit, so the financial statements are unaudited. The company's growth in debtors could be a cause for concern, but the increase in cash reserves suggests it's managing its finances effectively for now.

Registered in England/Wales under the registration number 06542190, with a registered address at SN5 8YZ, Swindon, Wiltshire, 18 Clearwater Business Park Frankland Road, Blagrove.

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