Simply Plumbing Bathrooms Limited

Simply Plumbing Bathrooms Limited, based in Bromley, UK, is a small, active company founded eight years ago in 2016. With eleven employees and £1,679,902 in assets, it operates from a real address and is managed by three directors and three owners. The company boasts a stellar 5.0 Google rating from 89 reviews, reflecting its reputation for quality service. It's an irregular importer, primarily bringing in machinery, boilers, and mechanical appliances, with the latest import activity recorded just two months ago.

The company's website, simplybathroomsolutions.co.uk, paints a picture of a professional plumbers merchant and bathroom showroom. It’s a family-run business, offering a wide selection of bathroom products from leading brands, and provides expert advice. The showroom caters to a variety of tastes, and the company offers a delivery service. Testimonials highlight the company’s expertise, friendly service, and ability to guide customers through the bathroom design process. They even have a separate trade counter operating different hours.

Financially, Simply Plumbing Bathrooms Limited shows a mixed bag. Cash reserves grew by a healthy 17%, reaching £740,000, while bank borrowings decreased by 12%, sitting at £90,000. Creditors increased by 11%, reaching £370,000, and trade debtors remained constant. The company’s net assets grew by 19%, reaching £970,000. Depreciation on plant and machinery increased by 9.1%, and on vehicles by 25.0%, suggesting ongoing investment in equipment. The company’s small size (meeting two of three conditions for being a small company) helps it remain agile, but the increase in creditors warrants a closer look. As a small company, it's exempt from an audit, so the financial statements are unaudited. The company's growth in assets is good, but it’s important to see if that translates into increased profitability.

Registered in England/Wales under the registration number 10499648, with a registered address at BR1 5HS, England, Bromley, 457 Downham Way.

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