System 6 Kitchens Limited

System 6 Kitchens Limited, based in Exeter, UK, is a large company with a strong 4.9-star Google rating from 170 reviews. Founded forty years ago in 1985, it’s a well-established manufacturer of bespoke kitchens, employing ninety-seven people and boasting assets of £4,150,901. The company generates a yearly revenue of £13,664,037, making it a significant player in the South West’s kitchen industry. It’s run by three directors and a single owner, Foster Ian, who also serves as a director.

The company's website highlights its independent status and commitment to quality, showcasing a wide range of kitchen styles and services, from design to installation. It even has a showroom and offers a 25-year guarantee on its kitchens. The business is clearly focused on delivering a premium service, with an emphasis on craftsmanship and customer satisfaction.

Financially, System 6 Kitchens Limited presents a mixed picture. While turnover increased by 7.3% to £14 million, net assets decreased by 12% to £4.1 million. Bank borrowings increased by 100% to £72,000, and cash reserves fell by 4.3% to £1.6 million. Creditors decreased by 7.9%, suggesting improved debt management. Depreciation and amortisation expenses increased by 100% to £320,000, which could indicate investment in new equipment or software. The company’s large size (meeting two of three criteria for a large company) means it’s subject to more stringent reporting requirements. The accounts were audited by Haines Watts (Western) Limited.

Despite the slight decrease in cash reserves, System 6 Kitchens Limited appears to be a stable and well-managed business with a strong reputation. The increase in depreciation expenses suggests ongoing investment in its manufacturing capabilities, which should position it well for future growth.

Registered in England/Wales under the registration number 01902921, with a registered address at EX2 8QP, Exeter, 4 Christow Road, Marsh Barton.

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