The Bathroom Studio Limited

The Bathroom Studio Limited is a small, active family business based in Cornwall, UK, founded 23 years ago in July 2001. With 17 employees and £2,720,353 in assets, it operates from a real address at Unit38 Threemilestone Ind Est, Truro. The company is run by three directors and owned by Steven Paul Liddington and Kerry Louise Liddington. It's a regular importer, specializing in furniture, lighting, and prefabricated buildings, with 32 months of import activity recorded. The company’s activities include wholesale of hardware, plumbing and heating equipment and supplies, and the retail sale of new goods.

The company’s website is not available for review.

Financially, The Bathroom Studio Limited presents a mixed picture. Current assets decreased by 8.4% to £2,700,000, while net assets increased by 5.8% to £2,300,000. Bank borrowings remained steady, and cash reserves decreased by 19% to £1,200,000. Creditors decreased by 33%, suggesting improved debt management. Trade debtors increased significantly, by 85%, which could indicate expanding sales on credit. The company meets the criteria for a small business, with turnover under £10.2m, assets under £5.1m, and fewer than 50 employees. There is no auditor mentioned, likely due to the small company status. The company’s financial statements are unaudited.

Overall, The Bathroom Studio Limited appears to be holding its own, although the increase in trade debtors warrants monitoring. The family-run nature and focus on importing specialized products may provide a competitive advantage, but the company will need to manage its cash flow carefully to sustain growth.

Registered in England/Wales under the registration number 04252035, with a registered address at TR4 9LD, Cornwall, Unit38 Threemilestone Ind Est, Truro.

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