The New England Shutter Company Limited

The New England Shutter Company Ltd from London UK: a small, active company founded 21 years ago, employs three people, and holds £99,439 in assets. It’s a real address, managed by four directors and two owners, and operates as a family business, boasting a stellar 5.0 Google rating from 44 reviews. The company regularly imports wood and wood products (for five months, with the latest import in October 2024) but hasn't exported anything in three months.

This business specializes in shutters, offering a wide range of styles, materials, and finishes, including a popular White Collection with a 25% discount. Its website highlights bespoke design and manufacture, traditional joinery techniques, and even faux leather and suede shutter options. They cater to both residential and commercial clients, with projects ranging from living rooms to conservatories, and even museum-grade piano restoration projects.

Financially, The New England Shutter Company Ltd shows some concerning trends. Current assets have decreased by 35% to £99,000, while net assets have plummeted 1500% to -£59,000 – a dramatic shift. Bank borrowings have increased significantly, and cash reserves have fallen, suggesting a need for careful financial management. Creditors have also decreased, which is a positive sign. The company meets the criteria for a small business, with turnover under £10.2m, assets under £5.1m, and fewer than 50 employees. With no auditor mentioned, the figures are unaudited.

While the company maintains a strong online presence and positive customer reviews, the financial data suggests a challenging period. Whether this is a temporary setback or a longer-term issue remains to be seen, but it highlights the importance of financial stability for even well-regarded businesses.

Registered in England/Wales under the registration number 04952835, with a registered address at SW12 8RF, England, London, 161 Ramsden Road.

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