Sylvarna Kitchen Design Limited

Sylvarna Kitchen Design Ltd from West Sussex UK is a small holding company with an active status, established 42 years ago. The company employs 14 people and holds assets worth £508,279. With four directors and one owner, it maintains a real address and boasts a stellar 5.0 Google rating based on 40 reviews. Sylvarna Kitchen Design is a regular importer of furniture, lighting, and prefabricated buildings, with five months of import activity recorded.

The company's website showcases a design-led approach to kitchen renovations, offering bespoke kitchens and a showroom in Chichester. It highlights partnerships with leading brands and emphasizes a commitment to quality craftsmanship. The site details a range of services, including design, installation, and even piano restoration—a surprising addition to the kitchen design business. Recent projects are displayed, ranging from contemporary country homes to arts and crafts residences, showcasing the company's versatility.

Financially, Sylvarna Kitchen Design Ltd presents a mixed picture. Current assets have decreased by 60% to £510,000, while net assets have plummeted 88% to £290,000. Bank borrowings have disappeared entirely, a positive sign, but cash reserves have fallen 61% to £220,000. Creditors have also decreased significantly, by 53%, which could indicate improved debt management. The company qualifies as a small business, meeting two of three criteria: turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. The lack of an auditor mentioned suggests it's exempt from an audit, relying on unaudited statements.

The sharp decline in net assets is a cause for concern, although it could be attributed to investments in the new showroom or other business development initiatives. The company’s focus on high-end design and its diverse range of services—including the unexpected piano restoration venture—suggests a commitment to differentiation, but its financial health will need close monitoring to ensure long-term sustainability.

Registered in England/Wales under the registration number 01696406, with a registered address at PO19 8TX, West Sussex, Terminus Road, Chichester.

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