KILBRIDGE LIMITED
Company number 02253089 · Monitor this company
Executive summary
Kilbridge Limited, a subsidiary within the Spacemaker Group operating in UK furniture manufacturing and retail, exhibits a financially precarious position characterised by a thin equity base (£158,381), elevated leverage (5.6x debt-to-equity), and a below-par current ratio (1.18x versus the 1.5x-2.0x industry norm). The company's heavy reliance on intercompany balances—representing 83% of debtors and 22% of creditors—confirms its role as an intra-group vehicle rather than a standalone competitor, whilst the significant trade creditor build-up (64.8% year-on-year increase) signals working capital stress typical of furniture businesses facing margin compression. The company's liquidation status, combined with new £266,000 lease commitments and no fixed asset base, suggests this entity is being wound down as part of a group restructuring rather than representing a standalone business failure.
Shareholders' funds
£158,381
Balance sheet as at 2023-03-31
Overview
- Company type
- Private Limited Company
- Incorporated
- 1988-05-09
- Registered office
- 2nd Floor Churchill House 26-30 Upper Marlborough Road, St. Albans, AL1 3UU
- Postcode
- AL1 3UU
- Capital
- 10,000 GBP
- Accounts category
- Small
- Charges
- 1 outstanding
Accounts
- Last made up to
- 2024-03-31
- Next due by
- 2025-12-31
- Financial year end
- 31 March
Confirmation statement
- Last statement dated
- 2024-12-21
- Next due by
- 2026-01-04
Nature of business (SIC)
- 31090 Manufacture of other furniture
- 47599 Retail of furniture, lighting, and similar (not musical instruments or scores) in specialised store
Officers 3 current · 7 resigned
Previous company names
| Name | Date changed |
|---|---|
| SPACEMAKER FURNITURE LIMITED | 1999-01-15 |
Previous registered addresses 3
| Address | Changed on |
|---|---|
| UNIT 16, 35 TALLON ROAD, BRENTWOOD, ESSEX CM13 1TE | 1999-09-17 |
| UNIT 16, 35 TALLON ROAD, BRENTWOOD, ESSEX CM13 1TE | 1999-09-17 |
| 1 HAZELWOOD DRIVE, PINNER, MIDDLESEX, HA5 3TU | 1989-05-16 |
The class of 1988
51%
of the 20,917 companies incorporated in 1988 are still active today; 43% have since been dissolved.
A fact about the year, not a forecast for this company.