{"name":"KILBRIDGE LIMITED","company_number":"02253089","status":"Liquidation","type":"Private Limited Company","incorporated":"1988-05-09","dissolved":null,"registered_office":"2nd Floor Churchill House 26-30 Upper Marlborough Road, St. Albans, AL1 3UU","postcode":"AL1 3UU","sic_codes":[{"code":31090,"description":"Manufacture of other furniture"},{"code":47599,"description":"Retail of furniture, lighting, and similar (not musical instruments or scores) in specialised store"}],"principal_activity":null,"previous_names":[{"name":"SPACEMAKER FURNITURE LIMITED","changed_on":"1999-01-15"}],"warnings":[],"accounts":{"category":"Small","year_end":"31 March","last_made_up_to":"2024-03-31","next_due":"2025-12-31"},"employees":null,"financials":[{"financial_date":"2023-03-31","cash":209696},{"financial_date":"2022-03-31","cash":101090},{"financial_date":"2021-03-31","cash":129136},{"financial_date":"2020-03-31","cash":62301},{"financial_date":"2019-07-31","cash":190723}],"officers":{"current":3,"resigned":7,"complete":true,"note":"Names and details of individual officers are on the People page (subscriber-only on this site) and free at Companies House."},"charges":{"total":3,"outstanding":1},"gazette_notices":[{"date":"2025-07-11","kind":"insolvency"},{"date":"2025-07-11","kind":"insolvency"}],"insolvency_outcome":null,"ai_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.","website":null,"links":{"page":"https://www.companiesintheuk.co.uk/ltd/kilbridge","people":"https://www.companiesintheuk.co.uk/company/kilbridge/people","filing_history":"https://www.companiesintheuk.co.uk/company/kilbridge/filing-history","companies_house":"https://find-and-update.company-information.service.gov.uk/company/02253089","financials":"https://www.companiesintheuk.co.uk/company/kilbridge/financial","gazette":"https://www.companiesintheuk.co.uk/company/kilbridge/gazette","control":"https://www.companiesintheuk.co.uk/company/kilbridge/control","charges":"https://www.companiesintheuk.co.uk/company/kilbridge/charges","ai_analysis":"https://www.companiesintheuk.co.uk/company/kilbridge/analysis"},"source":"CompaniesInTheUK, from Companies House, The Gazette and other public registers (see /support/about). Cite as: CompaniesInTheUK, https://www.companiesintheuk.co.uk/ltd/kilbridge"}