A & B Flooring Ltd

A & B Flooring Ltd, based in Aylesford, UK, is a small holding company with an active status. Established seven years ago in 2017, it employs nine people and holds £1,133,157 in assets. The company, with two directors and one owner, operates from a real address shared by only two other businesses. It’s an irregular importer, primarily dealing in carpets and textile floor coverings, with its last import operation occurring two months ago in May 2023.

The company’s website is not available, making it difficult to determine the full scope of its operations. However, it’s known to operate in the floor and wall covering industries. It’s a small company, meeting two of three conditions: turnover less than £10.2 million, balance sheet total less than £5.1 million, and fewer than 50 employees.

Financially, A & B Flooring Ltd presents a mixed picture. Cash reserves have increased significantly by 130%, reaching £370,000, which is a positive sign. However, net assets have risen by 39% to £730,000. Bank borrowings have decreased, with overdrafts reduced by 44% to £60,000. Creditors have increased by 7.5%, and trade debtors have decreased by 12%. It’s worth noting that the company’s average number of employees has increased by 33%, from nine to twelve, which could be a sign of growth, but also increased operational costs. The company’s liabilities have also increased, with an increase in deferred tax provisions. The company is not audited, which is common for small entities. Overall, the company seems to be stable, but the increase in liabilities and the decrease in trade debtors could be a cause for concern.

Registered in England/Wales under the registration number 10881891, with a registered address at ME20 7HP, England, Aylesford, Kent, Unit 15, Access 4:20 New Hythe Business Park, Bellingham Way.

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