Adept Flooring Installations Limited

Adept Flooring Installations Ltd from Peterborough UK: a small, active company founded 16 years ago, employs two people, and holds £113,064 in assets. It has a real address, is overseen by three directors and two owners, and currently maintains a 3.0 Google rating based on three reviews. The company is an irregular importer of miscellaneous chemical products, with just one month of imports recorded.

The company operates in the floor and wall covering industries. Its registered address is PE7 3HS, England, Peterborough, 34 Mere View Industrial Estate, Yaxley. The company’s small size—meeting two of three conditions for being classified as small (turnover under £10.2 million, balance sheet total under £5.1 million, and fewer than 50 employees)—helps it stay nimble.

Financially, Adept Flooring Installations Ltd presents a mixed picture. Current assets have decreased by 17% to £110,000, while net assets have fallen dramatically by 82% to just £3,400. Bank borrowings have increased significantly, and cash reserves have declined by 17% to £41,000. Creditors have also decreased by 45%, suggesting improved debt management. The company's unaudited financial statements, as a small company, don’t mention an auditor.

The sharp drop in equity is a cause for concern, but the company’s focus on flooring and wall coverings, combined with its irregular import activity, suggests it’s adapting to market conditions. It’s likely the company is working hard to maintain its position in a competitive industry.

Registered in England/Wales under the registration number 06661626, with a registered address at PE7 3HS, England, Peterborough, 34 Mere View Industrial Estate, Yaxley.

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