Ajk Woodflooring Ltd

Ajk Woodflooring Ltd, based in Hertford, UK, is a small, family-run business with an active status, celebrating 25 years since its founding in 2000. Employing ten people and holding £1,781,470 in assets, it operates from a virtual address—a point to note as sixteen companies share the same location. The company is led by three directors and owned by two individuals, and boasts a perfect 5.0 Google rating based on two reviews. Regular importer of wood and wood products (43 months imported), the last operation was made on February 01, 2025.

The company's website showcases a dedication to "ageless artisan craftsmanship" and "21st century design aesthetic." AJK Woodflooring specializes in sourcing and hand-finishing beautiful wood flooring, catering to both residential and commercial projects. They emphasize a seamless project management process, working closely with clients, architects, and specifiers. The website highlights the company's commitment to traditional values combined with modern techniques, including in-house design and project management teams.

Financially, Ajk Woodflooring Ltd presents a mixed picture. While cash reserves increased by a substantial 170% to £260,000, current assets dropped by 14% to £1,800,000. Bank borrowings rose by 11% to £370,000, and net losses deepened to -£28,000. Creditors increased by 35%, suggesting a reliance on external financing. The company’s small size—meeting two of three criteria for a small company—allows for flexibility, but the rising debt and declining equity are concerning. The company’s lack of an auditor (likely exempt as a small company) means the figures are unaudited.

Overall, Ajk Woodflooring Ltd appears to be navigating a challenging financial landscape. While its reputation for quality craftsmanship and customer service is strong, the company will need to carefully manage its finances to ensure its long-term sustainability.

Registered in England/Wales under the registration number 03966251, with a registered address at SG14 1DL, England, Hertford, Herts, 4 Post Office Walk.

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