Art Carpet Uk Ltd

Art Carpet Uk Ltd, based in Barrow-In-Furness, UK, is a small, active company founded three years ago. With four employees and £700,524 in assets, it operates as an e-commerce site and is a regular importer of furniture, lighting, and prefabricated buildings—importing for five months, with the latest activity in June 2024. The company has four directors and four owners, and its registered address is real, with only two other companies registered there.

The company’s website showcases a wide range of high-quality, sustainable rugs, both for wholesale and retail customers. It highlights a UK warehouse program with a 120,000 sq. ft. audit warehouse, emphasizing fast and efficient distribution. The site also promotes a partnership program for wholesalers, offering competitive pricing, extensive product range, and marketing support. Art Carpet’s rugs are certified by OEKOTEK, ensuring they are free from harmful substances. The website also features a separate division dedicated to piano restoration, showcasing museum-grade restorations and disaster recovery services.

Financially, Art Carpet Uk Ltd presents a mixed picture. While current assets increased by a substantial 68% to £700,000, net assets also jumped significantly by 200% to £240,000. However, trade debtors surged by 340%, reaching £300,000—a possible sign of increased credit sales or delayed payments. Bank borrowings remain unchanged at £0. The company's small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for flexibility, but the substantial increase in debtors warrants monitoring. The company is exempt from an audit as a small company.

Overall, Art Carpet Uk Ltd appears to be growing, but the increase in debtors suggests a need for careful cashflow management. The dual focus on rugs and piano restoration, while potentially diversifying revenue streams, could also stretch resources thin.

Registered in England/Wales under the registration number 13663282, with a registered address at LA14 4QT, United Kingdom, Barrow-In-Furness, Cumbria, Jjc Building, Sandscale Park.

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