Cannons Flooring Limited

Cannons Flooring Ltd from Diss UK is a small holding company with an active status, established eleven years ago in 2013. The company employs seven people and holds £1,962,420 in assets, operating from a real address in Norfolk. With two directors and one owner, Cannons Flooring Ltd regularly imports and exports toys, games, and sports equipment – 49 months of imports and 3 months of exports recorded.

The company’s website, nortoncannoncarpets.co.uk, showcases a flooring business with over 25 years of experience, specializing in carpet and flooring installation for both domestic and commercial clients. It's clear they operate as an installer, not a manufacturer, offering services like carpet installation, luxury vinyl installation, and wood/laminate flooring. The website emphasizes quality materials, time-served professionals, and customer referrals, and includes testimonials praising their work and competitive pricing. It's a traditional business with a modern online presence.

Financially, Cannons Flooring Ltd presents a mixed picture. Current assets have increased by 37% to £2,000,000, while net assets have increased by 22% to £1,500,000. However, creditors have doubled to £520,000, and trade debtors have surged by 320% to £460,000. Cash bank on hand has decreased by 4.6% to £490,000. The company meets the criteria for a small business, with turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. The increase in debtors suggests potential difficulties with customer payments, which could be a concern. The company's lack of an auditor, as is common for small companies, means the figures are unaudited.

Overall, Cannons Flooring Ltd appears to be a stable, if somewhat reliant, business. The increase in creditors suggests they are taking on more debt to fund operations, and the high debtors figure indicates a need to improve cash flow management.

Registered in England/Wales under the registration number 08692697, with a registered address at IP22 2HQ, Diss, Norfolk, Unit 4 Fysons Farm, Thetford Road North Lopham.

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