Ks Carpet Ltd

Ks Carpet Ltd, based in Arlesey, UK, is a small, active company founded eight years ago. With eight employees and £901,140 in assets, it's a modest operation led by two directors and a solo founder. The company boasts a solid 4.0 Google rating from seven reviews and regularly imports carpets and textile floor coverings, with the latest import activity in February 2024.

The company’s website, kscarpets.com, presents Ks Carpet Ltd as Kent and Sussex's number one independent carpet and flooring company. It operates as a carpet wholesaler, offering a large range of colours and thicknesses to suit every budget. The company prides itself on providing free home callouts for measurements and sample viewings, and guarantees to beat any written quote from local retailers. It also offers luxury vinyl and LVT options, alongside a selection of clearance carpets and roll stock. The website highlights partnerships with wholesalers and manufacturers, ensuring competitive pricing.

Financially, Ks Carpet Ltd shows a mixed picture. Property, plant, and equipment have seen depreciation charges increase, though cash bank on hand has also grown by 31%. Creditors have decreased by 16%, suggesting improved debt management, but trade debtors have increased by 6.6%. Equity has decreased by 26%, a concerning trend. 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 equity decline warrants attention. No auditor is mentioned, consistent with its status as a small, audit-exempt company.

Overall, Ks Carpet Ltd appears to be navigating a challenging environment. While its website and customer reviews suggest a strong reputation, the financial data reveals a need for careful management and a focus on improving profitability. The company's ability to maintain its competitive edge and address the equity decline will be key to its long-term success.

Registered in England/Wales under the registration number 10520992, with a registered address at SG15 6SG, England, Arlesey, Bedfordshire, Unit 3 Crossway Park, Hitchin Road.

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