Carpet Underlays & Accessories Ltd

Carpet Underlays & Accessories Ltd from Birmingham, UK, is a small, active company established 21 years ago in 2003. With ten employees and £513,614 in assets, it’s a family business boasting a perfect 5.0 Google rating from 17 reviews. The company operates from a real address and is led by three directors and two owners. It regularly imports wood and wood products, with the most recent import activity occurring in January 01, 2025.

The company's website reveals a wholesale operation catering to the flooring trade. It's a trade-only supplier, requiring application for a trade account to access full pricing. Carpet Underlays & Accessories Ltd offers a wide range of flooring accessories and consumables, including underlays, door bars, gripper, laminate, scotia, adhesives, floor levelling products, and tools. The company emphasizes its friendly, independent, and family-run nature, supplying the flooring trade since 01981. Celebrating its 40th anniversary, it highlights its commitment to bringing the best prices, products, and service to its customers.

Financially, Carpet Underlays & Accessories Ltd shows some concerning trends. Current assets decreased by 11%, dropping to £510,000, while net assets declined by 11%, settling at £210,000. Bank borrowings decreased by 52%, reaching £9,200, and cash reserves fell 16% to £12,000. Trade debtors also fell by 19%, suggesting improved collections. The company’s small size (meeting two of three conditions for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for flexibility, but the decrease in equity warrants attention. As a small company, it’s likely exempt from an audit, so the financial statements are unaudited.

Overall, Carpet Underlays & Accessories Ltd appears to be a well-regarded, established business, but its recent financial performance suggests it's facing some challenges. It’s important to monitor its trajectory closely to see if it can maintain its position in the competitive flooring trade.

Registered in England/Wales under the registration number 04801939, with a registered address at B45 9AL, Birmingham, Unit B Rubery House, The Avenue Rubery.

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