Ceiling Direct Limited

Ceiling Direct Ltd from Bolton, UK, is a small, active company founded ten years ago in 2014. With five employees and £155,182 in assets, it operates from a real address and is overseen by two directors and one owner. Google reviews give it a perfect 5.0 rating based on two reviews. The company regularly imports iron or steel products, with its last import activity recorded five months ago.

The company’s website, ceilingdirect.co.uk, positions itself as a supplier of suspended ceilings, LED lighting, and drylining products. It caters to both commercial and residential customers, offering a wide range of materials and accessories. The website also features a ceiling calculator, energy-saving calculator, and blog posts on topics such as ceiling height and material selection—all designed to attract and engage potential customers. The site seems to be primarily an e-commerce platform, with a focus on online sales and customer service.

Financially, Ceiling Direct Ltd presents a mixed picture. Cash bank on hand increased by 40% to £5,400, but current assets dropped by 31% to £160,000. Bank borrowings decreased by 24% to £79,000, suggesting improved debt management. Creditors decreased by 16% to £88,000, and net assets increased by 86% to £54,000. Despite this, trade debtors plummeted by 91%, which could indicate issues with customer payments or a shift in sales strategy. 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 agility, but the significant decrease in debtors is something to watch. As a small company, it's exempt from an audit, so the figures are unaudited.

Overall, Ceiling Direct Ltd seems to be navigating a challenging environment. While it maintains a strong online presence and positive customer reviews, the financial data suggests some turbulence. It's a small company with a lot of potential, but it will need to address the issues with debtors to ensure long-term sustainability.

Registered in England/Wales under the registration number 09232457, with a registered address at BL2 1DZ, England, Bolton, Unit A Shakespeare Foundry House, Salop Street.

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