Chester Wood Flooring Limited

Chester Wood Flooring Ltd from Chester UK is a small, active company founded twelve years ago. With three employees and £156,047 in assets, it’s a modest operation managed by two directors and two owners. Boasting a perfect 5.0 Google rating from 68 reviews, the company has established a strong reputation. It's an irregular importer of wood and wood products, with the last import activity occurring two months ago in January 2024.

The company specializes in the retail sale of carpets, rugs, wall, and floor coverings, operating from a showroom open five days a week. They offer a range of hardwood, laminate, and design flooring, providing installation services and restoration. Their website showcases a selection of leading brands like Panaget, Khrs, and QuickStep, and they are a Pallmann Parkettprofi Centre of Excellence. They also offer home visits for advice and free, no-obligation quotations.

Financially, Chester Wood Flooring Ltd presents a mixed picture. While current assets increased by 14% to £160,000, equity experienced a significant drop of 87%, falling to just £50. Bank borrowings remained stable, and cash reserves grew by 6.4% to £26,000. Creditors increased by 19%, and trade debtors also rose by 5.6%. The company's small size—meeting two of three criteria for being a small company—allows for agility, but the sharp decline in equity is a cause for concern. The lack of an auditor (likely due to being exempt as a small company) means these are unaudited figures. It’s likely the company is trying to grow, but the equity drop suggests they may be relying on credit to fund operations.

Registered in England/Wales under the registration number 08218381, with a registered address at CH1 4QL, England, Chester, Unit 29 Coworkz Sealand Minerva Avenue, Chester West Employment Park.

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