Concept Flooring Services Limited

Concept Flooring Services Limited is a small, active company based in Thame, UK, founded nine years ago in 2015. The company holds £395,113 in assets and employs four people, operating as a holding company with three directors and two owners. It’s registered at a virtual address shared by 139 other companies, which is a little odd. The business primarily focuses on commercial flooring, specializing in polished concrete, Husqvarna Superfloor, and floor preparation services, as highlighted on its website. It delivers projects across a wide area of the UK, from Buckinghamshire to Essex.

The company's website showcases a portfolio of projects and emphasizes its expertise in various flooring solutions. It also offers a range of services, including floor grinding and restoration. The site features contact information, opening hours, and links to social media platforms, suggesting a focus on customer engagement and brand visibility. It’s clear the company is trying to present a professional image, with a focus on quality and service.

Financially, Concept Flooring Services Limited shows some concerning trends. Current assets have fallen by 20% to £400,000, and net assets have also dropped 20% to £240,000. Cash reserves have decreased by 19% to £130,000, while bank borrowings have increased. Trade debtors have also fallen by 19%, suggesting a tightening of credit terms. The number of employees has decreased by 25% to just three. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) means it’s likely exempt from an audit, so the figures are unaudited.

Overall, Concept Flooring Services Limited appears to be facing financial pressures. The decrease in assets and cash reserves, coupled with the reduction in employees, suggests a company that is burning through money. While the company’s website and services look professional, the financial data paints a more complex picture. It’s unclear if these trends are temporary or indicative of longer-term challenges—but for now, the company is navigating a period of adjustment.

Registered in England/Wales under the registration number 09873525, with a registered address at OX9 3WT, England, Thame, Unit A St Andrews Court, Wellington Street.

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