Degafloor Limited

Degafloor Ltd from Peterborough, UK, is a small holding company with an active status, celebrating 26 years since its founding in 1998. Employing eight people and holding assets of £1,808,782, the company operates from a real address and is overseen by two directors and one owner. A regular importer and exporter, Degafloor Ltd specializes in tanning and dyeing products, bringing in goods for 44 months and exporting for 21 months.

The company’s core business lies in the manufacture of other non-metallic mineral products, with a strong focus on resin flooring solutions. Its website showcases a wide range of products and services, catering to industries like airport flooring, commercial kitchens, education, food manufacturing, healthcare, and marine environments. Degafloor Middle East, a key division, emphasizes ultrafast curing MMA resin flooring and pothole repair solutions, even boasting certifications like HACCP International Food Safety. The website's layout is clean and informative, featuring project showcases, news updates, and downloadable resources—suggesting a modern, customer-focused approach.

However, a closer look at the financial data reveals a mixed picture. While finished goods increased by 18%, current assets actually dropped by 24%. Bank borrowings have surged dramatically, increasing by 2,400% to £28,000, while cash reserves have fallen 83% to just £14,000. Debtor values have increased by 230%, which could indicate a need to manage cash flow more effectively. Creditors, however, decreased by 18%, a positive sign of improved debt management. The company's small size—meeting two of three criteria for a small company—allows for agility, but the significant equity drop and increased borrowings raise concerns. There’s no mention of an auditor, which is typical for a small company exempt from an audit.

It seems Degafloor Ltd is navigating a period of change. While its resin flooring business appears to be thriving, the financial data suggests a need for careful management to ensure long-term stability.

Registered in England/Wales under the registration number 03605268, with a registered address at PE6 9HQ, England, Peterborough, Crusader House High Street, Maxey.

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