Designer Carpets & Remnants Ltd

Designer Carpets And Remnants Ltd from Derby UK: small company, holding company, active status, founded 14 years ago, 22 employees, £861,852 assets, virtual address, 4 directors, 1 owner, e-commerce site, google rating 5.0 based on 296 reviews. Irregular importer of special woven and decorative fabrics (2 months imported). It's a small company as it met two conditions of three: turnover less than £10.2 million, balance sheet less than £5.1 million, employees less than 50. The company operates in the retail sale of carpets, rugs, wall and floor coverings in specialised stores industries. Officially, it has one owner or PSCs, four directors, and twenty two employees.

The company’s website, designercarpet.co.uk, is clearly focused on online sales. It features a wide range of carpets, rugs, and accessories, categorized by colour, style, material, and room. The site offers expert advice and a free local measurement and quotation service. It’s a busy site with lots of information and a clear focus on selling carpets online. Cookies are used, as is standard practice.

Financially, Designer Carpets And Remnants Ltd shows a mixed picture. Cash bank on hand increased significantly by 95%, jumping to £610,000—a positive sign. However, creditors also rose by 29%, reaching £520,000, suggesting increased reliance on trade credit. Trade debtors increased by 60%, which could indicate delayed payments from customers. Despite this, net assets improved by 34%, reaching £400,000, and net current assets liabilities increased by 48% to £340,000. The company's fixed assets decreased by 23%, which could be due to depreciation or asset sales. It’s a small company, and the lack of an auditor (likely exempt) means the figures are unaudited.

The company’s growth in assets and cash reserves is encouraging, but the increase in creditors and debtors warrants attention. Perhaps the company is investing in inventory to meet anticipated demand, or maybe there’s a slight delay in collecting payments. Either way, Designer Carpets And Remnants Ltd seems to be holding its own, and the positive Google reviews suggest a happy customer base.

Registered in England/Wales under the registration number 07636873, with a registered address at DE23 6AE, England, Derby, 219 Burton Road.

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