Factory Direct Flooring Ltd

Factory Direct Flooring Ltd from Nuneaton, UK, is a small holding company with an active status, having been founded 27 years ago in 1997. The company employs 28 people and holds £2,493,998 in assets, operating from a real address at Hemdale Business Park. It’s managed by one director and one owner, and runs an e-commerce site offering a wide range of flooring options. The company regularly imports wood and wood products, with 69 months of import activity recorded, and occasionally exports plastics and plastic products, with just one month of export activity.

The company’s website showcases a vast selection of vinyl, laminate, LVT, and real wood flooring, catering to both residential and commercial customers. It emphasizes competitive pricing, often boasting discounts up to 60% off high-street prices. The site also provides a room visualizer, flooring guides, and maintenance advice, creating a comprehensive online shopping experience.

Financially, Factory Direct Flooring Ltd shows some concerning trends. Cash bank on hand increased by 38% to £1,000,000, which is good, but accrued liabilities deferred income jumped 50% to £65,000. Average number of employees during the period decreased by 21% to 22. Creditors remained steady at £460,000, but net current assets and liabilities increased by 16% to £2,000,000. It’s a small company, meeting two of three criteria for size (turnover under £10.2m, assets under £5.1m, and fewer than 50 employees). The lack of a mentioned auditor suggests unaudited statements.

Overall, Factory Direct Flooring Ltd appears to be a well-established online retailer, but the financial data suggests it might be facing some challenges in managing its short-term liabilities.

Registered in England/Wales under the registration number 03409155, with a registered address at CV11 6TQ, England, Nuneaton, Warwickshire, Unit 1 Finch Way, Hemdale Business Park.

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