Find Surfaces Limited

Find Surfaces Ltd, based in Warrington, UK, is a small, active company founded eight years ago in 2017. With six employees and £243,011 in assets, it operates from a real address and is managed by two directors and one owner. The business runs an e-commerce site specializing in surfaces like marble, onyx, limestone, and porcelain tiles, catering to both interior and exterior design projects. It’s a regular exporter of stone, plaster, cement, and similar materials, with five months of export activity recorded, the latest in August 1993.

The company’s website showcases a wide range of surface collections, from natural stone to porcelain tiles, and even offers a live stone gallery for inspiration. It also provides design and technical advice, and offers UK delivery within five working days. The site features a newsletter sign-up and highlights its commitment to high stock levels and customer service. While the company’s core business revolves around surface materials, its website also suggests a focus on high-end design and a commitment to quality.

Financially, Find Surfaces Ltd presents a mixed picture. Current assets have fallen significantly, dropping 56% to £240,000, while net assets have also decreased, although less dramatically, falling 74% to £670. Bank borrowings have decreased, falling 37%, and cash reserves have plummeted 97%, leaving just £2,600. Trade debtors have seen a dramatic decline, dropping 95%, which could be a positive sign of improved collections, but also could indicate a slowdown in sales. Creditors, however, have increased significantly, rising 180%, which might be due to increased inventory purchases. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for flexibility, but the sharp decline in cash reserves is concerning. As a small company, it’s likely exempt from an audit, so the figures are unaudited.

Overall, Find Surfaces Ltd appears to be navigating a period of financial pressure. While its e-commerce platform and product range suggest a viable business model, the declining cash reserves and rising creditors are cause for concern. Whether the company can sustain its growth and profitability remains to be seen, but its focus on high-quality surfaces and customer service could be key to its long-term success.

Registered in England/Wales under the registration number 10576400, with a registered address at WA2 7JQ, England, Warrington, Cheshire, C/O Townley & Co Ltd Warrington Business Centre, 67 Bewsey Street.

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