Flanagan Flooring Distributors (scotland) Limited

Flanagan Flooring Distributors Scotland Ltd is a small, active family business founded 22 years ago. Based in Saintfield, Northern Ireland, it operates with 35 employees and holds £3,322,790 in assets. The company, with four directors and two owners, has a stellar 5.0 Google rating from 18 reviews. It’s a regular importer of carpets and textile floor coverings, with 11 months of import activity recorded.

The company’s website highlights its position as the largest independent wholesale flooring distributor in the UK and Ireland. It caters to trade customers, offering a wide range of flooring options including laminates, LVTs, vinyls, and carpets. The site emphasizes a customer-first approach, offering a portal for customers and promoting a family-run business with over 45 years of experience. It also features a careers section, a blog, and contact information for its branches in Republic of Ireland, Northern Ireland, and Scotland.

Financially, Flanagan Flooring Distributors shows some concerning trends. Cash bank on hand dropped a significant 79% to £300,000, while current assets decreased by 23% to £3,300,000. Trade debtors increased by 26% to £980,000, suggesting a build-up of outstanding payments. Creditors also decreased by 18%, which is a positive sign. The company meets the criteria for a small company, with turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. It’s worth noting that accrued liabilities increased by 57%, which could indicate rising operational costs. The company’s accounts are unaudited, and no auditor is mentioned.

Overall, Flanagan Flooring Distributors appears to be facing some financial headwinds, despite its strong reputation and loyal customer base. The company’s long history and family-run nature could provide resilience, but it will need to address these trends to ensure its long-term success.

Registered in Northern Ireland under the registration number NI046343, with a registered address at BT24 7EP, Millpond Business Park, Saintfield.

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