Floorbox Ltd

Floorbox Ltd, based in Norwich, UK, is a small, active company founded eight years ago in 2016. With three employees and £424,573 in assets, it operates from a virtual address – a point to note as sixty-six companies are registered at the same location. The business is overseen by two directors and a single owner, Davy John Roger. Floorbox Ltd irregularly imports plastics and plastic products (two months of activity) and exports electrical machinery and equipment (also two months).

The company's website, The Box Group, reveals a broader operation specializing in temporary flooring, trackway hire, and ground protection solutions. They cater to diverse sectors, including events, construction, military, and stadiums, offering a wide range of products like crane outrigger pads, ground reinforcement grids, and cable protection systems. The site highlights their expertise and commitment to quality, showcasing partnerships with leading brands and emphasizing their ability to provide tailored solutions.

Financially, Floorbox Ltd’s recent accounts present a mixed picture. Net assets have taken a significant hit, plummeting by 550%, landing at -£270,000. Bank borrowings have dramatically increased, soaring 1100% to £130,000, while cash reserves have decreased by 42% to £180,000. Trade debtors have also increased by 35%, suggesting potential challenges in collecting payments. Creditors, however, have decreased by 110%, which could indicate improved management of short-term liabilities. The company’s small size—meeting two of three criteria for being a small company—helps it remain flexible, but the substantial equity decline warrants attention. The accounts are unaudited, which is common for small companies.

Overall, Floorbox Ltd appears to be navigating a period of financial pressure, despite a strong product offering and established market presence. The company’s ability to adapt to these challenges and maintain its customer base will be key to its future success.

Registered in England/Wales under the registration number 10510932, with a registered address at NR3 1AB, England, Norwich, 17-19 St. Georges Street.

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