Floors Direct Midlands Ltd

Floors Direct Midlands Ltd, based in Birmingham, UK, is a small, active company founded fifteen years ago. With five employees and £480,257 in assets, it operates a thriving e-commerce site and boasts a 4.0 Google rating from 246 reviews. The company regularly imports wood and wood products, with the latest shipment arriving in November 2024. It’s a real address, registered to one director and two owners (though the full list of owners may be larger).

The company’s website, Floors Direct, positions itself as the UK’s largest nationwide flooring supplier, offering a wide range of laminate, vinyl, and wood flooring options. It’s a real, established business with over 40,000 happy customers, and it’s confident in matching prices. The site even offers financing options and emphasizes fast delivery. It’s a real online retailer with a showroom in Birmingham.

Financially, Floors Direct Midlands Ltd shows a mixed picture. Current assets increased by 16%, reaching £480,000, while net assets remained steady at £1.6 million. Bank borrowings decreased by 5.5%, to £360,000, and cash reserves grew by 54%, reaching £180,000. Creditors decreased by 5.5%, to £360,000, suggesting improved debt management. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) helps it remain agile. The lack of an auditor mentioned (likely exempt as a small company) means the figures rely on unaudited statements.

Overall, Floors Direct Midlands Ltd appears to be a solid, growing business, benefiting from a strong online presence and a wide product range. The steady financials, while not spectacular, suggest a stable foundation for continued success.

Registered in England/Wales under the registration number 07212141, with a registered address at B24 8NP, Birmingham, West Midlands, 79 Tyburn Road.

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