Glide And Slide Limited

Glide And Slide Ltd from Walsall UK: small company, active status, founded 10 years ago, 26 employees, £1,056,948 assets, real address, 2 directors, 1 owner, e-commerce site. Regular importer of glass and glassware (6 months imported). It’s a small, family-run business specializing in bespoke fitted wardrobes and furniture, operating from its Aldridge showroom and manufacturing facility. The company, established ten years ago, employs 26 people and holds a respectable £1,056,948 in assets. With two directors and a single owner, Wayne Bottomer, the business maintains a real address and operates an e-commerce site, regularly importing glass and glassware for around six months.

The company’s website showcases a wide range of fitted wardrobes, sliding doors, and interior options, catering to homeowners seeking stylish and functional storage solutions. It emphasizes a "bespoke" approach, allowing customers to design their own wardrobes with various finishes, frames, and interiors. The site also highlights its services, including free design appointments, CAD design, and professional installation. It's a clear focus on high-quality, custom-made furniture.

Financially, Glide And Slide Ltd presents a mixed picture. While net assets increased by a significant 20%, reaching £1 million, key indicators show some volatility. Cash reserves grew by a modest 4.2% to £660,000, but trade debtors surged by 60%, reaching £300,000—suggesting potential delays in customer payments. Bank borrowings decreased, which is a positive sign. Raw materials decreased by 34%, which could indicate a more efficient inventory management. 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. As a small company, it’s exempt from an audit.

Despite the growth in net assets, the increase in trade debtors warrants attention. It's possible that the company is expanding its credit terms to attract more customers, but it's important to monitor these payments closely. Overall, Glide And Slide Ltd appears to be a healthy, growing business, but it should keep an eye on its cash flow and manage its debtors effectively.

Registered in England/Wales under the registration number 09461129, with a registered address at WS9 8TL, England, Walsall, West Midlands, Unit 3 Northgate Business Park Northgate, Aldridge.

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