Hfsco Limited

Hfsco Ltd from Carnforth UK is a small, active company founded eight years ago in 2016. Employing sixteen people and holding assets of £1,905,035, it operates from a real address and is managed by four directors, with one owner, Whiley Simon. The company regularly imports wood and wood products (62 months) and exports carpets and textile floor coverings (13 months), with the latest activity recorded in early 2025.

Hfsco Ltd’s core business revolves around the retail sale of carpets, rugs, wall and floor coverings, specializing in engineered wood, solid wood, luxury vinyl, and tiles. Its website, Hardwood Floor Store, showcases a wide range of flooring options, from herringbone patterns to designer brands like Kahrs, and even offers a free sample service and next-day delivery. The site also caters to different customer segments, with sections dedicated to first-time buyers, house-proud owners, and DIY enthusiasts. It’s clear they’re trying to be a one-stop shop for all flooring needs.

Financially, the picture is a bit mixed. While fixed assets remained stable, current assets dropped by 9.8% to £1,900,000. Bank borrowings, however, vanished completely, going from £98,000 to zero—a significant change. Creditors increased by 29%, reaching £520,000, and cash reserves decreased by 44%, landing at £170,000. 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. No auditor is mentioned, indicating exemption as a small company.

The drop in cash reserves and increase in creditors suggests Hfsco Ltd may be burning through money faster than it’s coming in, but the elimination of bank borrowings is a positive sign. It’s possible the company is reinvesting in its business or managing its debt more effectively. Overall, Hfsco Ltd seems to be navigating the challenges of a small business, relying on its online presence and diverse product offerings to stay competitive.

Registered in England/Wales under the registration number 10245545, with a registered address at LA5 9FD, United Kingdom, Carnforth, Unit 11 Carnforth Business Park, Oakwood Way.

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