Jcm Flooring Ltd

Jcm Flooring Ltd, based in London, UK, is a small, active company founded just four years ago in December 2020. It employs three people and holds £249,059 in assets, operating from a virtual address shared by many other companies. With one director and one owner reported, the company regularly imports natural and modified starches, glues, and enzymes—a consistent 13 months of import activity, the latest in November 2024.

The company’s website paints a picture of a family-owned business specializing in hardwood flooring installation, sanding, and refinishing. Operating primarily in Virginia, JCM Hardwood Floors, LLC caters to both residential and commercial clients, offering services ranging from vinyl plank installation to parquet restoration. The website emphasizes customer satisfaction, highlighting knowledgeable technicians, competitive pricing, and a commitment to quality craftsmanship. It also includes a contact form, appointment scheduling, and even a subscription option for email updates.

Financially, Jcm Flooring Ltd shows some concerning trends. Current assets have fallen by 15% to £250,000, while net assets have plummeted 67% to just £45,000—a significant drop. Bank borrowings have increased by 50%, reaching £20000, and trade debtors have fallen by 50% to £33,000. 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 flexible, but the sharp equity decline suggests potential cash flow issues. There is no auditor mentioned, likely due to the company’s small size and exemption from an audit.

In short, Jcm Flooring Ltd is facing challenges despite its apparent customer focus and expertise. The company’s reliance on regular imports and the decline in net assets raise questions about its long-term financial stability, and it is important to note that the numbers are unaudited.

Registered in England/Wales under the registration number 13074352, with a registered address at WC1X 8TA, England, London, C/O Cooper Parry, New Derwent House, 69-73 Theobalds Road.

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