John Palmer Carpets Limited

John Palmer Carpets Ltd, based in Fareham, UK, is a small holding company with an active status, celebrating 29 years since its founding in 1995. Employing 31 people, the company holds assets totaling £3,761,103. It operates from a real address and is overseen by three directors and one owner. The company is an irregular importer, bringing in wood and wood products for about two months out of the year, with the most recent import activity occurring in February 2025.

The company’s website showcases John Palmer Carpets Ltd as a leading carpet and flooring distributor in Hampshire, supplying a comprehensive range of flooring materials to the trade across the South of England. They offer everything from carpets and carpet tiles to luxury vinyl tiles and safety flooring, catering to both commercial and residential clients. The company operates its own delivery fleet and utilizes a network of associated companies for UK-wide deliveries. Their website clearly indicates a wholesale business model, selling to trade customers rather than directly to consumers.

Financially, John Palmer Carpets Ltd presents a mixed picture. Property, plant, and equipment gross cost decreased by 25% to £440,000, while cash bank on hand also dropped significantly by 26% to £120,000. However, trade debtors increased by 2.5% to £2 million, suggesting a possible improvement in customer payments. Despite these changes, net assets decreased by 7.9% to £2.6 million. The company’s small size—meeting two of three conditions for a small company—allows for agility, but the decline in equity warrants attention. The accounts are unaudited, and no auditor is mentioned, which is typical for a small company.

The company’s focus on wholesale distribution and its irregular import activity suggest a business model that relies on established supplier relationships and careful inventory management. While the financial data indicates some challenges, the company’s long-standing presence and broad product range suggest a resilient business, though it’s clear that some adjustments may be needed.

Registered in England/Wales under the registration number 03076415, with a registered address at PO16 8XJ, Fareham, Hampshire, Units 1-5 Standard Way, Fareham Industrial Park.

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