Lakin Carpet & Flooring Company Ltd

Lakin Carpet & Flooring Co Ltd, based in Tamworth, UK, is a small, active company established 37 years ago. With three employees and £183,327 in assets, it’s a well-established local business. Boasting a perfect 5.0 Google rating from 27 reviews, it clearly prioritizes customer satisfaction. The company is led by one director and owner, Nigel Lakin, and operates from a real address on the Lichfield Road Industrial Estate.

The company's website showcases a range of flooring options, including wood laminate, luxury vinyl tile (LVT), carpet, and sheet vinyl. It serves both residential and commercial clients, offering installation services and a gallery of completed projects. Opening hours are Monday to Friday, 9:30 am to 5:30 pm, with a dedicated contact number and printable directions available. It's a traditional retail business, not heavily focused on e-commerce, though the website provides basic product information and contact details.

Financially, Lakin Carpet & Flooring Co Ltd presents a mixed picture. While cash reserves increased by 14% to £170,000, and current assets grew by 15% to £180,000, other areas show concern. Creditors jumped 32% to £71,000, and trade debtors rose significantly by 74% to £8,000, suggesting potential difficulties in collecting payments. Property, plant, and equipment decreased by 3%, and the number of employees dropped by 33% to just two. The company's small size—meeting two of three criteria for a small company—allows for flexibility, but the rising debts and employee reduction are worth noting. No auditor is mentioned, which is typical for companies of this size. It’s a business that seems to be holding its own, but the rising debts are something to keep an eye on.

Registered in England/Wales under the registration number 02218841, with a registered address at B79 7XF, Tamworth, Staffordshire, Unit 20 Ariane, Lichfield Road Industrial Estate.

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