Loft Boarding Scotland Ltd

Loft Boarding Scotland Ltd, based in Livingston, UK, is a small, active company founded eight years ago. Employing fifteen people, it holds £326,396 in assets and operates from a real address. With one director and two owners (likely a family business, according to the report), the company boasts a stellar 5.0 Google rating from 105 reviews. It’s an irregular importer of wood and wood products, with its last import operation recorded just one month ago.

The company specializes in loft conversions, flooring, and storage solutions, as evidenced by its website. It appears to be primarily an e-commerce business, offering online surveys and quotes for its services. The website highlights its partnership with LoftZone and ecoTrus, suggesting a focus on premium, energy-efficient solutions. It’s clear they’re aiming to provide a full-service experience, from initial consultation to installation.

Financially, Loft Boarding Scotland Ltd shows a mixed picture. While current assets increased by 20% to £330,000, net assets plunged 160% to -£25,000—a significant downturn. Bank borrowings have risen considerably, up 40% to £98,000, and cash reserves have decreased by 16% to £20,000. Creditors, however, have decreased by 69%, which could be a positive sign of improved debt management. The company’s size—meeting two of three criteria for being a small company—allows for flexibility, but the substantial equity decline warrants attention. The report doesn’t mention an auditor, which is common for small companies.

Overall, Loft Boarding Scotland Ltd seems to be a well-regarded local business facing some financial headwinds. The company’s focus on quality and customer service, as reflected in its Google rating and website content, suggests it has a solid foundation—but it will need to address the equity decline to ensure long-term stability.

Registered in Scotland under the registration number SC564453, with a registered address at EH54 5EG, Scotland, Livingston, 19b Nasmyth Court, Houstoun Industrial Estate.

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