Luxury Wood Flooring Ltd

Luxury Wood Flooring Ltd, based in Pinner, UK, is a small, active company established fourteen years ago. With a single employee and £164,318 in assets, it operates from a virtual address – twenty companies registered at the same location – and is managed by two directors and owners. The company regularly imports tanning and dyeing products, with eighteen months of import activity recorded, the latest in December 2024.

The company's website showcases a range of services, including wood flooring supply, installation, fitting, sanding, and restoration. It also offers bespoke marquetry flooring designs and operates a showroom in London. The website highlights a focus on quality craftsmanship and caters to both residential and commercial clients. It’s clear they’re aiming for a premium market, with a focus on unique designs and high-end materials. They even offer a range of special offers, like Versailles panels and basket weave parquet.

Financially, Luxury Wood Flooring Ltd shows a mixed picture. Current assets have decreased by 27% to £160,000, while net assets have fallen 25% to £110,000. Bank borrowings have significantly reduced by 27%, reaching £23,000, which is a positive sign. However, trade debtors have increased dramatically by 640%, reaching £110,000 – potentially indicating issues with customer payments or a change in credit policies. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for flexibility, but the increase in debtors warrants closer attention. With no auditor mentioned (likely exempt as a small company), the figures rely on unaudited statements.

The company’s focus on high-end design and bespoke services suggests a strategy of differentiation, but the increase in debtors could be a challenge. It’s possible that the company is investing in growth, which could explain the increase in receivables, but it’s something to monitor.

Registered in England/Wales under the registration number 07560700, with a registered address at HA5 4HS, Pinner, Middlesex, 262 Uxbridge Road.

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