Mastercraft Rugs Limited

Mastercraft Rugs Ltd from Nelson UK: a small holding company with an active status, has been operating for 42 years. Founded in 1982, it employs 11 people and holds assets worth £3,701,281. The company has a real address, is overseen by four directors, and is owned by one individual. It’s a regular importer, bringing in carpets and textile floor coverings for 78 months, with the most recent import occurring in March 2025.

The company operates in the wholesale of textiles, and its website, while not detailed, suggests a focus on wholesale distribution. It’s a small company, meeting two of three conditions: turnover less than £10.2 million, balance sheet total less than £5.1 million, and fewer than 50 employees.

Financially, Mastercraft Rugs Ltd presents a mixed picture. Accumulated depreciation impairment property plant equipment has seen a significant decrease, with Land Buildings dropping 100% and Plant Machinery decreasing by 67%. However, cash bank on hand has increased by 20% to £2.3 million. Creditors have slightly decreased, while trade debtors have fallen by 9%. The company’s net assets have declined by 13%, settling at £3.3 million. While the company has seen a decrease in property plant equipment, it’s been offset by an increase in trade debtors. It’s important to note that the company is exempt from an audit, so the figures are unaudited. The company’s financial statements are prepared in accordance with Financial Reporting Standard 102.

Registered in England/Wales under the registration number 01688923, with a registered address at BB9 5SP, Nelson, Lancashire, 19 Kenyon Road, Lomeshaye Industrial Estate.

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