Meadee Flooring Limited

Meadee Flooring Ltd, based in Reading, UK, is a small, active company established 21 years ago. With four employees and £739,758 in assets, it’s a well-established operation managed by three directors and two owners. The company has a real address and regularly imports rubber and rubber products (3 months), though it exports plastics and plastic products irregularly (1 month).

The company specializes in flooring and wall coverings, offering a wide range of products and services, including commercial, safety, office, and retail flooring. Its website showcases expertise in areas like carpet, rubber, gym, and vinyl flooring, catering to diverse clients from schools to hotels. It even offers specialist services like Altro flooring and wetroom flooring, demonstrating a comprehensive approach to the industry. The company operates from Unit 15 Bennet Road, and prides itself on providing expert and friendly service, competitive prices, and even out-of-hours fitting services.

Financially, Meadee Flooring Ltd presents a mixed picture. While cash reserves increased by a solid 12% to £620,000, net assets also grew by 7.9% to £860,000. However, other creditors have risen dramatically by 240% to £40,000, and trade debtors have fallen by 16%, suggesting potential challenges in collecting payments. Bank borrowings have decreased significantly by 70%, which is a positive sign. The company’s small size (meeting two of three conditions for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for flexibility, but the increase in other creditors warrants attention. As a small company, it’s likely exempt from an external audit, so the figures are based on unaudited director reports.

Registered in England/Wales under the registration number 04884253, with a registered address at RG2 0QX, Reading, Berkshire, Unit 5,Bennet Place, 15 Bennet Road.

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