Pay Weekly Monthly Carpets Ltd

Pay Weekly Monthly Carpets Ltd, based in Bradford, UK, is a small, active company founded four years ago. With £330,029 in assets and a virtual address shared by thirty-one other companies, it’s a solo founder operation managed by a single director and owner, Zahir Imran. The company operates an e-commerce site and has a respectable Google rating of 4.0 based on 85 reviews. It’s a regular importer of electrical machinery and equipment, with five months of import activity recorded.

The company’s website highlights its focus on providing affordable flooring solutions through a weekly payment plan, starting from just £10 per week. It emphasizes in-home surveys, precise measurements, and professional fitting services, catering to customers seeking a stress-free way to upgrade their homes. The site also promotes a wide range of flooring options, including carpets, vinyls, laminate, and artificial grass, alongside beds, sofas, and rugs. It’s a no-credit-check flooring provider, offering a convenient option for those seeking accessible flooring solutions.

Financially, Pay Weekly Monthly Carpets Ltd presents a mixed picture. Cash bank on hand increased by 11% to £5,900, but creditors rose by 24% to £410,000. Net current assets and liabilities increased by 62% to -£78,000. Plant machinery depreciated by 21%, and retained earnings accumulated losses decreased by 71% to -£74,000. While the company's small size (meeting two of three conditions for being small) allows for agility, the significant equity decline suggests potential financial pressure. The company is exempt from an audit, so the figures are unaudited. It’s a bit concerning that the company is burning through cash, but the website’s focus on customer service and accessible payment options may help sustain the business.

Registered in England/Wales under the registration number 12770175, with a registered address at BD1 5LL, England, Bradford, West Yorkshire, Trust House C/O Isaacs St James Business Park, 5 New Augustus Street.

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