P.r. Flooring Supplies Limited

Pr Flooring Supplies Ltd, based in Cambuslang, UK, is a small, holding company with an active status. Established 58 years ago in 1967, it’s a long-standing business employing 11 people and holding £2,078,388 in assets. With four directors and one owner, it maintains a perfect 5.0 Google rating from 32 reviews, a testament to its local reputation. The company regularly imports machinery, boilers, and mechanical appliances, with the last recorded import activity dating back to May 2022.

The company’s website, prflooring.co.uk, showcases its role as a distributor of flooring, highlighting its suppliers like Altro, Ensble, and Polflor. It’s clear that the business operates primarily as a wholesale supplier, catering to commercial clients. The website includes a mailing list signup, indicating an effort to engage directly with customers and promote special offers. Contact details are provided, including a phone number and address on Polmadie Road, Glasgow.

Financially, Pr Flooring Supplies Ltd exhibits a mixed picture. While cash reserves increased by 6.5% to £580,000, trade debtors rose significantly by 25% to £1,300,000, suggesting a potential challenge in collecting payments. Director remuneration increased by 16% to £110,000, reflecting possible changes in compensation structure. Creditors also increased by 22% to £340,000, and bank borrowings are at £720,000. 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 debt warrants attention. The company’s unaudited financial statements, prepared by Ward Williams Limited, rely on director-reported data.

Overall, Pr Flooring Supplies Ltd appears to be a stable, long-standing business navigating the challenges of a competitive market. The company’s focus on customer service and its strong Google rating suggest a solid foundation, but the rising debt levels need to be monitored closely.

Registered in Scotland under the registration number SC044541, with a registered address at G72 7HN, Scotland, Cambuslang, Glasgow, 4 4 Priestley Way.

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