Prestige Wood Floor Specialists Limited

Prestige Wood Floor Specialists Ltd from Wolverhampton UK is a small, active company founded 21 years ago. With five employees and £1,486,993 in assets, it’s a family business operating from a real address. Two directors and two owners manage the company, which boasts a stellar 5.0 Google rating based on six reviews. Regular importer of machinery, boilers, and mechanical appliances; parts (9 months imported).

The company specializes in the floor and wall covering industries, offering a wide range of services including wood floor restoration, repair, and fitting. They also act as distributors for JackEvie Wood Floor Collections, a bespoke brand offering traditional and modern wooden floors. Prestige Wood Floor Specialists Ltd caters to both domestic and commercial clients, with a focus on high-quality workmanship and customer satisfaction. Their website highlights dust-free sanding, nationwide restoration services, and a showroom, indicating a commitment to both traditional and modern techniques.

Financially, Prestige Wood Floor Specialists Ltd shows a mixed picture. Cash reserves decreased by 64% to £230,000, while bank borrowings vanished completely. Creditors increased by 12% to £300,000, and accrued liabilities rose 26% to £12,000. However, trade debtors decreased by 15% to £120,000, suggesting improved collection efficiency. The company’s small size (meeting two of three conditions for being a small company) allows for flexibility, but the decline in cash and increase in liabilities warrants attention. The company’s net assets increased by 8.8% to £1,600,000. No auditor is mentioned, which is likely due to the company’s small size and exemption from an audit. The company’s turnover is not mentioned, but it’s likely to be less than £10.2 million.

Registered in England/Wales under the registration number 05055672, with a registered address at WV10 7DZ, England, Wolverhampton, Unit 22 Laches Close, Four Ashes.

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