S.a.m. Carpets Limited

S.a.m. Carpets Limited, based in Birmingham, UK, is a small, active company founded 23 years ago in 2001. With 24 employees and £1,024,043 in assets, it’s a modest operation run by four directors, although no owners are officially listed. The company has a real registered address and operates primarily as a regular importer of ceramic products, with 10 months of import activity recorded, the last in August 2022. It also engages in irregular exporting of special combined nomenclature codes, with just 2 months of export activity as of October 2023.

The company’s website, Sam's Carpets and Flooring Ltd, showcases a retail business specializing in carpets, LVT, laminate, and vinyl flooring. Operating from East Kilbride, Glasgow, it offers showroom visits, free home visits, and installation services throughout East Kilbride, Glasgow, Lanarkshire, and Central Scotland. The website highlights a wide selection of flooring brands, competitive pricing, and a commitment to customer satisfaction. They even provide a free measuring service.

Financially, S.a.m. Carpets Limited shows a mixed picture. Current assets decreased by 8.4% to £1,000,000, while net assets remained steady at £2,200,000. Bank borrowings increased, and cash reserves fell by 75% to £100,000. Trade debtors increased significantly, suggesting a possible need to manage customer payments more closely. 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 agility, but the decrease in cash reserves is a point to watch. The accounts are abridged and unaudited, and no auditor is mentioned.

The decline in fixed assets by 13% is also notable, perhaps reflecting strategic investments or asset disposals. While the company’s website portrays a thriving retail business, the financial data suggests it’s navigating some challenges. It's likely that the business is working hard to maintain profitability in a competitive market.

Registered in England/Wales under the registration number 04308049, with a registered address at B11 2LQ, Birmingham, West Midlands, Unit 10-11 Tyseley Ind Estate, Seeley Road Tyseley.

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