Sandringham Carpets Limited

Sandringham Carpets Ltd, based in London, UK, is a small, active family business established 22 years ago. With four employees and £488,836 in assets, it operates from a virtual address, managed by two directors and owners. The company regularly imports and exports carpets and textile floor coverings, with 6 months of import activity and 4 months of export activity recorded.

The company's website showcases a range of carpets and rugs, from loop pile patterns to bespoke eco-friendly options, alongside accessories like binding tapes and stair rods. It caters to both residential and commercial clients, with a focus on quality and design. The site also features a gallery of past projects and designer profiles, highlighting the company's expertise and commitment to craftsmanship.

Financially, Sandringham Carpets Ltd presents a mixed picture. While current assets increased by 12% to £490,000, finished goods and goods for resale saw a 22% increase to -£39,000. Bank borrowings have decreased, but trade debtors have risen significantly by 29% to £190,000. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) helps it remain flexible, but the increase in debtors could signal challenges in collecting payments. The decrease in depreciation on property and equipment, particularly commercial motor vehicles, suggests reduced investment in assets, which may be a strategic decision to conserve cash. No auditor is mentioned, which is common for small, exempt companies.

Registered in England/Wales under the registration number 04465986, with a registered address at E18 1LR, United Kingdom, London, 5 Chigwell Road.

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