Sinclair Till Flooring Company Limited

Sinclair Till Flooring Company Ltd from Belgravia UK is a small, active company founded 38 years ago in 1986. Employing 14 people, it holds £2,055,811 in assets and maintains a real address. With one director and one owner, it boasts a perfect 5.0 Google rating based on two reviews. The company regularly imports and exports carpets and textile floor coverings, with 99 months of import activity and 6 months of export activity recorded.

The company operates in the retail of furniture, lighting, and similar products, and its website, while not fully detailed, suggests a focus on flooring solutions. It’s a small company as it met two conditions of three: turnover less than £10.2 million, balance sheet less than £5.1 million, and fewer than 50 employees.

Financially, Sinclair Till Flooring Company Ltd presents a mixed picture. Current assets remained stable at £2,100,000, while net assets held steady at £1,800,000. Bank borrowings decreased slightly to £4,700, and cash reserves also remained stable at £1,300,000. Creditors decreased by 12%, suggesting improved debt management. However, the company’s net losses increased by 77% to -£23,000. Trade debtors increased by 890%, suggesting delayed customer payments or expanded credit terms, and creditors rose 35% to £34,000. The company’s small size helps it stay agile, but the increase in net losses raises questions. With no auditor mentioned (likely exempt as a small company), the figures rely on unaudited statements.

The company’s director is Miss B D Canessa. It is worth noting that the company has claimed exemption from reporting disclosure related party transactions for wholly entities. The company’s financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

Registered in England/Wales under the registration number 02031998, with a registered address at SW1W 8LS, England, Belgravia, London, 72 Pimlico Road.

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