Smartflooruk Ltd

Smartflooruk Ltd, based in Old Harlow, UK, is a small, family-run company with an active status. Founded six years ago in 2018, it employs just three people and holds £278,891 in assets. Operating from a virtual address—where 132 companies are registered—it's managed by three directors and two owners. The company regularly imports and exports stone, plaster, cement, and similar material products, with 66 months of import activity and 11 months of export activity recorded.

The company’s website, Smartflooruk, focuses on supplying polished concrete products and related equipment. It operates as an online retailer, offering a wide range of machines, tools, and accessories for concrete floor preparation, polishing, and maintenance. The site emphasizes expertise in architectural concrete floors and boasts exclusivity over many items. It even provides training videos and a portfolio of completed projects. It's clear they're aiming to be a one-stop shop for concrete specialists.

Financially, Smartflooruk Ltd presents a mixed picture. While current assets increased by 19% to £280,000, net assets declined significantly by 320% to -£38,000. Bank borrowings decreased by 36% to £41,000, and cash reserves plummeted 84% to just £230. Creditors increased by 62% to £250,000, and trade debtors jumped 53% to £120,000. 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 agile, but the significant equity decline suggests potential cash flow challenges. As a small company, it’s likely exempt from an audit, so the financial data is unaudited. The company's continued losses are concerning, but the strong online presence and focus on a niche market could help it turn things around.

Registered in England/Wales under the registration number 11449094, with a registered address at CM17 0ET, United Kingdom, Old Harlow, Essex, 10-12 Mulberry Green.

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