Stanford Industrial Concrete Flooring Limited

Stanford Industrial Concrete Flooring Ltd, based in the West Midlands, UK, is a well-established company with a 35-year history. Employing 59 people and boasting assets of £21.5 million, it’s a large operation, meeting two of three criteria for a large company. As a holding company with an active status, it’s a significant player in the construction sector. The company’s Google rating of 5.0, based on eight reviews, speaks to its reputation. While it exports optical and medical tools and devices irregularly, its core business revolves around concrete flooring solutions.

The company’s website highlights its expertise in high-tolerance industrial concrete flooring, serving blue-chip clients like Kuehne + Nagel, UPS, and John Lewis. It offers design, supply, and installation services, emphasizing durability and performance. Notably, Stanford Industrial Concrete Flooring Ltd provides CITB and ACIFC training and assessment services, demonstrating a commitment to workforce development.

Financially, the company’s recent performance presents a mixed picture. While cash and cash equivalents increased by a substantial 25% to £12 million, current assets declined by 29% to £22 million. Bank borrowings increased by 78% to £4.1 million, and net losses deepened to £5.5 million, a 38% decrease from the previous year. Creditors decreased by 40% to £12 million, suggesting improved debt management. The company’s director remuneration increased by 52% to £1.4 million, and staff costs rose by 11% to £4.6 million. The lack of an auditor mentioned suggests the company is exempt from mandatory auditing.

These trends could reflect increased operational costs, perhaps due to supply chain challenges or inflation, while the decrease in current assets could be due to increased investment in inventory or equipment. The company’s focus on training and its strong client base suggest a commitment to long-term success, but careful financial management will be crucial to navigate these pressures.

Registered in England/Wales under the registration number 02470129, with a registered address at B70 0DG, West Midlands, 5 Richmond Street South, West Bromwich.

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