Tapsell Carpets Ltd

Tapsell Carpets Ltd, based in Wolverhampton, UK, is a small, active company founded eighteen years ago. With six employees and £540,742 in assets, it operates from a virtual address – ten other companies registered at the same location – and is led by three directors and one owner. The company enjoys a perfect 5.0 Google rating from fourteen reviews, highlighting its strong customer service. It’s an irregular importer, specializing in carpets and textile floor coverings, with its last import activity recorded one month ago in June 2023.

The company’s website showcases a wholesale operation focused on carpets, vinyls, artificial grass, LVT, and laminates. It serves customers in Newport, Wales, and emphasizes fast delivery to the surrounding area. While it doesn’t offer fitting services, it does provide carpet binding and boasts over 100,000 square metres of stock. The website also includes frequently asked questions and contact information, including an email address and phone number. It's clear Tapsell Carpets Ltd is focused on serving wholesale customers with a wide range of flooring products.

Financially, Tapsell Carpets Ltd presents a mixed picture. Cash bank holdings decreased significantly by nearly 50%, dropping to £62,000. Creditors increased by 26%, reaching £120,000, while debtors decreased by 36%, falling to £8,100. Property, plant, and equipment also took a hit, decreasing by 26% to £80,000. Despite these challenges, current assets remained relatively stable, increasing slightly to £540,000. The company’s small size—meeting two of three criteria for a small company—allows for flexibility, but the decline in cash reserves and property values warrants attention. There is no auditor mentioned, which is typical for a small company exempt from an audit. The company's equity also decreased by 5.2% to £460,000.

Overall, Tapsell Carpets Ltd appears to be navigating a period of financial adjustment. While its wholesale business seems robust, the company needs to manage its cash flow and debt levels to ensure long-term stability.

Registered in England/Wales under the registration number 06080964, with a registered address at WV2 1EZ, England, Wolverhampton, Suite Ga, St, George's House, Lever Street.

WARNING: The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.
Ports, countries, transport, and price/kg were calculated by CorpSignals; non-official data, may contain errors.