Techfloor Services Limited

Techfloor Services Ltd, based in Darwen, UK, is a small, active company founded 20 years ago. With five employees and £1,062,015 in assets, it operates from a real address and is managed by four directors and one owner. The company regularly imports plastics and plastic products (seven months of activity, last import February 01, 2025) and occasionally exports carpets and textile floor coverings (one month of activity, last export December 01, 2016). It’s a non-specialised wholesale trade business.

The company’s website showcases a wide range of flooring products, including Fortis gym flooring, LG Decotile, Armstrong Commercial Flooring, and DLW Linoleum. It's currently under construction, with a message directing customers to contact them by phone or email. The site highlights a new product line, Fortis Gym Flooring and Hero Rubber, made with Nike Grind, which aren't yet available online. The business also operates a showroom in Blackburn and has a registered address in Haslingden Road.

Financially, Techfloor Services Ltd presents a mixed picture. Accumulated depreciation has risen by 23%, indicating investment in property and equipment, while bank borrowings have decreased by 1.2%. However, cash reserves have plummeted 100% to a mere £100, and creditors have increased by 21%. The company's net assets remain steady at £140,000. The company’s small size (meeting two of three conditions for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) helps it stay nimble. The significant drop in cash reserves, however, suggests it's burning through money, perhaps due to increased stock levels or investment in the new product line. The list of owners was changed two months ago, which is a good sign for potential sales. With no auditor mentioned, the financial statements are unaudited.

Registered in England/Wales under the registration number 05356646, with a registered address at BB3 0FJ, England, Darwen, Lancashire, Unit F1 Tower Business Park, Commercial Road.

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