The Big Red Carpet Company Limited

The Big Red Carpet Company Limited, based in Nottingham, UK, is a small, active company established twelve years ago in 2013. It holds assets valued at £406,137 and operates from a real address in Beeston. With two directors and two owners, the company is a modest-sized operation. 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 employees less than 50.

The company specializes in retail sales via mail order and internet, offering a vast selection of carpets, rugs, and flooring options. Its website showcases a wide range of brands and styles, from traditional wool carpets to contemporary vinyl flooring, catering to diverse tastes and budgets. It’s a comprehensive ecommerce platform, allowing customers to browse, select, and purchase flooring products online. The site’s extensive product listings, detailed descriptions, and high-quality images provide a user-friendly shopping experience.

Financially, the company's recent performance presents a mixed picture. Accumulated depreciation for furniture and fittings increased by 31%, while specific advances to directors rose by 34%. Cash bank holdings increased by 31% to £9,900, but trade creditors increased significantly by 69% to £65,000. The company’s net assets declined slightly by 2.9% to £300,000, and net current assets also decreased by 1.8% to £300,000. The increase in creditors suggests the company may be relying more on credit from suppliers, which could be a concern if sales don’t improve. The lack of an auditor mentioned, likely due to its small size, means the figures are unaudited.

Overall, The Big Red Carpet Company Limited appears to be navigating a challenging environment. While its online presence and product range are impressive, the financial data suggests a need for careful management and a focus on improving cash flow.

Registered in England/Wales under the registration number 08495437, with a registered address at NG9 2HG, England, Nottingham, 1a Marlborough Road, Beeston.

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