The Modern Floor Co Ltd

The Modern Floor Co Ltd, based in Blackburn, UK, is a small, active company established ten years ago. With three employees and £1,745,370 in assets, it operates from a real address and is led by three directors and one owner. The company runs an e-commerce site and regularly imports plastics and plastic products, with its last import operation occurring in January 2025. It operates in the wholesale of furniture, carpets and lighting equipment industries.

The company's website doesn't provide much detail beyond its core business, suggesting a focus on B2B wholesale rather than direct consumer sales. It appears to be primarily an e-commerce operation, likely targeting trade customers.

Financially, The Modern Floor Co Ltd presents a mixed picture. Cash reserves have increased significantly by 91%, reaching £1.5 million—a positive sign of liquidity. However, net assets have also increased by 130%, reaching £560,000, which could be due to increased borrowing or investments. Trade debtors have decreased by 13%, suggesting improved collection of payments, while creditors have increased by 27%. The company’s employee count has increased by 33%, indicating potential growth, but also increased operational costs. 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 stay agile, but the increased borrowing could be a concern. As a small company, it is exempt from an audit, so the financial information is unaudited.

Registered in England/Wales under the registration number 09572655, with a registered address at BB1 2BX, England, Blackburn, Unit 3 St Ives Business Park, St. Ives Road.

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