The Unnatural Flooring Company Ltd

The Unnatural Flooring Company Ltd, based in Plymouth, UK, is a small, active holding company founded eighteen years ago. With eighteen employees and £1,318,019 in assets, it operates from a real address shared by eight other companies, managed by three directors and a single owner. The company regularly imports and exports carpets and textile floor coverings, with 96 months of import activity and 7 months of export activity recorded, the latest being July 01, 2024.

The company's website showcases a range of problem-solving flooring solutions, targeting both residential and commercial clients. It's not a traditional e-commerce site, but rather a platform for showcasing its collections—from washable sisal to luxury vinyl—and directing customers to find a local stockist. The website highlights its unique selling point: durable, natural-looking flooring made from man-made materials, offering a low-maintenance alternative to traditional options. It also boasts a contract flooring division used in prestigious buildings like The Shard and Center Parcs.

Financially, The Unnatural Flooring Company Ltd presents a mixed picture. While current assets increased by 13% to £1,300,000, net assets grew by a more substantial 41% to £720,000. Cash reserves, however, decreased by 5.3% to £390,000. Bank borrowings were dramatically reduced, dropping 100% to zero. Creditors also decreased by 4.8% to £680,000. The company meets the criteria for a small business, with turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. The lack of an auditor mentioned suggests it’s exempt from an audit as a small company.

The significant increase in equity suggests improved profitability or perhaps a revaluation of assets. However, the decrease in cash reserves warrants attention, though it could simply reflect increased investment in inventory or marketing. Overall, The Unnatural Flooring Company Ltd appears to be financially stable, though it’s important to monitor its cash flow and manage its debts effectively.

Registered in England/Wales under the registration number 05957473, with a registered address at PL4 0BN, United Kingdom, Plymouth, Devon, 5th Floor Salt Quay House 4 North East Quay, Sutton Harbour.

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