Tsar Carpets (uk) Limited

Tsar Carpets (uk) Limited, based in London, UK, is a small, active family business founded six years ago in 2018. With a single employee and £200,689 in assets, it operates from a virtual address—a detail flagged by the presence of 374 other companies registered at the same location. The company is led by one director and has two owners, although the list of owners may not be exhaustive. Tsar Carpets is a regular importer, specializing in carpets and textile floor coverings, with recent activity recorded in July 2024.

The company’s website showcases a global design collective focused on luxury, custom-made carpets and rugs for high-end residential, commercial, and hospitality projects. It operates showrooms in Melbourne, New York, London, and Portugal, and collaborates with agencies in London and Melbourne. Tsar Carpets emphasizes balancing aesthetics, budget, and performance, offering both ready-made and bespoke pieces. It has recently launched its own production house in Portugal, marking a significant milestone. The website also highlights design consultations and showcases a portfolio of award-winning projects.

Financially, Tsar Carpets (uk) Limited presents a mixed picture. Cash bank on hand saw a dramatic increase of 890%, jumping to £18,000, which is good news. However, trade debtors increased by 18%, suggesting potential delays in customer payments. Creditors also rose by 29%, and other creditors increased by 12%. Net assets, however, increased by 22%, and the company’s small size (meeting two of three conditions for a small company) allows for agility. The lack of a named auditor—likely due to exemption as a small company—means the figures are unaudited. The company's net current assets liabilities increased by 23%, which is something to keep an eye on. It seems like the company is growing, but it's important to monitor its cash flow closely.

Registered in England/Wales under the registration number 11604419, with a registered address at WC1N 2EB, United Kingdom, London, 10 John Street.

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