Volante Limited

Volante Ltd from Chessington UK is a large, holding company with an active status, established 43 years ago. Employing 49 people, the company holds assets worth £12,517,370 and operates from a real address. With five directors and one owner, Volante Ltd maintains a respectable Google rating of 4.0 based on 59 reviews. The company regularly imports wood and wood products (5 months), and irregularly exports iron or steel products (1 month).

Volante Ltd is a market-leading, independent distributor of floor coverings and accessories, catering to the trade. Its website highlights a wide range of products, from carpets and luxury vinyl tiles to stair nosings and accessories, sourced from major brands like Interface, Milliken, and Karndean. The company emphasizes next-day delivery from its Chessington distribution center and prides itself on serving London and the South East of England. It even owns Floor It Trade Sales Limited.

Financially, Volante Ltd demonstrates mixed performance. While cash and cash equivalents increased by 42% to £1.7 million, net assets dipped slightly to £9 million. However, bank borrowings have surged by 200% to £300,000, and net losses increased by 39% to £390,000. Despite this, trade creditors decreased by 2.9%, suggesting improved debt management. The company meets the criteria for a large company, with a turnover exceeding £36 million, a balance sheet total of over £18 million, and more than 250 employees. The increase in average employees by 10% to 54 suggests growing demand.

The accounts, audited by Ward Williams Limited, do not mention any significant issues. The company’s focus on quality and service, combined with its extensive product range, positions it well in the competitive flooring market. The increase in bank borrowings, however, warrants monitoring, and the increased losses could be a sign of rising costs or a slowdown in sales.

Registered in England/Wales under the registration number 01589517, with a registered address at KT9 1TW, England, Chessington, 50 Cox Lane.

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