West End Carpet Co. Limited

West End Carpet Co. Limited, based in London, UK, is a small, family-run business with an active trading status. Founded 54 years ago in 1970, it employs 14 people and holds £332,459 in assets. With a real registered address and three directors and owners, it’s a well-established operation, boasting a Google rating of 4.0 based on 23 reviews. The company regularly imports carpets and textile floor coverings—a consistent 33-month activity—while exporting them irregularly, with just one month of export activity recorded as of May 2021.

The company’s website, West End Carpets, emphasizes a family-run business with over 50 years of experience fulfilling clients’ wishes. Based in North London, it serves London and the Home Counties, offering a wide choice of products. The website highlights its professionalism and user experience, and even features testimonials from satisfied customers, like interior designer Andrea Maflin. It’s clear the company is focused on providing exceptional products and service, with a showroom in Finchley and a focus on both residential and commercial work.

Financially, West End Carpet Co. Limited presents a mixed picture. Current assets have plummeted by a significant 73%, dropping to £330,000, while net assets have risen by 22%, reaching £710,000. Bank borrowings have decreased by 81%, falling to £160,000, and cash reserves have fallen by 81%, dropping to £160,000. Creditors have decreased by 19%, suggesting better debt management. Amounts owed to related parties have increased by a staggering 280%, reaching £230,000. 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 sharp decline in cash reserves and the increase in related-party debt are concerning. As a small company, it is exempt from an audit, so the figures are unaudited.

Registered in England/Wales under the registration number 00990830, with a registered address at N12 9RW, England, London, 928 High Road, Finchley.

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