Wood Floor Centre Limited

Wood Floor Centre Limited, based in Aberdeen, UK, is a small, family-run business with an active status. Founded 27 years ago in 1998, the company employs ten people and holds £1,151,196 in assets. It operates from a virtual address, registered at Johnstone House, and is overseen by three directors and two owners. The business regularly imports wood and wood products, with its last import operation recorded in October 2023.

The company’s website, The Wood Floor Centre, showcases a dedicated showroom in Leigh-on-Sea and highlights its expertise in hardwood flooring installation and restoration. It’s a family business that has supplied and installed bespoke hardwood flooring for trade and public clients since 1993. The website lists several leading flooring manufacturers it represents and emphasizes its commitment to customer service and quality craftsmanship.

Financially, Wood Floor Centre Limited presents a mixed picture. Current assets increased by 7.7% to £1,200,000, while net assets grew by 15% to £950,000. However, bank overdrafts remained steady at £42,000, and cash reserves declined by 46% to £70,000. Trade creditors increased by 19% to £94,000, suggesting potential challenges in managing short-term liabilities. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows it to remain nimble, but the decline in cash reserves warrants attention. No auditor is mentioned, which is typical for small companies exempt from an audit. The company's financial statements are unaudited.

Registered in Scotland under the registration number SC184691, with a registered address at AB10 1HA, Aberdeen, Johnstone House, 52-54 Rose Street.

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