Carpets And More Limited

Carpets And More Limited is a small, active company based in Salford, UK, founded thirteen years ago in 2012. With two employees and £422,379 in assets, it operates as a solo-founder business with one director and owner, Bahsoon Akram. The company runs an e-commerce site specializing in flooring, offering everything from laminate and luxury vinyl tiles to carpet and real wood. It also has a showroom and provides a fitting service, with a 1-year guarantee.

The website highlights a family business with over 25 years of experience, emphasizing expert advice and a wide range of products. It also operates a related business, Fires and More, offering fireplaces and fire-related products, and Floors More, a full-service flooring provider. The company’s website also allows customers to book a home consultation and provides a contact form for inquiries.

Financially, Carpets And More Limited shows a mixed picture. Current assets increased by 29% to £420,000, while net assets rose 20% to £250,000. However, bank borrowings decreased by 44% to £12,000, and cash reserves fell 23% to £82,000. Creditors increased significantly by 56% to £180,000. 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 company's financial statements are unaudited, a common practice for small companies. The increase in creditors suggests a reliance on trade credit, while the decrease in cash reserves could indicate reinvestment in the business or increased operational expenses. It’s not clear if the company is burning through money, but the changes in cash and creditors suggest it’s actively managing its finances.

Registered in England/Wales under the registration number 07942154, with a registered address at SK9 1HF, England, Wilmslow, 1 Swan Street.

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