BUDGET CARPET & FLOORING CENTRES LIMITED
Company number 06672883 · Monitor this company
Executive summary
Budget Carpet & Flooring Centres Limited presents a fundamentally sound balance sheet with net assets of £478k and strong cash reserves of £568k, supported by a decade-long trajectory of consistent equity growth. However, the significant intercompany debtor of £278k (30% of total assets) and declining cash trend from £809k to £568k over three years introduce concentration and liquidity risks that warrant conditional approval with appropriate covenants. Any credit facility should require group guarantee support and monitoring of intercompany positions to mitigate the dependency on related party cash recovery.
Shareholders' funds
£478,445
Balance sheet as at 2024-08-31
What it does
The principal activity of the company in the year under review was that of retail sale of carpets, rugs, wall and floor coverings in specialised stores.
The company's own description, from its latest filed accounts.
Overview
- Company type
- Private Limited Company
- Incorporated
- 2008-08-14
- Employees
- 15 (2025 accounts)
- Registered office
- Unit 3 The Vantage, Mannesman Close Swansea Enterprise Park, Swansea, SA7 9AH
- Postcode
- SA7 9AH
- Capital
- 100 GBP
- Accounts category
- Total Exemption Full
- Charges
- 0 outstanding
Accounts
- Last made up to
- 2025-08-31
- Next due by
- 2027-05-31
- Financial year end
- 31 August
Confirmation statement
- Last statement dated
- 2026-08-14
- Next due by
- 2027-08-28
Nature of business (SIC)
- 47530 Retail sale of carpets, rugs, wall and floor coverings in specialised stores
Officers 2 current · 1 resigned
Group structure
Controlled by BUDGET CARPET HOLDINGS LIMITED — since 2021-06-21
From persons-with-significant-control filings on the public register.
Contact details
Previous registered addresses 3
| Address | Changed on |
|---|---|
| 15 BERKELEY CLOSE, BIRCHGROVE, SWANSEA, SA7 9NP | 2010-10-29 |
| 2 GORSAF Y GLOWR, PONTARDULAIS, SWANSEA, SA4 8JJ, WALES | 2008-10-14 |
| GISTERED OFFICE CHANGED ON 14/10/2008 FROM, 2 GORSAF Y GLOWR, PONTARDULAIS, SWANSEA, SA4 8JJ, WALES | 2008-10-14 |
Among its peers
Top 25%
by shareholders' funds, of 36 similar companies in SA
2nd largest employer among its local peers (15 staff).
Trading since 2008.
Competitors Swansea
This company ranks 4 among retail sale of carpets, rugs, wall and floor coverings in specialised stores in Swansea.
The class of 2008
24%
of the 245,266 companies incorporated in 2008 are still active today; 74% have since been dissolved.
A fact about the year, not a forecast for this company.