Abbey Tile Supplies Limited

Abbey Tile Supplies Ltd from Watham Abbey UK is a small, family business with an active status, founded 14 years ago. The company employs 13 people and holds £779,657 in assets, operating from a real address. With two directors and two owners, it’s a tightly-knit operation boasting a stellar 5.0 Google rating from 37 reviews. They are regular importers of ceramic products, with 48 months of import activity recorded.

The company’s website showcases a range of tiles – wall, floor, mosaics, and outdoor options – with a focus on new and featured ranges. The site encourages customers to get in touch and view their products, hinting at a retail focus. They have a showroom and a website with a search function, suggesting a blend of in-person and online sales.

Financially, Abbey Tile Supplies Ltd presents a mixed picture. Current assets have decreased by 36% to £780,000, while net assets have increased by 13% to £61,000. Cash reserves have fallen significantly by 81%, down to £7,400, and bank borrowings have increased by 2,400% to £29,000. Creditors have decreased by 39%, suggesting better debt management, but the sharp drop in cash is a concern. Trade debtors have fallen by 31%, and 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. The company is exempt from an audit, so the figures rely on unaudited director-reported data.

In short, Abbey Tile Supplies Ltd appears to be navigating some financial headwinds, despite a strong Google rating and a focus on quality tiles. Whether they can sustain their growth and maintain their excellent reputation remains to be seen.

Registered in England/Wales under the registration number 07354268, with a registered address at EN9 1JD, England, Watham Abbey, Essex, Unit 4 Abbey Point, Cartersfield Road.

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