Apex Tiles And Bathroom Outlet Ltd

Apex Tiles And Bathroom Outlet Ltd, based in Dewsbury, UK, is a small, active company founded five years ago. With three employees and £271,941 in assets, it's a family-run operation with two directors and a solo founder, Chopdat Asif Ahmad. The company boasts a stellar 5.0 Google rating from 42 reviews, reflecting a strong reputation. It operates from a real address within a business park and is an irregular importer, primarily bringing in ceramic products—just one month’s worth of imports recorded as of November 2024. The business specializes in retail sale of carpets, rugs, wall and floor coverings.

The company's website isn't available for analysis, so it’s difficult to determine if they have an e-commerce presence. However, the business seems to focus on physical retail.

Financially, Apex Tiles And Bathroom Outlet Ltd presents a mixed picture. Current assets have decreased by 8.9% to £270,000, while net assets have increased by 58% to £6,800. Bank borrowings have decreased by 6.4% to £43,000, and cash reserves have fallen by 13% to £8,700. Creditors have also decreased by 6.4% to £43,000. Debtors have seen a dramatic increase, rising by 930% to £5,200, which could indicate a recent surge in sales or a change in payment terms. The company meets two of the three criteria to be considered small, with turnover under £10.2 million and assets under £5.1 million. As a small company, it is exempt from an audit, so the financial statements are unaudited.

Overall, Apex Tiles And Bathroom Outlet Ltd seems to be navigating a period of change. While assets and equity have improved, the sharp increase in debtors and decrease in cash reserves suggest potential challenges in managing cash flow. The company’s strong Google rating and real address point to a solid foundation, but it will be interesting to see how it addresses these financial pressures.

Registered in England/Wales under the registration number 12092506, with a registered address at WF12 9AQ, England, Dewsbury, Unit 7a Victoria Mills Business Park, Mill Street East.

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