C Tile Limited

C Tile Limited, based in Llandudno, UK, is a small, family-run business with an active status, established 22 years ago. With four employees and £175,290 in assets, it operates from a virtual address shared by 34 other companies. The company is led by three directors and owned by two individuals. It’s an irregular importer, primarily dealing in machinery, boilers, and mechanical appliances, with the last import activity recorded nearly five years ago.

The company’s website reveals a broader scope: C M Floor and Wall Tiling Ltd, a well-established flooring and restoration business operating across the UK. Founded in 1994, this division specializes in tiling, restoration, and comprehensive flooring services, catering to residential developments, retail spaces, and more. It even has a showroom in Harrods, London. The website highlights expertise in various materials, including terrazzo, ceramic, and Amtico, and offers services ranging from hardwood flooring installation to surface polishing.

Financially, C Tile Limited shows some concerning trends. Current assets have fallen by 24% to £180,000, and net assets have dropped 13% to £120,000. Bank borrowings have decreased, and cash reserves have fallen by 35% to £130,000. Creditors have also decreased, suggesting improved debt management. The company meets the criteria for a small company, with turnover less than £10.2 million, assets under £5.1 million, and fewer than 50 employees. The lack of an auditor mentioned is not surprising, given its size and exemption status.

While the flooring and restoration division appears to be thriving, the financial data for C Tile Limited itself suggests it’s facing some financial pressure. Whether the two businesses can support each other remains to be seen, but for now, the company is betting on its expertise and customer satisfaction to navigate these challenges.

Registered in England/Wales under the registration number 04640847, with a registered address at LL30 2RD, Llandudno, Conwy, 19 Trinity Square.

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