Cement Tile Shop Europe Ltd

Cement Tile Shop Europe Ltd, based in Redditch, UK, is a small, family-run business with an active status. Founded ten years ago in 2015, it employs just one person and holds £59,740 in assets. Operating from a real address and managed by one director and two owners, the company runs an e-commerce site specializing in cement tiles. It’s an irregular exporter of ceramic products, with its last export operation recorded over four years ago in May 2019.

The company’s website showcases a range of cement tiles, offering both standard and bespoke designs. It caters to interior designers, architects, and homeowners seeking unique flooring solutions. The site emphasizes quality materials, expert craftsmanship, and a commitment to sustainable practices – a growing trend in the home improvement sector.

Financially, Cement Tile Shop Europe Ltd presents a mixed picture. Current assets have fallen by 3.4% to £60,000, while net current assets liabilities are at -£120,000. Bank borrowings have increased, and cash reserves have decreased, suggesting a reliance on credit. Creditors have also risen, which could be due to increased stock levels to meet customer demand. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 25 employees) allows for flexibility, but the negative equity is a concern. No auditor is mentioned, likely due to the company’s small size and exemption from audit requirements.

The company’s irregular export activity suggests a focus on the domestic market, but the potential for international growth remains. While the financial data indicates some challenges, the company’s niche product offering and e-commerce platform position it for continued success—though it's important to keep an eye on the balance sheet.

Registered in England/Wales under the registration number 09468991, with a registered address at B96 6NE, United Kingdom, Redditch, Greycroft, The Saltway.

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