County Tile Centre Limited

County Tile Centre Limited, based in Holyhead, UK, is a small, family-run business with an active status, celebrating 21 years since its founding in 2004. The company employs seven people and holds £146,012 in assets, operating from a real address and managed by four directors and three owners. It’s a regular importer of ceramic products, with five months of import activity recorded, the last in May 2023, and runs an e-commerce site.

The company’s website showcases a wide range of tiles, from kitchen and bathroom options to flooring and mosaics, catering to both residential and commercial customers. It features a user-friendly interface, detailed product descriptions, and a blog with helpful tips and inspiration for tile projects. The website also highlights a commitment to customer service, with showrooms in Wiltshire and Hampshire and a dedicated support team.

Financially, County Tile Centre Limited’s recent performance shows some concerning trends. Current assets decreased by 20% to £150,000, while net assets plummeted 71% to just £8,200. Bank borrowings increased, reaching £4,300, and cash reserves fell dramatically, dropping 100% to just £2. Creditors also decreased, suggesting better debt management. 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 remain flexible, but the sharp equity decline raises questions. With no auditor mentioned (likely exempt as a small company), the figures rely on unaudited statements.

The company's financial data indicates a potential need to address cash flow and equity levels. While the e-commerce side appears active and well-reviewed, the financials reveal strain. It is possible the company is investing heavily in inventory or marketing to drive sales, which could explain the temporary dip in profitability.

Registered in England/Wales under the registration number 05078719, with a registered address at LL65 2PU, Holyhead, Anglesey, 17 Holland Park, Cyttir Road.

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