Discount Tiles And Stones Ltd

Discount Tiles And Stones Ltd from Wembley Park UK: a small, active company founded five years ago, employs one person, and holds £329,049 in assets. It’s a real address, managed by one director and owner, and operates an e-commerce site, regularly importing ceramic products – a consistent pattern over the last 19 months, with the last import recorded in July 2023. The business engages in cutting, shaping and finishing of stone, floor and wall covering, specialised construction activities, and non-specialised wholesale trade.

The company’s website, Discount Tile and Bathroom Warehouse, showcases a wide range of tiles and bathroom supplies, offering both online and in-store shopping experiences. It's a full-fledged e-commerce platform with a focus on competitive pricing, special offers, and a showroom in Gravesend, with a second location in Sidcup. The site also highlights a commitment to customer service, with a focus on local quotes and a wide selection of original style tiles. It also has a blog with articles and inspiration for bathroom and kitchen design.

Financially, Discount Tiles And Stones Ltd presents a mixed picture. Current assets have declined by 14%, settling at £330,000. However, bank borrowings have increased by a significant 2,400%, reaching £29,000, and cash reserves have fallen by 51%, now sitting at £79,000. Creditors have decreased by 17%, suggesting improved debt management. Equity, however, has seen a dramatic turnaround, increasing by 360% to £6,800, a positive sign. The company’s small size—meeting two of three conditions for being classified as small—helps it remain flexible, but the increase in borrowings warrants attention. No auditor is mentioned, which is typical for a small, exempt company.

Overall, Discount Tiles And Stones Ltd appears to be navigating a period of change. While its e-commerce presence is strong and its product range diverse, the increase in borrowings suggests a need to carefully manage cash flow. The positive turnaround in equity, however, offers a glimmer of hope, indicating that the business may be on a path to financial stability.

Registered in England/Wales under the registration number 12106214, with a registered address at HA9 8HP, England, Wembley Park, Middlesex, 102 Wembley Park Drive.

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