East Midlands Ceramics Limited

East Midlands Ceramics Ltd from Nottingham UK: a small company, holding company, with an active status, has been operating for 45 years. Employing 47 people, the business holds £1,266,379 in assets and boasts a real address. Five directors and one owner guide the company, which enjoys a stellar 5.0 Google rating based on 274 reviews. Regular imports of ceramic products, spanning 123 months, highlight its role as a key importer.

The company operates as a retail specialist, focusing on the sale of carpets, rugs, wall, and floor coverings. Its website, EMC Tiles, showcases a wide range of products, including wall and floor tiles, LVT, SPC tiles, and underfloor heating systems. The site features a robust search function, allowing customers to filter by style, material, colour, and finish. It also includes a "Tile Finder" tool, guiding customers based on their project needs. The website’s design is clean and modern, with high-quality images and detailed product descriptions. It’s clear the company is investing in its online presence, and the site appears to be fully functional for e-commerce.

Financially, East Midlands Ceramics Ltd presents a mixed picture. Cash bank on hand has decreased by 38%, dropping to £130,000. Current assets have also fallen by 15%, now standing at £1,300,000. However, creditors have remained relatively stable, at £1,000,000. Trade debtors have seen a significant decline, falling by 32% to £220,000, which could indicate improved collection practices. The company's net assets have also taken a hit, decreasing by 32% to £490,000. Despite this, the company meets the criteria for a small business, with turnover below £10.2 million, assets under £5.1 million, and fewer than 50 employees. The company’s equity has fallen by 32%, which is a worrying sign. The company has not mentioned an auditor, which is not unusual for a small company.

The trend of falling cash reserves and net assets, combined with the decrease in equity, suggests the company is facing financial pressures. However, the reduction in trade debtors and the stable creditor levels indicate some degree of financial management. The company’s continued focus on importing ceramic products and its strong online presence suggest it’s actively seeking to maintain its market position.

Registered in England/Wales under the registration number 01435173, with a registered address at NG5 9RA, Nottingham, Nottinghamshire, Southglade Business Park, Hucknall Road.

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