Ecotile Flooring Ltd

Ecotile Flooring Ltd, based in Luton, UK, is a small holding company with an active status, established twelve years ago in 2013. The company employs twenty-seven people and holds assets worth £5,441,335. It operates from a real address and is managed by two directors and one owner. Ecotile regularly imports iron or steel products, with nineteen months of import activity recorded, and exports plastics and plastic products, with forty-one months of export activity.

The company specializes in the manufacture of builders' ware of plastic industries, offering a UK-made industrial flooring solution. Its website highlights a focus on ultra-heavy-duty flooring, ESD flooring, and anti-fatigue flooring, catering to a wide range of industries, including manufacturing, aerospace, and retail. Ecotile’s interlocking PVC tiles are marketed as a cost-effective, low-maintenance alternative to traditional flooring, offering quick installation and minimal disruption to business operations. The company even provides branded tiles with logos and color-coded walkways to improve workforce safety.

Financially, Ecotile Flooring Ltd presents a mixed picture. While cash reserves increased significantly by 52% to £810,000, net assets decreased by 4.6% to £3,400,000. Bank borrowings, however, decreased by 22% to £280,000. Creditors rose by 28%, reaching £2,300,000, which could indicate increased investment or supplier payments. The company’s small size—meeting two of three conditions for being classified as small—helps maintain agility. The company’s intangible assets declined by 33%, and fixed assets by 23%, which could be due to depreciation or strategic investments. The lack of an auditor mentioned suggests the company is exempt from an audit as a small company.

The company’s focus on a niche market and its emphasis on UK manufacturing could be driving its success, but the declining net assets and rising creditors suggest it’s facing some financial pressures. It's likely the company is reinvesting profits to expand its operations, but careful management of its debts will be crucial for long-term sustainability.

Registered in England/Wales under the registration number 08483743, with a registered address at LU4 9DT, Luton, Unit 15 North Luton Industrial Estate, Sedgwick Road.

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