Elite Ceramics International Limited

Elite Ceramics International Ltd, based in Stoke On Trent, UK, is a small, active company established fifteen years ago in 8 June 2009. With £165,820 in assets and a real address shared with only one other company, it’s a modest operation run by two directors and a single owner. The company regularly imports machinery, boilers, and mechanical appliances, with nine months of import activity recorded, the latest in September 2024.

The company’s website highlights its specialization in the ceramic tiling industry, catering to commercial and industrial works and sectors like health, education, retail, and airports. It emphasizes high-quality workmanship, adherence to timelines, and strong links with tile suppliers, allowing for cost savings. The website also showcases past projects and encourages potential clients to contact them for information or queries.

Financially, Elite Ceramics International Ltd presents a mixed picture. Current assets increased by 6% to £170,000, while net assets decreased by 25% to -£360,000. Bank borrowings surged by a significant amount, reaching £6,600, and cash reserves fell to zero. Creditors increased by 18% to £530,000, suggesting potential cash flow challenges. 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 equity decline is concerning. The accounts are unaudited, as is common for small companies.

While the company appears to be actively engaged in the tiling industry and boasts a strong focus on customer satisfaction, the financial data suggests a need for careful management. The increase in bank borrowings and the drop to zero cash reserves indicate a potential strain on resources, and it’s important to monitor these trends closely.

Registered in England/Wales under the registration number 06942142, with a registered address at ST6 2BA, United Kingdom, Stoke On Trent, Staffordshire, C/O Tricer Limited Unit 1, Dudson Business Park.

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