Euro Claddings Limited

Euro Claddings Ltd, a small holding company based in the West Midlands, UK, has been a fixture for 50 years, employing 48 people and holding assets valued at £3,109,363. Active since its founding in 1974, the company operates a real address and is managed by four directors and one owner. Its Google rating stands at a respectable 4.0 based on 463 reviews, and it runs an e-commerce site. The company regularly imports ceramic products, with the last import operation recorded four months ago in December 2018.

Euro Claddings Ltd operates in the other retail sale in non-specialised stores industries and is a leading supplier of tiles and accessories to both domestic and commercial customers. Its website, Tile Plus, showcases a wide range of porcelain, ceramic, wall, and floor tiles, along with tools, accessories, and adhesives. The site offers free Midlands delivery and emphasizes low prices, with a "tile discount superstore" branding. It even has two branches, one in Oldbury and one in Sparkbrook.

Financially, Euro Claddings Ltd’s recent performance presents a mixed picture. Creditors increased by 11%, reaching £1.6 million, while cash reserves decreased by 7.4% to £2 million. Bank borrowings, however, have significantly reduced, dropping by 7.3% to £70,000. Net assets remained stable at £2 million. Despite a 49% increase in trade debtors to £340,000, the company’s small size (meeting two of three conditions for a small company) allows for agility. The company has elected not to include a copy of the profit and loss account within the financial statements. With no auditor mentioned, the figures rely on unaudited statements.

Overall, Euro Claddings Ltd appears to be navigating a dynamic market, maintaining a strong online presence and customer base, but facing some financial pressures. The company's long history and established brand suggest resilience, but close monitoring of its financial trends will be important going forward.

Registered in England/Wales under the registration number 01181049, with a registered address at B69 3EB, West Midlands, 100 Dudley Road East, Warley.

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