Euxton Tile Supplies Limited

Euxton Tile Supplies Ltd from Chorley, UK, is a long-standing, small company with an active status, having been founded 75 years ago in 1950. The company, a holding company, employs 34 people and boasts assets of £10,139,677. It operates from a real address and is led by three directors and one owner. A thriving e-commerce site complements its physical showrooms, and it holds a stellar 5.0 Google rating based on 218 reviews. The company is a regular importer of ceramic products, with 97 months of import activity recorded.

The company operates floor and wall covering businesses, with showrooms in Euxton and Poulton-le-Fylde. It caters to both trade and retail customers, offering a wide range of tiles, bathroom suites, and accessories. The company also provides a professional 3D bathroom design service and a trade portal with competitive pricing for tiling essentials. It supplies tiles and accessories to housing developers, architects, contractors, and specifiers, and offers finance options for bathrooms and tiles. The company’s website highlights its extensive tile collections, industry-leading customer service, and a vast range of products from leading manufacturers.

Financially, Euxton Tile Supplies Ltd shows some concerning trends. Accumulated amortisation has increased by 80%, while accumulated depreciation on property and equipment has risen by 35%. Amounts owed by related parties have remained relatively stable, but bank borrowings have surged by 220%, reaching £940,000. Cash reserves have declined by 28% to £140,000. Creditors have increased by 11%, and net assets have risen by 3.2% to £6,400,000. 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 stay flexible, but the increase in bank borrowings and decrease in cash reserves could indicate financial pressure. The company’s unaudited financial statements, prepared under FRS 102, do not mention an auditor. The company’s workforce has decreased slightly, with an average of 32 employees reported.

Registered in England/Wales under the registration number 00479675, with a registered address at PR7 6JH, England, Chorley, 137 Wigan Road, Euxton.

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