Global Tiles Limited

Global Tiles Ltd from Colwyn Bay UK: small company, active status, founded 23 years ago, 9 employees, £498,213 assets, real address, 2 directors, 1 owner. Regular importer of ceramic products (11 months imported). It's a small company as it met two conditions of three: turnover less than £10.2 million, balance sheet less than £5.1 million, employees less than 50. The company operates in the retail sale of hardware, paints and glass in specialised stores industries. Officially, it has one owner or PSCs, two directors, and nine employees.

Global Tiles Ltd’s website showcases a retailer specializing in tiles sourced from around the world, catering to diverse home styles. The online store offers a wide range of tiles and materials, and they also have a showroom in Mochdre, Colwyn Bay. They’re proud of their 30+ years of trade knowledge and expertise. The site highlights sales and offers a 10% discount for first-time buyers using a code. They also offer design services and feature various tile collections, including Italian porcelain and wood-effect tiles. It seems they are focused on online sales, but also offer a physical showroom experience.

Financially, Global Tiles Ltd presents a mixed picture. Current assets have decreased by 24% to £500,000, while net assets have also fallen by 4.1% to £940,000. Bank borrowings have increased, and cash reserves have dropped 26% to £270,000. Creditors have decreased significantly, suggesting improved debt management. The company’s small size helps it stay agile, but the drop in equity raises questions. The company is exempt from an audit, so the financial statements are unaudited. It's a bit concerning that the number of employees reported has fallen from nine to four.

Overall, Global Tiles Ltd appears to be navigating a challenging economic climate. While the retail side seems active, the financial figures indicate some pressure.

Registered in England/Wales under the registration number 04397343, with a registered address at LL28 5HF, Colwyn Bay, Conwy, Units 2 & 3 Eagles Farm Road, Mochdre Business Park Mochdre.

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