Hyperion Tiles Ltd

Hyperion Tiles Ltd, based in Farnborough, UK, is a small, active company founded thirteen years ago in 2011. With four employees and £153,492 in assets, it operates from a virtual address shared by forty-two other companies, a detail that raises some questions. The business is led by a solo founder and director, Richard Skeoch, and runs a thriving e-commerce site with a stellar 5.0 Google rating based on seventy-nine reviews. The company is an irregular importer of ceramic products, with just one month of imports recorded as of March 6, 2024.

Hyperion Tiles specializes in the retail sale of carpets, rugs, wall, and floor coverings, offering a vast selection of tiles and flooring options via its website. The site showcases a wide range of brands, designers, and colours, and even includes a blog with articles on interior design trends. It seems they are doing well to attract customers.

Financially, Hyperion Tiles presents a mixed picture. While bank borrowings decreased by 52%, bank overdrafts increased dramatically by 1,000%, reaching £110,000—a concerning trend. Cash reserves also declined by 41% to £36,000. On the positive side, trade debtors increased by 190%, suggesting a potential boost in sales. The company meets the criteria for a small business, with turnover less than £10.2 million, assets less than £5.1 million, and fewer than fifty employees. The decrease in equity, however, is significant, dropping 60,000%, a worrying sign. With no auditor mentioned, the financial statements are unaudited.

It’s clear that Hyperion Tiles is a popular choice for customers seeking tiles and flooring, but the financial data suggests it’s facing some challenges. The company's ability to navigate these pressures and maintain its growth will be key to its long-term success.

Registered in England/Wales under the registration number 07722634, with a registered address at GU14 7LY, Farnborough, Hampshire, 269 Farnborough Road.

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