M.h. Tile Plus Limited

Mh Tile Plus Ltd from Oldbury UK: a small, active company founded five years ago, employs three people, and holds £119,386 in assets. It’s a family business with two directors and two owners, and boasts a perfect 5.0 Google rating from 87 reviews. They regularly import ceramic products, with nine months of import activity recorded.

The company operates in the wholesale of wood, construction materials, and sanitary equipment industries. Their website showcases a range of tiles, including indoor and outdoor options, clearance sales, LED lights, and bathroom accessories. They also offer services like tile installation and design consultation, and have a blog featuring articles on acoustic panels and kitchen tiles. It seems like they are trying to appeal to both retail and wholesale customers.

Financially, Mh Tile Plus Ltd shows a mixed picture. Cash bank on hand has doubled to £8,500, which is a good sign, but net assets have increased significantly to £20,000. Trade creditors have remained stable at £40,000, suggesting reasonable debt management. However, bank borrowings have increased substantially by 33%, reaching £65,000—a potential cause for concern. The number of employees has also risen to four, which could be a sign of growth, but it also means increased overheads. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for flexibility, but the increase in borrowings warrants close monitoring. No auditor is mentioned, which is common for small, exempt companies. It's a bit unclear how the company's growth is being funded, but the high Google rating suggests strong customer satisfaction and a solid foundation for future success.

Registered in England/Wales under the registration number 12462074, with a registered address at B68 8SF, United Kingdom, Oldbury, West Midlands, Unit 2 90 Rood End Road.

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