New Image Tile Studio Limited

New Image Tile Studio Ltd, based in Weymouth, UK, is a small, active company established 22 years ago. Employing 17 people, it holds £276,503 in assets and operates from a real address. The company, founded by a solo entrepreneur, is now managed by two directors and one owner, with a stellar 5.0 Google rating from 125 reviews. It’s a regular importer of ceramic products, with 28 months of import activity recorded.

The company’s website showcases a wide range of services, including kitchen and bathroom design, tile sales, and fitted furniture. It’s clearly geared towards a retail customer, with a strong emphasis on design inspiration and expert advice. The website doesn's appear to be primarily e-commerce, but rather a showroom and design service with a retail component.

Financially, New Image Tile Studio Ltd presents a mixed picture. Current assets have decreased by 27% to £280,000, and net assets have fallen 3.4% to -£85,000. Bank borrowings have increased by 45% to £29,000, and cash reserves have dropped significantly by 45% to £29,000. Creditors have decreased by 21%, which could indicate improved debt management. The company meets two of the three criteria to be considered small (turnover under £10.2m, assets under £5.1m, and fewer than 50 employees). With no auditor mentioned, the figures are unaudited.

The company's financial results suggest it's facing some challenges, despite its strong reputation and customer reviews. It’s possible the company is reinvesting in its showroom or expanding its services, which could explain the drop in cash reserves. However, the decrease in net assets is a cause for concern.

Registered in England/Wales under the registration number 04725092, with a registered address at DT4 9TF, United Kingdom, Weymouth, Dorset, 8 Kent Close, Granby Industrial Estate.

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