Portuguese Vintage Tiles Ltd

Portuguese Vintage Tiles Ltd, based in Cirencester, UK, is a small, active company established eleven years ago. With three employees and £1,005,218 in assets, it’s a modest operation run by a solo founder, Bruce Ian Hamilton, who also serves as director and owner. The company maintains a real address and regularly imports ceramic products—a consistent pattern over the past 66 months, with the latest import occurring in December 2024. It operates in the wholesale of textiles industries.

The company’s website showcases a diverse range of products, from hand-painted Portuguese tiles and cork flooring to kitchenware and wellbeing accessories. It’s a vibrant online marketplace, offering free delivery on UK orders over £60 and highlighting its UK warehouse for quick dispatch. The website also features a wide selection of countries and currencies, suggesting an international customer base. The site’s design is clean and modern, with a focus on visual appeal and easy navigation. It’s clear the company is trying to appeal to a broad audience, offering everything from traditional Portuguese crafts to contemporary home décor.

Financially, Portuguese Vintage Tiles Ltd presents a mixed picture. While current assets increased by 19% to £1,000,000, net assets also rose by 26% to £470,000, indicating growth. However, advances to directors decreased significantly by 69% to £47,000, and bank borrowings increased by 16% to £220,000. Trade creditors also increased by 54% to £430,000. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for flexibility, but the increase in creditors suggests a need to manage cash flow more closely. The lack of an auditor mentioned (likely exempt as a small company) means the figures rely on unaudited statements.

Overall, Portuguese Vintage Tiles Ltd seems to be a growing business with a unique product offering. While the financials show some areas for attention, the company’s strong online presence and diverse product range position it well for continued success.

Registered in England/Wales under the registration number 08707230, with a registered address at GL7 1QD, United Kingdom, Cirencester, Gloucestershire, First Floor Office, 67-71 Castle Street.

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