Tiflex Limited

Tiflex Limited, a UK-based rubber and cork manufacturer, has been operating from Woking, Surrey for 80 years. Established in 1945, this large company, holding status, employs 144 people and boasts assets of £6,024,000, generating a yearly revenue of £17,292,000. It’s a holding company with five directors and one owner, and currently holds a Google rating of 4.0 based on one review. The company regularly imports iron or steel products (86 months) and exports rubber and rubber products (314 months), indicating a strong international presence.

Tiflex's website highlights its expertise in engineered rubber and cork products, catering to various industries. It operates several brands, including TICO, Trackelast, and Oxbridge, offering solutions from flooring to marine applications. The company’s focus on innovation and quality is evident in its brand messaging and product offerings. It’s clear that Tiflex is not primarily an e-commerce business; instead, it functions as a manufacturer and supplier, directing visitors to contact them directly or explore specific brand pages.

Financially, Tiflex Limited shows some interesting trends. Accrued liabilities and deferred income increased by a substantial 52%, while amounts owed to group undertakings decreased dramatically by 98%. Cash and cash equivalents remained steady at £15,000. However, the most significant change is the sharp increase in debentures in issue, jumping from zero to £850,000—a considerable shift in the company’s funding structure. Net assets also declined by 31%, dropping to £6.3 million. The company’s revenue increased by 42%, reaching £17 million, but losses also deepened significantly. The increase in borrowing and the decrease in equity suggest that Tiflex may be investing heavily in growth or facing increased operating costs. The lack of an auditor mentioned, likely due to its small size, means the financial information is unaudited. Despite these challenges, the company’s long history and diverse product range suggest resilience and a continued focus on its core manufacturing capabilities.

Registered in England/Wales under the registration number 00394614, with a registered address at GU22 8AP, Woking, Surrey, Lion House, Oriental Road.

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