Tile Range Limited

Tile Range Limited, based in Leicester, UK, is a small, active company founded five years ago. With a single employee and £20,897 in assets, it operates from a real address and is led by one director and owner. The company regularly imports ceramic products, with the last import operation occurring in February 01, 2025. It functions within the “other business support service activities n.e.c.” industry.

The company’s website showcases a wide range of tiles – ceramic, porcelain, wall, floor, kitchen, bathroom, and outside – available in various colours, styles, shapes, sizes, and finishes. It also offers tile accessories like adhesives, grouts, and sealers. The site’s layout suggests a showroom-style presentation, with a focus on visual appeal and product categorization. It appears to be primarily an e-commerce platform, lacking any mention of a physical store location beyond the registered address.

Financially, Tile Range Limited presents a mixed picture. Cash bank on hand has significantly dropped by 85%, leaving only £900. Bank borrowings, however, have increased by 140%, reaching £23,000. Creditors have also risen substantially by 66%, indicating a greater reliance on short-term financing. The company’s net assets have decreased by 14%, settling at -£26,000. Despite these challenges, current assets have increased by a substantial 130%, reaching £21,000. The company’s small size—meeting two of three criteria for a small company—allows for flexibility, but the decline in equity raises concerns. No auditor is mentioned, likely due to the company’s exemption as a small entity.

The increase in loans, combined with the decrease in cash reserves, suggests Tile Range Limited may be burning through money. However, the increase in current assets indicates a possible boost in sales, or perhaps an increase in stock levels. It’s possible the company is investing in inventory to meet anticipated demand, or that it’s facing temporary cash flow issues.

Registered in England/Wales under the registration number 12384081, with a registered address at LE5 4EG, Leicester, Leicestershire, 48 Rockingham Close.

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