Tile Wise Limited

Tile Wise Limited, based in Somerset, UK, is a small, active company established 29 years ago. With 12 employees and £597,308 in assets, it's a well-established player in the flooring and wall covering industries. The company boasts a 5.0 Google rating from 51 reviews, reflecting high customer satisfaction. It has four directors and two owners, and its registered address is a real one, with only one other company registered there. Tile Wise regularly imports ceramic products, with 36 months of import activity recorded, the latest in March 2025.

The company's website, while not actively e-commerce, showcases a range of tiles and flooring options, highlighting its expertise in supplying materials for both residential and commercial projects. It's clear that Tile Wise focuses on wholesale and trade supply rather than direct-to-consumer sales.

Financially, Tile Wise Limited's recent performance presents a mixed picture. Current assets have fallen by 19%, dropping to £600,000, while net assets have also declined by 19%, settling at £460,000. Bank borrowings have increased by 31%, reaching £210,000, and cash reserves have decreased by 23%, falling to £160,000. Trade debtors have also fallen by 31%, suggesting better collection of payments. The company meets two of the three criteria to be considered small, with a turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. With no auditor mentioned, the financial statements are unaudited.

The decrease in assets and cash reserves, coupled with increased borrowings, suggests Tile Wise may be facing some financial pressure. However, the decrease in debtors indicates improved cash flow management. The company’s long-standing presence and positive customer reviews suggest a resilient business, but the recent financial trends warrant close monitoring.

Registered in England/Wales under the registration number 03070540, with a registered address at BA20 2NZ, Somerset, 23 Sea King Road, Yeovil.

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