Tileasy Limited

Tileasy Ltd, hailing from Hampshire, UK, is a small holding company with an active status, established 27 years ago. Employing 23 people, the company holds assets totaling £1,888,471. While it operates an e-commerce site and regularly imports basic metal tools and utensils (56 months of imports), its registered address is a virtual one, shared by forty other companies. Four directors and one owner manage the business, which operates as agents specializing in the sale of other particular products.

The company’s website showcases a vast selection of tiling tools, trims, and accessories, catering to both DIY enthusiasts and professionals. The site is well-organized, with clear categories and detailed product descriptions, and it appears to be a primary sales channel. It’s clear they are aiming to be a one-stop shop for all tiling needs.

Financially, Tileasy Ltd presents a mixed picture. Creditors have increased significantly by 70.0% to £120,000, while bank borrowings have decreased by 18.0% to £510,000. Cash reserves have plummeted by an alarming 98.0% to a mere £630, which is a concern. Trade debtors have increased by 6.2%, suggesting possible delays in customer payments. Despite these challenges, the company’s net assets remain stable at £2,300,000. 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 sharp decrease in cash reserves warrants attention. As a small company, Tileasy Ltd is exempt from an audit, so the financial information is unaudited.

Overall, Tileasy Ltd appears to be navigating a period of financial pressure, despite maintaining a strong online presence and a broad product range. The company’s future success will likely depend on its ability to manage its cash flow and maintain its competitive edge in the tiling supplies market.

Registered in England/Wales under the registration number 03568302, with a registered address at PO7 7AN, Hampshire, Wellesley House, 204 London Road, Waterlooville.

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