Tilers Choice Ltd

Tilers Choice Ltd from Birmingham UK: small company, active status, founded 7 years ago, 1 employee, £67,262 assets, real address, 1 director, no owners. Irregular importer of plastics and plastic products (2 months imported). It’s a small, family-run business with an active trading status. Founded seven years ago on April 27, 2018, and registered at B6 4NF, England, Birmingham, Unit B1, Miller Street, the address is probably real as only one company registered at the same address. Its status is active. The company operates in the other service activities n.e.c. industries. Officially, it has not published owners as their shares less than twenty five percent for each shareholder. It has one director, and one employee.

The company’s website reveals a unique approach: “TO BROWSE OUR PRODUCTS Please click below to visit our partner website.” This suggests Tilers Choice Ltd doesn't directly sell products but acts as a referral partner, directing customers to another platform. It’s a clever way to operate with minimal overhead, leveraging an existing e-commerce infrastructure.

Financially, Tilers Choice Ltd presents a mixed picture. Current assets have increased by 29% to £67,000, while net assets remain negative at -£110,000. Cash bank on hand has also seen a healthy 28% increase to £16,000. Creditors remain stable at £170,000. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) helps it stay agile, but the negative equity raises questions. The accounts are unaudited and exempt, relying on director-reported data. The company’s net current assets liabilities are at £67,000, a good sign.

Despite the negative equity, the increase in cash reserves and stable creditors suggest the company isn’s burning through money at an alarming rate. It’s likely operating on a lean budget, focusing on referrals and minimizing expenses. The lack of an auditor is common for small companies, but the negative equity warrants close monitoring.

Registered in England/Wales under the registration number 11332430, with a registered address at B6 4NF, England, Birmingham, Unit B1, Miller Street.

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