Tiles Emporium Ltd

Tiles Emporium Ltd, based in Hayes, UK, is a small, active company founded four years ago. With three employees and £264,458 in assets, it operates an e-commerce site specializing in floor and wall coverings, boasting a stellar 5.0 Google rating from 19 reviews. The company regularly imports ceramic products, with the last import operation occurring in October 2024. It’s a real address, with two directors and two owners reported.

The company’s website, The Stone Tile Emporium, showcases a wide range of tiles, including Victorian, ceramic, porcelain, and natural stone options. It caters to both residential and commercial clients, offering installation services and a showroom in Reigate, Surrey. The site highlights a commitment to high-quality natural stone and expert installation, emphasizing a family-run business with a focus on customer satisfaction. They also have a blog with recent installations and product spotlights.

Financially, Tiles Emporium Ltd presents a mixed picture. Current assets have increased by 40% to £260,000, which is good news. However, net assets have decreased by 62% to -£3,600, a significant drop. Bank borrowings have increased, and cash reserves have fallen, suggesting the company is burning through money. Creditors have also increased, indicating a reliance on short-term financing. The company meets two of the three criteria to be considered small, with a turnover under £10.2m and assets under £5.1m. There is no auditor mentioned, so the financial statements are unaudited.

Overall, Tiles Emporium Ltd appears to be a small business facing some financial challenges. While its e-commerce site and showroom are well-regarded, the decline in equity raises concerns about its long-term viability. The company’s reliance on short-term financing and the decrease in cash reserves suggest it needs to carefully manage its expenses and explore new revenue streams to ensure its continued success.

Registered in England/Wales under the registration number 13300461, with a registered address at UB4 0UP, England, Hayes, Unit 1a, Elystan Business Centre,, Springfield Road.

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