Tiling Smart Ltd

Tiling Smart Ltd from Derby UK: small company, active status, founded 12 years ago, £89,557 assets, real address, 2 directors, 1 owner, e-commerce site. Regular importer of ceramic products (25 months imported). It’s a small business, meeting two of three criteria for a small company: turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. The company operates in the retail sale of hardware, paints and glass in specialised stores industries.

The company’s website, tilingsmart.co.uk, showcases a wide range of tiles, from bathroom and kitchen options to floor and wall coverings. It’s clearly an e-commerce operation, with a focus on luxury tiles at affordable prices. The site features a “New Collection” section highlighting luxury tiles, emphasizes high-quality sourcing, and offers free delivery on orders over £499. It also has a clearance section with discounted tiles and a newsletter signup for exclusive offers. The website is well-designed and easy to navigate, with clear product categories and high-quality images.

Financially, Tiling Smart Ltd presents a mixed picture. While current assets increased by 25% to £90,000, equity decreased slightly to -£89,000. Bank borrowings rose by 17% to £180,000, and creditors also increased by 17% to £180,000. Cash bank on hand, however, saw a significant jump of 950% to £12,000. The company’s small size and lack of employees (zero reported) suggests a lean operation, but the negative equity raises concerns. The accounts are “filleted” and unaudited, relying on director-reported data.

Overall, Tiling Smart Ltd appears to be a small, active e-commerce business facing challenges. While its website and product offerings are attractive, the financial data suggests it's burning through money. It’s likely the company is reinvesting heavily in its business, but the negative equity is something to keep an eye on.

Registered in England/Wales under the registration number 08346848, with a registered address at DE23 8FZ, Derby, Derbyshire, First Floor 71-73 Rosehill Street.

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