Tillett Limited

Tillett Ltd from Sittingbourne UK: a small, family business established 23 years ago, currently boasts 45 employees and holds assets valued at £2,595,843. Operating from a real address, the company is led by three directors and owned by two individuals. It’s an active status, and the business regularly imports machinery, boilers, and mechanical appliances parts (last import December 2024), and exports vehicles, parts, and accessories (not for trains or trams) – a consistent export activity spanning 116 months, with the last export February 2025.

The company’s website, Tillett’s Clothing, is a vibrant online retailer specializing in ladies’ clothing. The site offers a wide range of new arrivals, accessories, footwear, and seasonal collections, catering to diverse styles and preferences. It also has a sale section. The website features multiple payment options and a customer-friendly design, with a focus on new arrivals and seasonal collections. It’s clear that the business is heavily reliant on online sales, with a focus on creating a stylish and accessible shopping experience.

Financially, Tillett Ltd’s recent performance presents a mixed picture. While cash reserves increased by 17% to £440,000, net assets also grew by 13% to £3,000,000. However, bank borrowings were eliminated, and creditors decreased by 15%, suggesting improved debt management. Debtor levels have decreased by 26%, which could be a sign of tighter credit control. Average employee numbers have increased by 18%, to 53, which could be a response to growing demand. 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 increased employee numbers may be impacting profitability. The accounts are unaudited, and no auditor is mentioned, which is typical for a small company.

Overall, Tillett Ltd appears to be a stable, family-run business navigating the challenges of the retail sector. The company's focus on online sales and its commitment to customer service position it well for future growth, though keeping an eye on profitability with the increased workforce will be important.

Registered in England/Wales under the registration number 04281045, with a registered address at ME10 3BF, England, Sittingbourne, Kent, Tillett Racing Seats, Styles Close.

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