Tillman Domotics Llp

Tillman Domotics LLP, based in London, UK, is a small, active company founded 14 years ago. With 28 employees and £2,231,427 in assets, it operates from a real address and is led by two directors and a solo founder. The company regularly imports and exports electrical machinery and equipment, with 4 months of import activity and 3 months of export activity recorded.

The company’s website describes Tillman Domotics as a boutique automation design and installation company. It works with high-end designers and naval architects, providing discreet technology solutions for residential, commercial, and marine clients. The site highlights its expertise in home automation, lighting design, control systems, and private cinema installations. It also features case studies of past projects, including renovations of luxury residences, hotels, and yachts. The website gives the impression of a company focused on high-end, bespoke solutions rather than mass-market products. It’s not an e-commerce site; instead, it serves as a portfolio and contact point for potential clients.

Financially, Tillman Domotics LLP shows a mixed picture. Cash bank on hand decreased by 27% to £1,400,000, while trade debtors increased significantly by 31% to £550,000. Creditors also rose by 11% to £520,000. Net current assets and liabilities decreased by 10% to £810,000. The company’s small size (meeting two of three conditions for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) means it’s likely exempt from an audit, and the financial statements are unaudited. The increase in debtors could indicate a shift in payment terms or potentially delayed collections, while the decrease in cash reserves suggests the company is reinvesting in its operations or facing increased expenses. The company is likely burning through money, but it’s a common situation for growing businesses.

Registered in England/Wales under the registration number OC358583, with a registered address at SW6 3DU, England, London, Unit 11 Hurlingham Business Park, Sulivan Road.

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