Tillys Interiors Ltd

Tillys Interiors Ltd from Waterlooville UK: a small, active company founded ten years ago, employs 18 people, and holds £1,090,997 in assets. It’s a family business with four directors and two owners, operating from a real address. The company regularly imports aluminum and aluminum products (3 months) and exports miscellaneous metal items (43 months). It's a wholesale supplier specializing in bespoke drapery hardware and handmade finishes, catering exclusively to interior designers, architects, and fitters. Their website showcases a range of curtain poles, blinds, and accessories, with a focus on customisation and high-quality craftsmanship.

The company’s website highlights a second division, AURA, which provides high-end curtain track and blind solutions, designed for both style and functionality. They offer a variety of options, including Roman blinds, roller blinds, and tracks for Ripple gliders and bay windows. The website also features a newsletter signup, indicating an effort to engage with potential clients.

Financially, Tillys Interiors Ltd shows a mixed picture. While current assets decreased by 8% to £1,100,000, net assets increased by 56% to £670,000. Bank borrowings remained steady at £10,000, but cash reserves fell by 28% to £510,000. Trade debtors increased significantly by 79%, suggesting potential delays in customer payments, and creditors decreased by 18%. The company’s small size (meeting two of three conditions for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for agility, but the rise in trade debtors is something to keep an eye on. The company is exempt from an audit, so the figures are unaudited.

Overall, Tillys Interiors Ltd appears to be navigating a competitive market with a focus on quality and customisation. While the decrease in cash reserves is a slight concern, the increase in net assets suggests underlying financial strength. The company’s dual focus on bespoke hardware and high-end solutions positions it well for continued growth, although managing trade debtors will be key to maintaining a healthy cash flow.

Registered in England/Wales under the registration number 09507290, with a registered address at PO7 7UG, United Kingdom, Waterlooville, Unit 1 Aysgarth Road.

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