Titan Bath Company Ltd

Titan Bath Company Ltd, based in Rhyl, UK, is a small, active company founded five years ago. With four employees and £322,858 in assets, it operates as an e-commerce site with a stellar 5.0 Google rating from 291 reviews. The company is led by two directors and has one owner, Gary Paul Hughes. It’s an irregular importer, with its top import category being Iron or Steel Products, totaling one month of imports.

The company’s website, Titan Bathrooms, showcases a range of wall paneling, cladding, and bathroom supplies. It positions itself as an expert provider, offering high-quality products and value for money. The site highlights a 15-year history, emphasizing experience and advice for both homeowners and tradesmen. It’s clear the company focuses on providing cladding, shower panels, and bathrooms, with a strong emphasis on customer satisfaction and expert advice.

Financially, Titan Bathrooms shows a mixed picture. Current assets jumped by 180% to £320,000, which is good news. However, net assets declined by 1.3% to -£420,000, a worrying trend. Bank borrowings increased by 140% to £71,000, and cash reserves soared by 1300% to £43,000. Creditors rose by 22% to £790,000. The company meets the criteria for a small company, with a turnover under £10.2 million, assets under £5.1 million, and fewer than 10 employees. There’s no auditor mentioned, so the figures are unaudited.

Overall, Titan Bathrooms seems to be growing its assets, but the negative equity and rising debts suggest it’s burning through cash. The company's success hinges on maintaining its high Google rating and continuing to attract customers through its website.

Registered in England/Wales under the registration number 12362566, with a registered address at LL18 5UE, Wales, Rhyl, Unit 6-8 Abergele Road, Rhuddlan.

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