Tower Ceramics Limited

Tower Ceramics Limited is a small holding company based in London, UK, with an active status. Founded 51 years ago in 1973, it employs ten people and holds assets valued at £1,699,493. The company has a real address and is managed by three directors and one owner. It’s a regular importer of ceramic products, with 84 months of import activity recorded, the last in March 2025.

The company operates in several industries, including retail sale of carpets, rugs, wall and floor coverings, letting and operating of real estate, and wholesale of wood, construction materials, and sanitary equipment. It’s unclear if the company has a dedicated website or e-commerce presence, but it’s likely that the retail operations are conducted through other channels.

Financially, Tower Ceramics Limited shows a mixed picture. Current assets increased by 5.2% to £1,700,000, while net assets rose slightly to £1,900,000. Cash and cash equivalents increased by 20% to £860,000. However, bank borrowings increased by a significant 2,400% to £29,000, and net losses deepened to -£23,000. Creditors decreased by 18%, suggesting better debt management. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) helps it stay agile, but the increased bank borrowings and losses raise questions about its financial health. With no auditor mentioned (likely exempt as a small company), the figures rely on unaudited statements.

The company’s financial data suggests it’s facing some challenges, although it appears to be managing its debts relatively well. The increase in bank borrowings could be a sign that the company is investing in growth, or it could be a sign that it’s struggling to generate enough cash to cover its expenses. The increase in cash reserves is a positive sign, but it’s important to monitor the company’s financial performance closely in the coming months.

Registered in England/Wales under the registration number 01139655, with a registered address at NW1 7PP, London, 89-95 Parkway, Camden Town.

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