Tyrone Quality Picture Framing Limited

Tyrone Quality Picture Framing Ltd, based in Dungannon, UK, is a small, family-run business with an active status, celebrating 19 years since its founding. Employing 11 people, the company holds £872,602 in assets and operates from a real address. With two directors and two owners, it's a tight-knit operation boasting a stellar 5.0 Google rating from 8 reviews. The business is a regular importer of glass and glassware, with 17 months of import activity recorded, the latest in January 2025.

The company’s website highlights its role as a bespoke framing house, serving Ireland and the UK. It specializes in custom frames, mirrors, and prints, catering to both individual customers and larger clients like apartments, hotels, and event organizers. The website emphasizes quality craftsmanship, competitive pricing, and a 34-week lead time, bolstered by state-of-the-art technology. It even offers retailer access and showcases a wide range of products and services.

Financially, Tyrone Quality Picture Framing Ltd shows some concerning trends. While current assets remain relatively stable, net assets have dropped by 14% to £810,000. Bank borrowings have surged by a staggering 970%, reaching £60,000, while cash reserves have fallen by 1.3% to £660,000. Creditors have also increased by 17%, suggesting a need to manage debt more effectively. 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 equity decline warrants further investigation. The company is exempt from an audit, so the figures are unaudited.

Overall, Tyrone Quality Picture Framing Ltd appears to be a well-regarded business with a strong reputation, but the financial data suggests it’s facing some challenges. Whether it can sustain its growth and maintain its excellent customer ratings remains to be seen.

Registered in Northern Ireland under the registration number NI055429, with a registered address at BT71 5QJ, Dungannon, 137 Lisaclare Road, Stewartstown.

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