Wallcano Tiles Limited

Wallcano Tiles Ltd from Luton, UK, is a small, active company founded six years ago in 2018. With five employees and £522,089 in assets, it operates from a real address and is managed by two directors and owners. The company runs an e-commerce site and enjoys a perfect 5.0 Google rating from 24 reviews. It’s an irregular importer of ceramic products, with the most recent import activity occurring in January 2025.

The company’s website showcases a wide range of porcelain tiles, including polished, matt, sugar, and outdoor options, catering to both residential and commercial clients. It emphasizes quality, service, and competitive pricing, and even offers a partner program for dealers. The site also features a blog with articles on tile trends and safety tips, demonstrating a commitment to customer education.

Financially, Wallcano Tiles Ltd presents a mixed picture. While current assets increased by 21% to £520,000, net assets have surged by a remarkable 110%, reaching £100,000. However, bank borrowings have also risen significantly by 130%, reaching £13,000, and cash reserves have declined by 23% to £44,000. Trade debtors have decreased by 18%, which is good, but creditors have also increased by 12%, to £450,000. The company meets the criteria for a small business, with turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. No auditor is mentioned, likely due to the small company exemption.

The sharp increase in equity suggests improved profitability, but the rise in bank borrowings and decline in cash reserves indicate a need for careful financial management. It's a bit strange that the company is doing so well, but the directors acknowledge their responsibilities. The company’s irregular import activity and reliance on a single import category—ceramic products—could leave it vulnerable to supply chain disruptions.

Registered in England/Wales under the registration number 11614325, with a registered address at LU3 1RJ, England, Luton, Bedfordshire, 5a, Britannia Estate, Leagrave Road.

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