tile mountain limited Company Information
Company Number
08335002
Next Accounts
Sep 2025
Shareholders
mo iqbal
ansar aziz
View AllGroup Structure
View All
Industry
Retail sale of hardware, paints and glass in specialised stores
Registered Address
connaught street tunstall, stoke on trent, st6 5tq, ST1 4AF
Website
www.tilemountain.co.uktile mountain limited Estimated Valuation
Pomanda estimates the enterprise value of TILE MOUNTAIN LIMITED at £114.9m based on a Turnover of £101.9m and 1.13x industry multiple (adjusted for size and gross margin).
tile mountain limited Estimated Valuation
Pomanda estimates the enterprise value of TILE MOUNTAIN LIMITED at £131.5m based on an EBITDA of £12.6m and a 10.47x industry multiple (adjusted for size and gross margin).
tile mountain limited Estimated Valuation
Pomanda estimates the enterprise value of TILE MOUNTAIN LIMITED at £83.8m based on Net Assets of £35.6m and 2.36x industry multiple (adjusted for liquidity).
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Tile Mountain Limited Overview
Tile Mountain Limited is a live company located in st6 5tq, ST1 4AF with a Companies House number of 08335002. It operates in the retail sale of hardware, paints and glass in specialised stores sector, SIC Code 47520. Founded in December 2012, it's largest shareholder is mo iqbal with a 50.1% stake. Tile Mountain Limited is a established, mega sized company, Pomanda has estimated its turnover at £101.9m with high growth in recent years.
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Tile Mountain Limited Health Check
Pomanda's financial health check has awarded Tile Mountain Limited a 5 rating. We use a traffic light system to show it exceeds the industry average on 8 measures and has 3 areas for improvement. Company Health Check FAQs
8 Strong
1 Regular
3 Weak
Size
annual sales of £101.9m, make it larger than the average company (£15.2m)
£101.9m - Tile Mountain Limited
£15.2m - Industry AVG
Growth
3 year (CAGR) sales growth of 28%, show it is growing at a faster rate (8.4%)
28% - Tile Mountain Limited
8.4% - Industry AVG
Production
with a gross margin of 53.5%, this company has a lower cost of product (32.1%)
53.5% - Tile Mountain Limited
32.1% - Industry AVG
Profitability
an operating margin of 9.1% make it more profitable than the average company (4.6%)
9.1% - Tile Mountain Limited
4.6% - Industry AVG
Employees
with 457 employees, this is above the industry average (54)
457 - Tile Mountain Limited
54 - Industry AVG
Pay Structure
on an average salary of £21.3k, the company has a lower pay structure (£35k)
£21.3k - Tile Mountain Limited
£35k - Industry AVG
Efficiency
resulting in sales per employee of £222.9k, this is equally as efficient (£214.9k)
£222.9k - Tile Mountain Limited
£214.9k - Industry AVG
Debtor Days
it gets paid by customers after 1 days, this is earlier than average (34 days)
1 days - Tile Mountain Limited
34 days - Industry AVG
Creditor Days
its suppliers are paid after 63 days, this is slower than average (43 days)
63 days - Tile Mountain Limited
43 days - Industry AVG
Stock Days
it holds stock equivalent to 123 days, this is more than average (99 days)
123 days - Tile Mountain Limited
99 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 7 weeks, this is less cash available to meet short term requirements (20 weeks)
7 weeks - Tile Mountain Limited
20 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 60.4%, this is a higher level of debt than the average (45.1%)
60.4% - Tile Mountain Limited
45.1% - Industry AVG
TILE MOUNTAIN LIMITED financials
Tile Mountain Limited's latest turnover from December 2023 is £101.9 million and the company has net assets of £35.6 million. According to their latest financial statements, Tile Mountain Limited has 457 employees and maintains cash reserves of £3.9 million as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | |
---|---|---|---|---|---|---|---|---|---|---|---|
Turnover | 101,873,573 | 86,576,756 | 71,954,036 | 48,580,000 | 34,344,314 | ||||||
Other Income Or Grants | 0 | 0 | 0 | 0 | 0 | ||||||
Cost Of Sales | 47,345,706 | 43,329,522 | 37,641,264 | 24,921,000 | 17,288,737 | ||||||
Gross Profit | 54,527,867 | 43,247,234 | 34,312,772 | 23,659,000 | 17,055,577 | ||||||
Admin Expenses | 45,301,492 | 38,783,088 | 30,089,578 | 20,638,000 | 14,712,167 | ||||||
Operating Profit | 9,226,375 | 4,464,146 | 4,223,194 | 3,021,000 | 2,343,410 | ||||||
Interest Payable | 1,852,634 | 641,792 | 281,221 | 433,000 | 328,977 | ||||||
Interest Receivable | 72,121 | 5,999 | 168 | 0 | 137 | ||||||
Pre-Tax Profit | 7,445,862 | 3,828,353 | 3,942,141 | 2,588,000 | 2,014,570 | ||||||
Tax | -2,171,243 | -841,388 | -1,056,532 | -497,000 | -435,041 | ||||||
Profit After Tax | 5,274,619 | 2,986,965 | 2,885,609 | 2,091,000 | 1,579,529 | ||||||
Dividends Paid | 500,000 | 500,000 | 0 | 150,000 | 0 | ||||||
Retained Profit | 4,774,619 | 2,486,965 | 2,885,609 | 1,941,000 | 1,579,529 | ||||||
Employee Costs | 9,720,667 | 8,848,412 | 6,942,162 | 6,391,000 | 4,893,067 | ||||||
Number Of Employees | 457 | 423 | 359 | 281 | 239 | 44 | 40 | 30 | 27 | ||
EBITDA* | 12,557,539 | 7,631,640 | 6,221,086 | 4,303,000 | 3,335,921 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | |
---|---|---|---|---|---|---|---|---|---|---|---|
Tangible Assets | 50,987,749 | 30,537,561 | 26,319,785 | 16,129,000 | 16,191,264 | 9,718,436 | 8,202,818 | 1,211,383 | 229,591 | 166,002 | 130,022 |
Intangible Assets | 15,349,578 | 16,982,556 | 18,345,673 | 4,204,000 | 4,589,323 | 189,427 | 113,850 | 0 | 0 | 0 | 0 |
Investments & Other | 0 | 0 | 0 | 0 | 100 | 100 | 0 | 0 | 0 | 0 | 0 |
Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Total Fixed Assets | 66,337,327 | 47,520,117 | 44,665,458 | 20,333,000 | 20,780,687 | 9,907,963 | 8,316,668 | 1,211,383 | 229,591 | 166,002 | 130,022 |
Stock & work in progress | 16,038,766 | 14,296,445 | 17,523,244 | 6,366,000 | 7,326,106 | 2,178,377 | 2,332,897 | 1,519,391 | 1,589,783 | 1,290,582 | 796,738 |
Trade Debtors | 511,867 | 710,339 | 832,059 | 676,000 | 1,500,154 | 0 | 14,153 | 32,362 | 6,126 | 180,332 | 56,717 |
Group Debtors | 0 | 0 | 1,050,000 | 0 | 172,243 | 300,383 | 0 | 0 | 0 | 0 | 0 |
Misc Debtors | 2,158,978 | 1,905,293 | 1,380,867 | 604,000 | 734,332 | 324,585 | 845,601 | 1,260,284 | 151,679 | 0 | 0 |
Cash | 3,905,980 | 2,643,239 | 908,168 | 5,405,000 | 824,947 | 262,204 | 208,698 | 898,173 | 1,772,349 | 2,023,518 | 79,937 |
misc current assets | 800,886 | 282,002 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
total current assets | 23,416,477 | 19,837,318 | 21,694,338 | 13,051,000 | 10,557,782 | 3,065,549 | 3,401,349 | 3,710,210 | 3,519,937 | 3,494,432 | 933,392 |
total assets | 89,753,804 | 67,357,435 | 66,359,796 | 33,384,000 | 31,338,469 | 12,973,512 | 11,718,017 | 4,921,593 | 3,749,528 | 3,660,434 | 1,063,414 |
Bank overdraft | 0 | 0 | 0 | 0 | 4,655,620 | 242,051 | 99,950 | 0 | 0 | 0 | 0 |
Bank loan | 7,661,323 | 974,374 | 1,331,892 | 1,295,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Trade Creditors | 8,258,677 | 5,218,357 | 6,468,969 | 3,923,000 | 5,795,145 | 1,856,512 | 1,586,915 | 993,995 | 377,440 | 810,535 | 341,333 |
Group/Directors Accounts | 0 | 0 | 50,498 | 0 | 400,360 | 0 | 0 | 0 | 0 | 0 | 0 |
other short term finances | 0 | 0 | 0 | 0 | 2,055,240 | 0 | 0 | 0 | 0 | 0 | 0 |
hp & lease commitments | 0 | 48,125 | 64,439 | 94,000 | 257,421 | 0 | 0 | 0 | 0 | 0 | 0 |
other current liabilities | 11,834,451 | 7,477,022 | 9,621,318 | 4,148,000 | 3,392,179 | 399,765 | 546,415 | 331,683 | 190,617 | 0 | 0 |
total current liabilities | 27,754,451 | 13,717,878 | 17,537,116 | 9,460,000 | 16,555,965 | 2,498,328 | 2,233,280 | 1,325,678 | 568,057 | 810,535 | 341,333 |
loans | 18,960,389 | 17,789,668 | 16,891,571 | 12,060,000 | 5,094,712 | 0 | 0 | 0 | 0 | 0 | 0 |
hp & lease commitments | 0 | 0 | 55,802 | 139,000 | 425,125 | 0 | 0 | 0 | 0 | 0 | 0 |
Accruals and Deferred Income | 267,750 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
other liabilities | 3,403,169 | 3,521,416 | 3,035,383 | 728,000 | 753,684 | 6,071,534 | 5,580,050 | 0 | 0 | 0 | 0 |
provisions | 3,815,887 | 1,550,934 | 494,000 | 386,000 | 325,902 | 52,161 | 0 | 0 | 0 | 0 | 0 |
total long term liabilities | 26,447,195 | 22,862,018 | 20,476,756 | 13,313,000 | 6,599,423 | 6,123,695 | 5,580,050 | 0 | 0 | 0 | 0 |
total liabilities | 54,201,646 | 36,579,896 | 38,013,872 | 22,773,000 | 23,155,388 | 8,622,023 | 7,813,330 | 1,325,678 | 568,057 | 810,535 | 341,333 |
net assets | 35,552,158 | 30,777,539 | 28,345,924 | 10,611,000 | 8,183,081 | 4,351,489 | 3,904,687 | 3,595,915 | 3,181,471 | 2,849,899 | 722,081 |
total shareholders funds | 35,552,158 | 30,777,539 | 28,345,924 | 10,611,000 | 8,183,081 | 4,351,489 | 3,904,687 | 3,595,915 | 3,181,471 | 2,849,899 | 722,081 |
Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | |
---|---|---|---|---|---|---|---|---|---|---|---|
Operating Activities | |||||||||||
Operating Profit | 9,226,375 | 4,464,146 | 4,223,194 | 3,021,000 | 2,343,410 | ||||||
Depreciation | 716,025 | 711,789 | 568,081 | 517,000 | 486,821 | 325,442 | 342,227 | 144,651 | 87,106 | 54,911 | 26,593 |
Amortisation | 2,615,139 | 2,455,705 | 1,429,811 | 765,000 | 505,690 | 68,693 | 0 | 0 | 0 | 0 | 0 |
Tax | -2,171,243 | -841,388 | -1,056,532 | -497,000 | -435,041 | ||||||
Stock | 1,742,321 | -3,226,799 | 11,157,244 | -960,106 | 5,147,729 | -154,520 | 813,506 | -70,392 | 299,201 | 493,844 | 796,738 |
Debtors | 55,213 | -647,294 | 1,982,926 | -1,126,729 | 1,781,761 | -234,786 | -432,892 | 1,134,841 | -22,527 | 123,615 | 56,717 |
Creditors | 3,040,320 | -1,250,612 | 2,545,969 | -1,872,145 | 3,938,633 | 269,597 | 592,920 | 616,555 | -433,095 | 469,202 | 341,333 |
Accruals and Deferred Income | 4,625,179 | -2,144,296 | 5,473,318 | 755,821 | 2,992,414 | -146,650 | 214,732 | 141,066 | 190,617 | 0 | 0 |
Deferred Taxes & Provisions | 2,264,953 | 1,056,934 | 108,000 | 60,098 | 273,741 | 52,161 | 0 | 0 | 0 | 0 | 0 |
Cash flow from operations | 18,519,214 | 8,326,371 | 151,671 | 4,836,609 | 3,176,178 | ||||||
Investing Activities | |||||||||||
capital expenditure | 0 | 0 | 0 | 0 | 0 | ||||||
Change in Investments | 0 | 0 | 0 | -100 | 0 | 100 | 0 | 0 | 0 | 0 | 0 |
cash flow from investments | 0 | 0 | 0 | 100 | 0 | ||||||
Financing Activities | |||||||||||
Bank loans | 6,686,949 | -357,518 | 36,892 | 1,295,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Group/Directors Accounts | 0 | -50,498 | 50,498 | -400,360 | 400,360 | 0 | 0 | 0 | 0 | 0 | 0 |
Other Short Term Loans | 0 | 0 | 0 | -2,055,240 | 2,055,240 | 0 | 0 | 0 | 0 | 0 | 0 |
Long term loans | 1,170,721 | 898,097 | 4,831,571 | 6,965,288 | 5,094,712 | 0 | 0 | 0 | 0 | 0 | 0 |
Hire Purchase and Lease Commitments | -48,125 | -72,116 | -112,759 | -449,546 | 682,546 | 0 | 0 | 0 | 0 | 0 | 0 |
other long term liabilities | -118,247 | 486,033 | 2,307,383 | -25,684 | -5,317,850 | 491,484 | 5,580,050 | 0 | 0 | 0 | 0 |
share issue | |||||||||||
interest | -1,780,513 | -635,793 | -281,053 | -433,000 | -328,840 | ||||||
cash flow from financing | 5,910,785 | 212,855 | 21,681,847 | 5,383,377 | 4,838,231 | ||||||
cash and cash equivalents | |||||||||||
cash | 1,262,741 | 1,735,071 | -4,496,832 | 4,580,053 | 562,743 | 53,506 | -689,475 | -874,176 | -251,169 | 1,943,581 | 79,937 |
overdraft | 0 | 0 | 0 | -4,655,620 | 4,413,569 | 142,101 | 99,950 | 0 | 0 | 0 | 0 |
change in cash | 1,262,741 | 1,735,071 | -4,496,832 | 9,235,673 | -3,850,826 | -88,595 | -789,425 | -874,176 | -251,169 | 1,943,581 | 79,937 |
tile mountain limited Credit Report and Business Information
Tile Mountain Limited Competitor Analysis
Perform a competitor analysis for tile mountain limited by selecting its closest rivals, whether from the WHOLESALE AND RETAIL TRADE; REPAIR OF MOTOR VEHICLES AND MOTORCYCLES sector, other mega companies, companies in ST1 area or any other competitors across 12 key performance metrics.
tile mountain limited Ownership
TILE MOUNTAIN LIMITED group structure
Tile Mountain Limited has 5 subsidiary companies.
Ultimate parent company
TILE MOUNTAIN LIMITED
08335002
5 subsidiaries
tile mountain limited directors
Tile Mountain Limited currently has 3 directors. The longest serving directors include Mr Jeremy Harris (Mar 2013) and Mr Mohammed Iqbal (Jun 2013).
officer | country | age | start | end | role |
---|---|---|---|---|---|
Mr Jeremy Harris | England | 53 years | Mar 2013 | - | Director |
Mr Mohammed Iqbal | England | 52 years | Jun 2013 | - | Director |
Mr Nicholas Ounstead | England | 64 years | Jun 2013 | - | Director |
P&L
December 2023turnover
101.9m
+18%
operating profit
9.2m
+107%
gross margin
53.6%
+7.15%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
35.6m
+0.16%
total assets
89.8m
+0.33%
cash
3.9m
+0.48%
net assets
Total assets minus all liabilities
tile mountain limited company details
company number
08335002
Type
Private limited with Share Capital
industry
47520 - Retail sale of hardware, paints and glass in specialised stores
incorporation date
December 2012
age
13
incorporated
UK
ultimate parent company
accounts
Group
last accounts submitted
December 2023
previous names
world wide tiles limited (February 2013)
accountant
-
auditor
FAIRHURST
address
connaught street tunstall, stoke on trent, st6 5tq, ST1 4AF
Bank
-
Legal Advisor
-
tile mountain limited Charges & Mortgages
A charge, or mortgage, refers to the rights a company gives to a lender in return for a loan, often in the form of security given over business assets.
We found 11 charges/mortgages relating to tile mountain limited. Currently there are 6 open charges and 5 have been satisfied in the past.
tile mountain limited Capital Raised & Share Issues BETA
When a company issues new shares, e.g. to new investors following a funding round, it is required to notify Companies House within one month of making an allotment of shares.
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tile mountain limited Companies House Filings - See Documents
date | description | view/download |
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