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Company No. 05368831 · Incorporated 17 Feb 2005

Tile Merchants Limited

Registered name: TILE MERCHANTS LIMITED

Part of Discount Tiles Direct Limited group

Tile Merchants Limited made £7.8m revenue and £456k profit in the year to 30 Sep 2025.

Tile Merchants Limited’s revenue fell 8% to £7.8m in the year to 30 Sep 2025, with £456k profit and 0 employees. The company is classified under “other retail sale of new goods in specialised stores (not commercial art galleries and opticians)” and is based in Huntingdon; we hold 4 years of its filed accounts.

Full P&L filedSection G · Wholesale and retail trade; repair of motor vehiclesSIC 47789Other retail sale of new goods in specialised stores (not commercial art galleries and opticians)
Status
Active
Location
Huntingdon, East of England
Age
21 yrs · since 2005
Type
Private Limited Company

Pass-through vehicle. This looks like a holding, staffing or umbrella company. Its revenue and profit may largely pass through to or from other entities, so the figures may not reflect a standalone operating business. It is excluded from our opportunity lists.

Part of a group. The filing indicates this company sits within a group structure, so its results may depend on intra-group trading and it may be hard to replicate independently.

Latest accounts · year to 30 Sep 2025

Key figures

Small team
Revenue
£7.8m
Growth ▼8.1%
Profit
£456k
Growth ▲191.5%
Profit margin
5.8%
Gross 24.4%
Employees
0
Change —
Profit / employee
—
 
Profitable streak
4yrs
Consecutive profitable years in our data

Badges are automated estimates derived from the filed figures — not statements of fact about the company.

4 filed years

Financial history

Multi-year financials, oldest to newest
Year to30 Sep 202230 Sep 202330 Sep 202430 Sep 2025
DisclosureFull P&LFull P&LFull P&LFull P&L
Profit & loss
Revenue (turnover)£9.6m£9.9m£8.5m£7.8m
Cost of sales£6.9m£7.4m£7m£5.9m
Gross profit£2.8m£2.5m£1.5m£1.9m
Profit before tax£1.2m£985k£209k£608k
Profit after tax£952k£768k£156k£456k
Profit (best available)£952k£768k£156k£456k
Employees (average)0000
Ratios
Profit margin9.9%7.7%1.8%5.8%
Gross margin29%25.1%17.4%24.4%
Growth (year on year)
Revenue growth—▲3.1%▼14.4%▼8.1%
Profit growth—▼19.3%▼79.6%▲191.5%
Balance sheet — indirect signals, not revenue
Cash at bank£839k£1.2m£1.5m£1.9m
Net assets£1.4m£2.2m£2.3m£2.8m
Current assets£4.1m£5.2m£5.5m£5.6m
Debtors£2.2m£2.2m£2.2m£2m
SourceFullAccounts · bulk data May 2024FullAccounts · bulk data May 2024FullAccounts · bulk data Jun 2025FullAccounts · bulk data Jun 2026
Derived from the latest filing

How the business works

Profit margin
5.8%
Profit ÷ revenue.
Gross margin
24.4%
Gross profit ÷ revenue. High for software and services.
Revenue per employee
—
Revenue ÷ average employees.
Profit per employee
—
Profit ÷ average employees.
Cash conversion
—
Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue
—
Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue
—
Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue
25.7%
Money owed by customers. Low = customers pay quickly.
Indirect — not revenue

Balance-sheet signals

Year-on-year changes in filed balance-sheet items. They can hint at momentum (or investment) but are not revenue or profit and must not be read as such.

Net assets
▲20%
Now £2.8m
Cash at bank
▲23%
Now £1.9m
Headcount
—
Now 0
Deferred income
—
Now —
Fixed assets
—
Now —
Corporate ownership

Group structure

Ownership chain

  1. Discount Tiles Direct Limitedultimate parent75–100%
  2. Tile Merchants Limitedthis company

Bands show the share of ownership each company holds in the one below it.

From the Persons with Significant Control register (corporate controllers only).

Same industry, similar size

Similar profitable businesses

Industry benchmarks →

Sources

Latest figures from FullAccounts for the year to 30 Sep 2025 (profit £456k), from the Companies House accounts bulk data published Jun 2026. Spotted an error? Request a correction.

Contains public sector information from Companies House licensed under the Open Government Licence v3.0. Data from Companies House, © Crown copyright. View the licence.