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Tile Spot Ltd

13102240

active
Private Limited Company
Companies House
Health Score
75 / 100

Some Concerns

25/30
Filing
10/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)

Details

MALTHOUSE, ROTHERHAM, S60 1EX
Incorporated 29/12/2020

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

47520
Retail sale of hardware, paints and glass in specialised stores
47530
Retail sale of carpets, rugs, wall and floor coverings in specialised stores

Officers

Mr Asif Sayedbhai Mayat

director · Since 29/12/2020

DIRECTOR

BRITISH · ENGLAND · Age 40

Also on 1 other board

Mr Asif Ahmad Chopdat

director · Since 01/12/2021

SALES DIRECTOR

BRITISH · ENGLAND · Age 36

Also on 5 other boards

Mr Siraj Sidat

director · Since 01/12/2021

DIRECTOR

BRITISH · ENGLAND · Age 44

Also on 5 other boards

Mr Zayd Patel

director · Since 13/06/2022

BUSINESS PERSON

BRITISH · ENGLAND · Age 45

Also on 1 other board

Persons with Significant Control

Mr Asif Sayedbhai Mayat

25–50% shares
25–50% votes

British · England · Age 40

Malthouse, Masbrough St, Rotherham, S60 1EX

Notified 29/12/2020

Former PSCs

Mr Tauqir Ahmed

Ceased 01/12/2021

CompanyRankvs 2323+ SIC 47520 peers
31

Financial strength4th percentile among SIC peers · 1/25
Employees25th percentile among SIC peers · 4/15
LiquidityCurrent ratio 0.51× · 6/20
Longevity5 years trading (max 15) · 5/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength1/25 pts

Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.

Employees4/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity6/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity5/15 pts

One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.

Filing compliance15/15 pts

Full 15 points when both annual accounts and confirmation statement are filed on time. Points are deducted for each overdue filing.

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Key FinancialsYear ending 30/11/2024

Net Worth

-£59k

Balance sheet strength

Cash

£3k

Cash in the bank

Net Current Assets

-£59k

Working capital

Current Assets

£63k

Current Liabilities

£122k

Debtors

£8k

1avg. employees
Prepared with VT Final Accounts

EstimatesDerived

YearCurrent RatioImplied Profit
20240.51-£1k
20230.50-£19k
20220.52
20210.99

Derived from filed accounts. Not audited figures.