TILE MOUNTAIN LIMITED
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Next accounts due
2026-09-30 (in 4mo)
Last filed for 2024-12-31
Confirmation statement due
2027-01-14 (in 8mo)
Last made up 2025-12-31
Watchouts
None on the register
Cash
£2M
-60% vs 2023
Net assets
£35M
-1.7% vs 2023
Employees
422
-7.7% vs 2023
Profit before tax
£8M
+12.6% vs 2023
Net assets
6-year trend · vs Consumer Discretionary median
Accounts
6-year trend · latest reflected 2024-12-31
| Metric | Trend | 2020-01-01 | 2020-12-31 | 2021-12-31 | 2022-12-31 | 2023-12-31 | 2024-12-31 |
|---|---|---|---|---|---|---|---|
| Turnover | — | — | — | — | £101,873,573 | £130,145,767 | |
| Operating profit | — | — | — | — | £9,226,375 | £10,157,703 | |
| Profit before tax | — | — | — | — | £7,445,862 | £8,382,901 | |
| Net profit | — | £2,451,000 | £2,997,000 | — | £5,274,619 | £5,801,897 | |
| Cash | — | £1,502,000 | £236,000 | — | £3,905,980 | £1,562,942 | |
| Total assets less current liabilities | — | £17,963,000 | £41,377,000 | — | £61,999,353 | £66,535,329 | |
| Net assets | — | — | — | — | £35,552,158 | £34,952,974 | |
| Equity | £7,607,000 | £10,395,000 | £28,241,000 | £29,316,058 | £35,552,158 | £34,952,974 | |
| Average employees | — | 281 | 359 | — | 457 | 422 | |
| Wages | — | — | — | — | £8,813,190 | £9,633,268 | |
| Directors' remuneration | — | — | — | — | £132,975 | £134,325 |
Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. About these numbers
Year-on-year
FY2023 → FY2024 · period ending 2024-12-31 vs 2023-12-31
-
Turnover
+27.8%
£101,873,573 £130,145,767
-
Cash
-60%
£3,905,980 £1,562,942
-
Net assets
-1.7%
£35,552,158 £34,952,974
-
Employees
-7.7%
457 422
-
Operating profit
+10.1%
£9,226,375 £10,157,703
-
Profit before tax
+12.6%
£7,445,862 £8,382,901
-
Wages
+9.3%
£8,813,190 £9,633,268
Each % is (latest − prior) ÷ |prior| for the line item as filed. The comparison is only shown when the latest and prior accounts cover broadly equal-length periods — short or long stubs (typical around incorporation or a year-end change) are suppressed rather than misrepresented. Lines a company doesn't report are omitted. About these numbers
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2020-01-01 | 2020-12-31 | 2021-12-31 | 2022-12-31 | 2023-12-31 | 2024-12-31 |
|---|---|---|---|---|---|---|---|
| Operating margin | — | — | — | — | 9.1% | 7.8% | |
| Net margin | — | — | — | — | 5.2% | 4.5% | |
| Return on capital employed | — | — | — | — | 14.9% | 15.3% | |
| Gearing (liabilities / total assets) | — | — | — | — | 46.4% | 50.3% | |
| Current ratio | — | — | — | — | 0.84x | 0.89x | |
| Interest cover | — | — | — | — | 4.98x | 5.24x |
Margins divide P&L lines by turnover. Gearing is liabilities over total assets. Current ratio is current assets over creditors falling due within one year. Interest cover is operating profit over absolute finance costs. Sector-distribution context coming next.
Name history
Renamed 1 time since incorporation
- TILE MOUNTAIN LIMITED 2013-02-21 → present
- WORLD WIDE TILES LIMITED 2012-12-18 → 2013-02-21
Audit & accounting basis
- Accounting basis
- FRS 102
- Reporting scope
- Consolidated group
- Auditor
- Fairhurst Audit Services Ltd
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“In auditing the financial statements, we have concluded that the directors' use of the going concern basis of accounting in the preparation of the financial statements is appropriate. Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the group's and the parent company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue.”
Group structure
- TILE MOUNTAIN LIMITED · parent
- Walls and Floors Limited 100%
- Eurorad Limited 100%
- Highgate 2 Limited 100%
- Highgate 3 Limited 100%
- Eazy Dynamics Limited 100%
Significant events
- “After the balance sheet date, the group purchased a 30 acre site, adjacent to its existing Tunstall warehouse network. This site will provide additional capabilities to further enhance the business growth plans.”
- “In relation to Eurorad Limited a subsidiary company, on 27 March 2023 an industrial incident occurred outside the Canal Lane Warehouse involving an external contractor. The case has been reviewed by the HSE and at the date of signing this report is ongoing.”
- “During August 2025 the group purchased approximately 30 acres of land for £5.5m. This was financed by Tile Mountain Limited by increasing the loan facilities held with its bankers Barclays bank.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
3 active · 1 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| HARRIS, Jeremy Paul | Director | 2013-03-20 | Nov 1971 | British |
| IQBAL, Mohammed | Director | 2013-06-01 | Oct 1972 | British |
| OUNSTEAD, Nicholas Duncan | Director | 2013-06-01 | Aug 1960 | British |
Show 1 resigned officer
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| KELLY, Neil Bruce | Director | 2012-12-18 | 2015-09-04 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Mr Ansar Aziz | Individual | Shares 25–50% | 2016-04-06 | Ceased 2020-12-03 |
| Mr Jeremy Paul Harris | Individual | Significant influence | 2016-04-06 | Active |
| Mr Mohammed Iqbal | Individual | Shares 50–75%, Voting 50–75% | 2016-04-06 | Active |
Filing timeline
Last 20 of 113 total filings
Material constitutional events — rename, articles re-file, resolution
- 2025-04-28 RESOLUTIONS Resolution
- 2024-10-17 RESOLUTIONS Resolution
- 2024-06-17 RESOLUTIONS Resolution
- 2024-04-06 RESOLUTIONS Resolution
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-01-13 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2025-09-30 | AA | accounts | Accounts with accounts type group | |
| 2025-04-28 | RESOLUTIONS | resolution | Resolution | |
| 2025-04-24 | SH06 | capital | Capital cancellation shares | |
| 2025-04-24 | SH03 | capital | Capital return purchase own shares | |
| 2025-01-07 | CH01 | officers | Change person director company with change date | |
| 2025-01-06 | PSC04 | persons-with-significant-control | Change to a person with significant control | |
| 2025-01-03 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2025-01-03 | CH01 | officers | Change person director company with change date | |
| 2024-10-17 | RESOLUTIONS | resolution | Resolution | |
| 2024-10-16 | SH06 | capital | Capital cancellation shares | |
| 2024-10-16 | SH03 | capital | Capital return purchase own shares | |
| 2024-09-30 | AA | accounts | Accounts with accounts type group | |
| 2024-09-27 | PSC04 | persons-with-significant-control | Change to a person with significant control | |
| 2024-06-17 | SH06 | capital | Capital cancellation shares | |
| 2024-06-17 | RESOLUTIONS | resolution | Resolution | |
| 2024-06-17 | SH03 | capital | Capital return purchase own shares | |
| 2024-04-08 | SH06 | capital | Capital cancellation shares | |
| 2024-04-08 | SH03 | capital | Capital return purchase own shares | |
| 2024-04-06 | RESOLUTIONS | resolution | Resolution |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 2
- Capital events
- 6
- Officers appointed
- 0
- Officers resigned
- 0
last 12 months
last 24 months
last 12 months
last 12 months
Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.