Grestec Tiles Ltd
- Active
- Small
- 24 years
- 0 employees
- £1,384,957 (cur assets)
- 1m-15m
- Regular importer
- Regular exporter
- Real address
- 3 directors
- 2 owners
- Family business
- Ashford
Two conditions of three:
1.Turnover < £10.2 million
2.Balance sheet total < £5.1 million
3.Average number of employees < 50
The owners list was changed 3 months ago, a good sign to sell them something.
Field of Operation
Website
Summary
Grestec Tiles Ltd, based in Ashford, UK, is a small, family-run business with an active status, having been founded 23 years ago. Employing 12 people, the company holds £1,170,912 in assets and operates from a real address. With three directors and two owners, Grestec Tiles is a regular importer of ceramic products (130 months, latest in February 2025) and exporter (33 months, latest in July 2024).
The company’s website, netMAGmedia Ltd, is a specialist publishing company operating in the construction industry. It features news, articles, a product directory, and event listings, catering to professionals in the sector. The site’s content ranges from industry trends and government policy updates to product spotlights and event coverage. While it doesn’t appear to be an e-commerce site itself, it provides a platform for suppliers to advertise their products and services, generating revenue through advertising and media packages. The site's focus is on providing information and networking opportunities within the construction industry.
Financially, Grestec Tiles Ltd shows a mixed picture. Current assets remained relatively stable at £1,200,000, while net assets increased by 11% to £840,000. Bank borrowings decreased by 12%, reaching £280,000, and cash reserves fell by 23% to £440,000. Creditors decreased by 14%, suggesting improved debt management. The company’s size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) helps it remain nimble, but the increase in trade debtors (58%) may indicate challenges in collecting payments. The lack of an auditor mentioned (likely exempt as a small company) means the figures are unaudited.
The increase in furniture fittings by 31% and plant machinery by 22% suggests investment in the business, while the decrease in future minimum lease payments by 34% could reflect renegotiated terms. Overall, Grestec Tiles Ltd seems to be holding its own, but the fluctuating financial metrics warrant close monitoring.
Registered in England/Wales under the registration number 04275217, with a registered address at TN27 8PJ, Ashford, Kent, Unit 4-6 Marley Farm Business Estate, Headcorn Road Smarden.
WARNING: The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.
Ports, countries, transport, and price/kg were calculated by CorpSignals; non-official data, may contain errors.
Owners & PSC
-
Individual
- 10 years
- 2
- 25%+
-
Resident of United Kingdom
-
Individual
- 10 years
- 2
- 25%+
-
Resident of United Kingdom
Managers
-
Individual
- 24 years
- 3
-
Resident of United Kingdom
-
Individual
- 24 years
- 3
-
Resident of United Kingdom
-
Individual
- 24 years
-
Resident of United Kingdom
Last reports
The latest confirmation statement submitted eleven months ago.
Last news
-
Total exemption full accounts made up to 2025-07-31Download 10 pages pdf report
-
Cessation of Alison Eastman as a person with significant control on 2026-04-15Download 1 page pdf report
-
Cessation of Daren Eastman as a person with significant control on 2026-04-15Download 1 page pdf report
Importer profile by HS codes
Click on the map to see detailed UK statistics on HS code, including companies list.
Import HS codes in detail
Last imported products
Click on items to see detailed UK statistics on HS code, including companies list.
* Warning: Ports, countries, transport, and price/kg were calculated by CorpSignals; non-official data, may contain errors.
Exporter profile by HS codes
Click on the map to see detailed UK statistics on HS code, including companies list.
Export HS codes in detail
Last exported products
Click on items to see detailed UK statistics on HS code, including companies list.
* Warning: Ports, countries, transport, and price/kg were calculated by CorpSignals; non-official data, may contain errors.
FAQ about Grestec Tiles Ltd
Looking for leads in the UK?
Book a demo—see how CorpSignals can help you find UK leads.