Agar Stone Ltd

Agar Stone Ltd, based in Worcester, UK, is a small, active company founded three years ago in 2021. It employs just two people and holds £193,634 in assets, operating from a real address and managed by a single director and owner. The company is a regular importer, specializing in carpets and textile floor coverings, with three months of import activity recorded as of July 2023.

The company’s website highlights its role as a brand ambassador for distinctive manufacturers, Limited Edition, and 2tec2, focusing on exceptional flooring products for commercial and high-end residential interiors. It seems to operate as an agency, connecting manufacturers with UK buyers, rather than directly selling products itself.

Financially, Agar Stone Ltd presents a mixed picture. Cash bank on hand increased by 24% to £35,000, a positive sign. However, creditors rose significantly by 50% to £72,000, and trade debtors exploded by 280% to £160,000—suggesting a reliance on customer payments. Equity, however, saw a substantial boost, with retained earnings accumulating losses increasing by 490% to £120,000. The company meets the criteria for a small business, with turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. The accounts are unaudited, a common exemption for small companies.

Overall, Agar Stone Ltd appears to be navigating a period of growth, but the sharp increase in debtors warrants attention. It’s possible the company has expanded its sales efforts, but managing cash flow will be crucial to sustaining this momentum.

Registered in England/Wales under the registration number 13537514, with a registered address at WR2 5AG, United Kingdom, Worcester, Worcestershire, 31 St John's.

WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.