Albion Stone Plc

Albion Stone Plc, based in Nutfield, UK, is a large, active company established 41 years ago. Employing 71 people and boasting assets of £9,434,115, it's a significant player in the stone industry. With five directors and one owner, and a stellar 5.0 Google rating from 13 reviews, the company has a strong reputation. Albion Stone regularly imports machinery, boilers, and mechanical appliances, and exports stone, plaster, cement, and similar material products.

The company’s website highlights its focus on Portland Stone, extracted from its own mines using environmentally responsible techniques. It offers a full range of Portland Stone, from basic matrix to various shell content and textures, and caters to diverse applications, including construction, restoration, and landscaping. The website showcases examples of its work, such as the St. Paul's Cathedral and Wood Wharf projects, and provides technical manuals and design guidance. Albion Stone prides itself on being a fourth-generation family business with a skilled workforce and modern manufacturing processes.

Financially, Albion Stone Plc’s report shows some interesting trends. Accrued liabilities increased by 2.7%, while depreciation on plant machinery rose by 3.9%. However, bank borrowings decreased by a substantial 31%, which is a positive sign. Staff costs increased by 11%, and director remuneration jumped by 24%, suggesting investment in personnel. Despite a decrease in cash reserves by 3.9%, the company’s net assets increased by 4%, indicating overall financial stability. It’s worth noting that deferred tax expense credit decreased significantly, and the company’s net loss widened considerably, though it remains a modest figure. The company’s auditor is Moore Kingston Smith LLP.

While the company meets the criteria to be considered large, with turnover exceeding £36 million and a balance sheet total over £18 million, the increased costs and losses suggest a need for careful management. The decrease in bank borrowings is encouraging, and the company’s strong brand and reputation should help it weather any challenges.

Registered in England/Wales under the registration number 01767530, with a registered address at RH1 4HW, Nutfield, Surrey, Robert Denholm House, Bletchingley Road.

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