Bellagio Stone Limited

Bellagio Stone Limited, based in Warwick, UK, is a medium-sized holding company with an active status, having been established nineteen years ago in 2005. The company employs sixty-two people and holds assets worth £2,342,770. Annual revenue reached £11,016,866, demonstrating a healthy turnover. With four directors and one owner, and a stellar 5.0 Google rating based on 159 reviews, Bellagio Stone is clearly well-regarded by its customers. The company operates from a real address at Unit 6 Heathcote Way, Heathcote Industrial Estate, Warwick, and is a good sign as only one other company is registered at the same address.

Bellagio Stone Limited specializes in cutting, shaping, and finishing stone, as well as other building completion and finishing industries. The company’s website, salesbmiworktops.co.uk, showcases a wide range of kitchen worktops made from materials like granite, quartz, marble, and sintered stone. The site functions primarily as an e-commerce platform, allowing customers to browse and select worktops based on color, material, and thickness. They also offer accessories like sinks, taps, and splashbacks. The website also has a blog section with articles about kitchen worktop trends and care.

Financially, Bellagio Stone Limited presents a mixed picture. While turnover increased by a solid 6.1%, several key metrics indicate potential pressures. Cash bank on hand saw a significant jump of 160%, suggesting improved liquidity, but bank borrowings also increased substantially by 18%, which could be a sign of increased reliance on debt financing. Creditors rose by 49%, which could indicate challenges in managing supplier payments. The company’s net assets increased by 12%, which is a positive sign, but the increase in deferred tax liabilities suggests a need for careful tax planning. The company’s staff costs increased by 15%, which could be due to increased demand or salary adjustments. The lack of an auditor mentioned, likely due to the company’s size, means the figures are unaudited.

Despite these challenges, Bellagio Stone Limited's strong Google rating and focus on high-quality materials suggest a commitment to customer satisfaction. The company’s position as a holding company, with its own Marble Ideas Ltd division, could offer diversification opportunities. It's likely the company is navigating the usual pressures of a growing business, and the increase in bank borrowings may be a strategic move to support expansion—although it will be important to monitor this closely.

Registered in England/Wales under the registration number 05497978, with a registered address at CV34 6TE, England, Warwick, Unit 6 Heathcote Way, Heathcote Industrial Estate.

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