Carved In Granite Ltd

Carved In Granite Ltd from Newark UK: a small company with an active status, was founded nine years ago and currently employs just one person. The company holds £57,653 in assets and operates from a real address in Bilsthorpe, with three directors and one owner – a solo founder. It’s a regular importer of stone, plaster, cement, and similar material products, having imported for 31 months, with the last import occurring in December 2022.

The company’s website, carvedinstonegroup.com, showcases a thriving landscaping and pool installation business serving the Greater Toronto Area. Founded 17 years ago, though operating in Toronto for 11 years, Carved In Stone Group specializes in luxurious, high-quality pool and landscape projects. They offer services including landscape design, hardscaping, and custom pool installation, and have a portfolio of impressive work. The website also highlights career opportunities within the landscaping industry.

Financially, Carved In Granite Ltd presents a mixed picture. While current assets increased by 23% to £58,000, equity dropped by 30% to £9,700. Bank borrowings decreased by 37%, settling at £5,100, and cash reserves also fell by 34% to £5,300. Creditors, however, increased by 37% to £5,100. Debtors have increased significantly, by 60%, reaching £51,000. The company meets the criteria to be considered small – turnover less than £10.2 million, balance sheet total under £5.1 million, and fewer than 50 employees. No auditor is mentioned, likely due to the company’s small size.

Despite the decline in cash reserves and equity, the company’s increased debtors suggest a possible strategy of extending credit terms to boost sales. The landscaping business in Toronto appears to be doing well, but it’s unclear how closely it’s linked to the UK-based import operation. It’s possible the UK business is supporting the Canadian one, or vice versa, but further investigation would be needed to determine the exact relationship.

Registered in England/Wales under the registration number 10187818, with a registered address at NG22 8UR, Newark, 11 Cremorne Drive, Bilsthorpe.

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