Chiltern Marble Limited

Chiltern Marble Ltd, based in Colchester, UK, is a small, family-run business with an active status, having been founded sixteen years ago in 2008. The company employs seventeen people and holds assets totaling £1,218,850. It operates from a virtual address, a fact highlighted by the presence of thirty-one companies registered at the same location. Four directors and two owners (though this list may not be exhaustive) guide the business, which imports stone, plaster, cement, and similar materials on an irregular basis, with the last import occurring just a month ago in June 2024.

The company’s website showcases a bespoke fabrication service for natural composite stones, emphasizing personalized craftsmanship and a wide range of material choices, including eco-friendly options. It operates a three-step process: initial quote and showroom visit, templating and measurement, and finally, installation. The site also features a gallery of completed projects and testimonials from satisfied customers. Chiltern Marble has showrooms in Bedford and London, and caters to both trade and retail customers.

Financially, Chiltern Marble Ltd presents a mixed picture. Current assets have increased by a substantial 26%, reaching £1,200,000, while net assets have grown significantly by 56%, now standing at £780,000. However, bank borrowings have also increased, rising by 44%, and cash reserves have declined by 28%. Trade debtors have seen a dramatic increase of 190%, which could be a sign of growth but also potentially a challenge in managing payments. Creditors have decreased by 13%, suggesting improved debt management. 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. As a small company, it is exempt from an audit.

The company's increased debt and decrease in cash reserves could be a result of recent growth and investment in its operations, but it's something to keep an eye on. The company’s focus on high-end materials and bespoke fabrication suggests a premium pricing strategy, which may insulate it from some of the pressures facing more commoditized businesses.

Registered in England/Wales under the registration number 06763940, with a registered address at CO5 9PY, Colchester, Essex, 122 Feering Hill, Feering.

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