Cosy Stone Ltd

Cosy Stone Ltd, based in Reading, UK, is a small, active company founded four years ago. With three employees and £1,555,651 in assets, it operates from a real address and is overseen by three directors and two owners. The company regularly imports stone, plaster, cement, and similar material products, with the most recent import activity occurring in November 2024.

The company's website, Matai Stone, showcases a wide range of custom-made stone worktops, including granite, marble, quartz, and sintered stone. It highlights a family-run business with over 30 years of experience in manufacturing and installation, catering to both domestic and commercial clients. Matai Stone emphasizes its fast turnaround times, bespoke designs, competitive pricing, and in-house staff—a clear strategy to attract customers seeking high-quality stone surfaces. The website also features testimonials and details about its partnerships with reputable suppliers like Caesarstone, Silestone, and Dekton.

Financially, Cosy Stone Ltd’s recent performance presents a mixed picture. While net assets increased by 130% to £670,000, cash reserves dropped by 21% to £66,000. Trade debtors rose by 57%, suggesting potential delays in customer payments. However, creditors decreased by 26%, indicating improved debt management. The company meets the criteria for a small company—with turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees—allowing it to remain agile. The lack of an auditor mentioned suggests the company is exempt from an audit as a small entity.

The significant increase in bank borrowings, however, is a concern. It's possible this is a strategic move to fund growth or invest in new equipment, but it also suggests the company is relying more heavily on debt financing. The company’s financial statements are unaudited, so it’s difficult to assess the full picture—but the trends suggest Cosy Stone Ltd is navigating a period of change and growth, with some financial challenges to address.

Registered in England/Wales under the registration number 13300160, with a registered address at RG7 5LT, England, Reading, West Berkshire, Unit 1-4 Field Barn Farm Beenham Hill, Beenham.

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