Flagstone Paving Limited

Flagstone Paving Ltd from West Kingsdown UK: a small, active company founded 22 years ago, employs four people, and holds £3,779,896 in assets. It operates from a virtual address, managed by two directors and two owners, and is a family business with a solid Google rating of 4.0 based on 68 reviews. The company regularly imports salt, sulphur, earths, stone, plaster, lime, and cement—a pattern that’s continued for the last 18 months, with the most recent import occurring in August 2024.

Flagstone Paving is a building supplies merchant, offering a wide range of products from natural stone and manufactured paving to fencing, aggregates, and even plumbing supplies. Its website showcases an extensive catalog, catering to both trade and public customers. They even offer a tool hire service and emphasize expert advice and free quotes. The business operates from London Road, West Kingsdown, Kent, but the address is probably virtual, as forty two companies are registered there.

Financially, Flagstone Paving seems to be in a good place. Cash bank holdings increased by a healthy 15% to £3.6 million, and current assets also grew by 15% to £3.8 million. However, debtors have jumped significantly—a 1400% increase to £30,000—which could indicate delayed payments from customers. Creditors also rose by 19% to £650,000. The company’s net assets increased by 11% to £4.1 million, and equity rose by 11% to £4.1 million as well. It’s a small company, meeting two of three conditions for classification (turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees). There’s no auditor mentioned, which is common for small, exempt companies.

The significant increase in debtors is something to keep an eye on, but overall, Flagstone Paving appears to be financially stable and well-managed. The company’s focus on customer service and a wide product range positions it well within the competitive building supplies market.

Registered in England/Wales under the registration number 04741896, with a registered address at TN15 6AR, West Kingsdown, Kent, Kings Lodge, London Road.

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