Genex Stones London Ltd

Genex Stones London Ltd, based in Potters Bar, UK, is a small, active company founded just three years ago. With four employees and £1,241,595 in assets, it operates from a virtual address, managed by a solo founder who also serves as director and owner. The company’s e-commerce site enjoys a stellar 5.0 Google rating from 27 reviews, and it’s a regular importer of stone, plaster, cement, and similar materials, with 28 months of import activity recorded. It operates in the other business support service activities n.e.c. industries.

While Genex Stones London Ltd’s core business revolves around importing and selling stone products, it’s unclear what the company’s website looks like. It’s likely focused on B2B sales, given the nature of its imported goods.

Financially, Genex Stones London Ltd presents a mixed picture. Current assets increased by 20% to £1,200,000, while net assets decreased by 28% to £110,000. Bank borrowings increased by 74% to £510,000, and cash reserves increased by 89% to £290,000. Creditors increased by 48% to £430,000. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for flexibility, but the equity decrease could signal a need for investment. No auditor is mentioned, which is typical for small companies.

The company’s financial data suggests a period of growth, but also increased reliance on borrowing. It’s possible that the company is investing in inventory or expanding its operations, but the decrease in equity warrants closer monitoring. The company's import activity, particularly its focus on construction materials, likely reflects broader trends in the UK building sector.

Registered in England/Wales under the registration number 13576726, with a registered address at EN6 5AS, England, Potters Bar, Hertfordshire, C/O Michael Filiou Ltd Salisbury House, 81 High Street.

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