Granicol Limited

Granicol Ltd from Milford Haven UK: a small, active company founded 24 years ago, employs five people, and holds £73,650 in assets. It’s a family business with two directors and owners, boasting a perfect 5.0 Google rating from 13 reviews. The company irregularly imports machinery, boilers, and mechanical appliances; parts, with the last import operation occurring one month ago.

Granicol Ltd operates as a commercial stone fabrication service within Pembrokeshire. The company specializes in creating high-quality granite, marble, and quartz worktops and installations for both domestic and commercial properties. Their website highlights a focus on natural stone worktops, custom stone cutting, and a commitment to quality craftsmanship. They cater to customers seeking kitchen countertops, bathrooms, and commercial stone solutions, offering services like worktops, splashbacks, and even fireplace installations. The business also emphasizes its local, family-run nature, with 22 years of experience.

Financially, Granicol Ltd presents a mixed picture. Current assets have decreased significantly by 37%, dropping to £74,000. Net assets have also fallen by 13%, settling at £44,000. Bank borrowings have decreased by 31%, reaching £6,900, and cash reserves have plummeted 91%, leaving just £4,000. Creditors have also decreased by 25%, suggesting improved debt management. The company meets two of the three criteria for being a small company (turnover under £10.2m, assets under £5.1m, fewer than 50 employees). There's no auditor mentioned, which is common for small companies.

The sharp decline in cash reserves and overall assets is concerning, but the decrease in bank borrowings and creditors indicates some financial discipline. The company’s focus on high-end stone fabrication and its strong Google reviews suggest a potential for growth, but it will need to address its liquidity issues to ensure long-term sustainability.

Registered in England/Wales under the registration number 04207430, with a registered address at SA73 1DP, Milford Haven, Pembrokeshire, Plot 8, Waterston Industrial Estate.

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