Granite&more Ltd

Granite&more Ltd is a small, active company based in London, UK, founded four years ago in 2020. With a real address and a Google rating of 5.0 from 20 reviews, it employs just one person and holds £82,802 in assets. The company is run by a solo founder and has one director, Sarah Mohealdeen. It’s an irregular importer, with its top import category being aluminum and aluminum products, totaling 2 months of imports, the last operation was conducted on October 01, 2024.

The company’s website showcases a focus on stone surfaces, including bathroom countertops, fireplaces, and more, offering services from templating to installation. It highlights a quick and quality work process, with a focus on customer satisfaction and competitive pricing. The site also features a blog, showcasing projects and offering advice on stone selection and care. It’s clear that Granite&more Ltd is aiming to be a one-stop shop for customers looking to upgrade their homes with stone features.

Financially, Granite&more Ltd presents a mixed picture. While current assets have increased significantly, jumping 210% to £83,000, net assets have improved dramatically, rising from -£5,800 to £2,800. However, bank borrowings have surged by a staggering 1,600%, reaching £7,300, and cash reserves have fallen 54% to £9,800. Creditors have also increased by 140%, now standing at £99,000. 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 agility, but the rise in debt and the drop in cash reserves are concerning. No auditor is mentioned, so the figures are unaudited.

The increase in bank borrowings and the decrease in cash reserves suggest that Granite&more Ltd may be burning through money, potentially to expand its operations or invest in new equipment. It’s possible that the company is experiencing growing pains as it tries to scale up its business, or perhaps it’s facing increased competition in the stone surfaces market. While the company’s high Google rating and focus on customer service are positive signs, it will need to carefully manage its finances to ensure its long-term success.

Registered in England/Wales under the registration number 12703701, with a registered address at W13 8JF, England, London, Ealing, 29 29 The Cedars, Heronsforde.

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