Gravel Works Ltd

Gravel Works Ltd from Llanelli, UK, is a small, active company founded ten years ago in 2014. Employing 25 people, it holds £369,055 in assets and operates from a real address at 79 Pennant Road. The business is led by a single director and owner, Morgan Adam Lewis, and boasts a perfect 5.0 Google rating based on 12 reviews. It’s an irregular importer, primarily dealing in salt, sulphur, earths, stone, plaster, lime, and cement, with the latest import activity recorded one month ago in October 2024.

The company's website highlights its role as a supplier of aggregate, timber, concrete Lego blocks, and more. It doesn’s a traditional e-commerce site; instead, it functions as an enquiry form. Customers select their desired products—concrete blocks, aggregates, decorative stone, or fencing—and provide details like quantity and delivery preferences. The site emphasizes quick delivery, certified products, and a local presence serving Swansea, Cardiff, and surrounding areas. A section dedicated to concrete interlocking blocks showcases their versatility for various construction projects, while another promotes fencing products and landscaping materials. The website also features a blog, which is a nice touch.

Financially, Gravel Works Ltd presents a mixed picture. Current assets have plummeted by a significant 67%, dropping to £370,000. Debtor’s have also fallen dramatically, down 74% to £270,000. Bank borrowings have increased by 4.1%, reaching £55,000. However, creditors have also decreased by 51%, suggesting improved debt management. Equity has declined by 17%, falling to £650,000. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) means it’s likely exempt from an audit, and the figures are unaudited. The decrease in employees from 25 to 2 is a notable change, and it’s possible this reflects a streamlining of operations. The company’s net assets liabilities are at £800,000.

Registered in England/Wales under the registration number 09114834, with a registered address at SA14 8EG, Wales, Llanelli, Carmarthenshire, 79 Pennant Road.

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