Great British Stone Limited

Great British Stone Ltd, based in Kent, UK, is a small, active company founded six years ago. With four employees and £23,381 in assets, it’s a solo-founded operation managed by a single director and owner. The company operates in the construction installation industries, specializing in the design and installation of natural stone, quartz, porcelain, and semiprecious materials for both residential and commercial projects. It's a real address, and only one other company is registered there.

The business has a well-established website showcasing its projects and services, with a strong emphasis on craftsmanship and customer service. It imports ceramic products irregularly, with one month of imports recorded in 2022, and exports machinery and mechanical appliances, also irregularly, with one month of exports recorded in 2022. The website features testimonials from satisfied clients, including interior design firms and individual homeowners, highlighting the quality of its work and the professionalism of its team.

Financially, Great British Stone Ltd presents a mixed picture. Accumulated depreciation on its plant and machinery has increased by 32%, and finance lease liabilities have decreased by 40%. Cash bank on hand has plummeted 130% to a negative £3,700, which is concerning. Bank borrowings have increased significantly by 23%, and creditors have increased by 25% within a year. Despite this, trade debtors have decreased by 21%, suggesting improved management of customer payments. The company meets two of the three criteria to be considered small (turnover under £10.2m, assets under £5.1m, and fewer than 50 employees), which allows it to avoid a full audit. The lack of an auditor is not unusual for a small company.

The sharp decline in net assets, from £200,000 to £88,000, is a notable trend. This could be due to increased investment in the business or a temporary dip in profitability. It's also worth noting that loans from directors have increased significantly by 44,000%, which could indicate a need for additional capital. While the company’s website and customer testimonials paint a picture of a thriving business, the financial data suggests it’s facing some challenges.

Registered in England/Wales under the registration number 11522769, with a registered address at DA4 0LD, Kent, Charton Vale Eglantine Lane, Farningham.

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