Grey Slate & Stone Limited

Grey Slate And Stone Ltd, based in Porthmadog, UK, is a small, family-run business with an active status. Founded sixteen years ago in 2009, the company employs zero people and holds £248,917 in assets. It operates from a real address and is managed by two directors and owners, Phillips Morwenna Eleri and Phillips Michaela. The company enjoys a perfect 5.0 Google rating from forty reviews and regularly imports ceramic products, with the most recent import recorded in July 2024.

The company’s website showcases a wide range of natural stone products, including Welsh slate, paving slate, walling slate, and coping, alongside a selection of imported tiles and adhesives. It caters to both residential and commercial projects, offering bespoke services and a focus on quality and craftsmanship. The website also highlights the company’s expertise in stone restoration and installation, with a dedicated section for Ultratilefix adhesives and grouts.

Financially, Grey Slate & Stone Ltd presents a mixed picture. Current assets have decreased by 25%, falling to £250,000, while net assets have also declined by 12%, reaching £220,000. Cash reserves have taken a significant hit, dropping 74% to just £29,000. Trade debtors have also fallen, decreasing by 32% to £95,000. While creditors have also reduced, falling by 34%, the decline in cash and equity is notable. 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 drop in equity suggests potential pressures. As a small company, it’s exempt from an audit, relying on unaudited accounts.

The company’s continued focus on quality products and bespoke services, alongside its strong Google rating, indicates a commitment to customer satisfaction. However, the financial data suggests a need for careful management to ensure long-term sustainability.

Registered in England/Wales under the registration number 06800372, with a registered address at LL49 9BU, Wales, Porthmadog, The Galleries, Madoc Street.

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