Lovie Quarry & Concrete Products Limited Liability Partnership

Lovie Quarry & Concrete Products Liability Partnership Ltd, based in Fraserburgh, UK, is a small, active company established 20 years ago. With 65 employees and £3,760,821 in assets, it’s a significant local employer. The firm, which has a real address and is managed by five directors (though no owners are officially listed), maintains a solid 4.0 Google rating based on 23 reviews. It’s a regular importer, primarily of iron or steel products, with recent activity recorded just three months ago.

The company’s website showcases a diverse range of concrete products and services, catering to both commercial and individual customers. From ready-mix concrete and paving slabs to precast panels and specialist sands, Lovie Quarry & Concrete Products offers a comprehensive selection. The website also highlights its commitment to quality and customer support, with an extensive display area and a focus on British craftsmanship. It seems to be a straightforward retail operation, without any obvious e-commerce functionality.

Financially, the picture is mixed. While cash bank on hand decreased slightly by 3.1%, creditors saw a substantial 28% reduction, suggesting improved debt management. However, net current assets and liabilities increased by a whopping 270%, which is a big change. Trade debtors remained steady, and property, plant, and equipment took a significant 39% hit. 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 decline in property, plant, and equipment is a concern. The accounts are audited, and Hall Morrice LLP served as the auditor.

Overall, Lovie Quarry & Concrete Products appears to be a well-established local business facing some financial headwinds. The company's strength lies in its diverse product range and its reputation for quality, but it will need to address the decline in asset values to ensure long-term sustainability.

Registered in Scotland under the registration number SO300580, with a registered address at AB43 6PR, Fraserburgh, Aberdeenshire, Cowbog, New Pitsligo.

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