Mainstream Granite Limited

Mainstream Granite Ltd from Bexleyheath UK: a small, active company founded 11 years ago, employs six people, and holds £715,876 in assets. It’s a real address with one director and two owners, boasting a perfect 5.0 Google rating from five reviews. The company regularly imports stone, plaster, cement, and similar material products, with the last import operation made in April 2024.

The company’s website, Mainstream Granite, is a distributor of luxury natural stones – granite, marble, quartzite, and porcelain – and the UK distributor for Diresco Quartz. It operates both a physical yard in Sudbury, Suffolk, and an online store, catering to fabricators, builders, architects, and interior designers. The site highlights a wide range of products, including large-format porcelain slabs and even a partnership with Grespania Coverlam. It also features a section dedicated to its exclusive Diresco Quartz, emphasizing its BioUV Technology and suitability for both indoor and outdoor use. The website clearly positions Mainstream Granite as a supplier of high-end materials for a variety of construction and design projects.

Financially, Mainstream Granite Ltd presents a mixed picture. While current assets increased by 11% to £720,000, equity plummeted 61% to £29,000. Bank borrowings decreased by 12% to £99,000, suggesting some debt management. However, creditors rose by 5.6% to £550,000, and trade debtors increased significantly by 49% to £220,000. The company’s small size (meeting two of three criteria for a small company) helps it remain flexible, but the substantial drop in equity raises concerns. The lack of an auditor mentioned (likely exempt as a small company) means the figures are unaudited.

The company’s decline in equity, despite a rise in assets, suggests it may be burning through cash to fuel growth or facing increased costs. It's possible that the expansion of credit terms to customers, as indicated by the rise in trade debtors, is impacting cash flow. Overall, Mainstream Granite Ltd appears to be navigating a period of change, with both opportunities and challenges ahead.

Registered in England/Wales under the registration number 08848396, with a registered address at DA6 7DU, England, Bexleyheath, Unit 2 Market Place.

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