Mander & Germain (marble And Stone) Limited

Mander & Germain (Marble and Stone) Limited, based in London, UK, is a small, family-run business with an active status, celebrating 33 years in operation. Employing twelve people and holding £207,804 in assets, the company operates from a real address and is managed by three directors and two owners. Its Google rating currently sits at a concerning 1.0 based on just one review, reflecting a need for improved customer feedback. The company is an irregular importer, with its top import category being Stone, plaster, cement, and similar material products, last imported in July 2022.

The company’s core business revolves around the cutting, shaping, and finishing of stone, catering to a specific niche within the construction and interior design sectors. While no website is available for review, the company’s profile suggests a focus on high-quality craftsmanship and bespoke solutions.

Financially, Mander & Germain (Marble and Stone) Limited shows a mixed picture. Current assets have decreased by 20%, dropping to £210,000, while net assets have also fallen by 20% to £140,000. Bank borrowings have increased, and cash reserves have declined significantly. Creditors have also decreased, which could indicate better management of short-term debts. The company meets the criteria to be considered small, with a turnover under £10.2m and assets under £5.1m. The lack of an auditor mentioned is likely due to the company’s small size and exemption from an audit.

The company’s decreasing cash reserves and falling equity are concerning, suggesting a potential need for careful financial management. While the business has a long history and a family-run structure, the financial data indicates a need to address these trends to ensure long-term sustainability.

Registered in England/Wales under the registration number 02711224, with a registered address at SW18 4PP, London, 60 Kimber Road.

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