Mayflowerstone Limited

Mayflowerstone Limited, based in Wellington, UK, is a small holding company with an active status. Established eighteen years ago in December 2006, it employs thirty people and holds assets valued at £2,171,681. The company has a real address, is overseen by two directors, and is owned by one individual. It maintains a strong Google rating of 4.0 based on thirty-two reviews. The business irregularly imports ceramic products, with the last import operation occurring in February 2024.

Mayflowerstone Limited operates as a supplier of stone surfaces, with a particular focus on worktops, flooring, and splashbacks. The company’s website highlights its expertise in granite, quartz, marble, and Corian, catering to both residential and commercial clients. It even offers a showroom and online resources to assist customers in their design journey. The business also boasts employee ownership, emphasizing a commitment to quality and customer service. It seems they have a factory and skilled craftsmen, and even direct importers of quality stone.

Financially, Mayflowerstone Limited’s recent performance presents a mixed picture. Cash reserves decreased by 50%, dropping to £350,000, while bank borrowings were reduced by 35%, reaching £70,000. Trade debtors increased significantly by 31%, now at £1,600,000, which could indicate a shift in payment terms or increased sales on credit. Creditors also decreased by 6.2%, settling at £870,000. Net assets declined by 8.1% to £1,600,000. The company’s small size—meeting two of three criteria for a small company—allows for agility, but the decrease in equity warrants attention. The company’s accounts are unaudited, and no auditor is mentioned.

The surge in loans owed by related parties—increasing by 94% to £1,400,000—is a notable trend, potentially reflecting internal financing arrangements. Despite these challenges, Mayflowerstone Limited’s strong online presence and focus on premium stone surfaces suggest a continued effort to maintain its position in the market.

Registered in England/Wales under the registration number 06026084, with a registered address at TA21 9JQ, Wellington, Somerset, 5c Castle Road, Chelston Business Park.

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