Neolith Uk Limited

Neolith UK Limited, based in Birstall, UK, is a small, active company founded seven years ago in 2017. Employing twelve people, it holds £3,939,672 in assets and generates £2,135,334 in yearly revenue. The company operates with two directors, though no owners are officially listed, which is a bit unusual. It’s a regular importer and exporter of iron or steel products, having imported for eleven months and exported for seven, with the most recent activity in December 2024.

The company’s website, Neolith Surfaces, focuses on the supply and installation of Neolith worktops, a premium sintered stone material. It offers a full service, from initial consultation and templating to fabrication and installation, catering to both residential and commercial clients. The site highlights Neolith's durability, versatility, and aesthetic appeal, showcasing a wide range of colours, finishes, and applications – from kitchen worktops to bathroom vanities and even flooring. They also offer a gallery of completed projects and a comprehensive FAQ section, demonstrating a commitment to customer support. It's clear they're positioning themselves as a premium supplier, emphasizing quality and service over price.

Financially, Neolith UK Limited's recent performance shows some concerning trends. While turnover remained relatively stable, net assets decreased significantly by 65% to -£2.9 million. Cash reserves plummeted 78% to just £370,000, and operating losses ballooned to -£1.2 million, a substantial increase from the previous year. Bank borrowings, however, decreased dramatically, which could indicate efforts to reduce debt. Trade debtors also decreased, suggesting improved collection of payments. 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 large losses and dwindling cash reserves raise questions about its long-term sustainability. The accounts are audited by Nordens Audit Limited. It seems like the company is facing increased operating expenses, as administrative costs rose by 73%, potentially due to marketing or staffing investments.

Registered in England/Wales under the registration number 10970552, with a registered address at CM19 5TB, United Kingdom, Harlow, Lovet House, Lovet Road.

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