Oconnor Stone Limited

Oconnor Stone Limited is a small, active company based in Cardiff, UK, founded 11 years ago in 2013. It employs just two people and holds £94,546 in assets. With a real registered address and three directors, including Gary and Karine O'Connor, the company operates in the other construction installation industries. It’s a regular importer, primarily of aluminum and aluminum products, though import activity ceased in 2018.

The company's website highlights its expertise in stone masonry and cladding, specializing in projects like rainscreen facades and elliptical stone staircases for prestigious locations like the British Museum and Eagle House. It also lists current vacancies for skilled stone fixers and cladding installers, suggesting ongoing projects and a need for experienced personnel. The site’s focus on high-quality workmanship and project showcases positions Oconnor Stone as a specialist contractor.

Financially, Oconnor Stone Limited presents a mixed picture. Current assets have decreased by 12%, dropping to £95,000, while net assets have plummeted dramatically, resulting in a negative balance of -£34,000. Bank borrowings have also decreased, but cash reserves are down 70%, leaving just £1,700 available. Creditors have increased significantly, rising 47% to £100,000. The company’s small size (meeting two of three conditions for a small company) helps it remain flexible, but the substantial equity decline is concerning. No auditor is mentioned, likely due to the company's exemption as a small entity.

Overall, Oconnor Stone Limited appears to be facing financial pressures, despite its focus on specialized construction projects. The significant decrease in equity suggests the company may be burning through cash, and the increased reliance on creditors could indicate a need for improved cash flow management.

Registered in England/Wales under the registration number 08761237, with a registered address at CF14 8LH, Cardiff, 08761237: COMPANIES HOUSE DEFAULT ADDRESS.

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