Onyx Pearl Ltd

Onyx Pearl Ltd from Carnforth UK is a small, active company founded four years ago. With two employees and £146,868 in assets, it operates as a family business with a real address and an e-commerce site. Two directors and two owners manage the business, which specializes in retail sales via mail order and internet, as well as management consultancy.

The company’s website, StoneSuperstore, showcases a vast selection of tiles and paving slabs, including porcelain, limestone, and natural stone options. It caters to both indoor and outdoor projects, offering a wide range of styles, finishes, and sizes. The site prominently features customer reviews, a showroom visit option, and helpful advice on tile installation and maintenance. It’s a well-designed, comprehensive e-commerce platform, clearly focused on attracting and serving customers seeking high-quality tiling solutions.

Financially, Onyx Pearl Ltd’s recent performance presents a mixed picture. While turnover isn’t explicitly stated, the company meets the criteria for a small business, with assets under £5.1 million and fewer than 50 employees. However, retained earnings have taken a significant hit, plummeting 290% to -£23,000. Cash bank on hand has also decreased by 66%, falling to £9,700. Debtor’s have fallen by 55%, which could be a good sign, but creditors have increased by 15%, indicating a greater reliance on short-term financing. Property, plant, and equipment have also decreased by 44%, which could be due to depreciation or asset sales. The company’s net current assets and liabilities have increased by 380%, which is a worrying sign. The lack of an auditor mentioned (likely exempt as a small company) means the figures are unaudited.

Overall, Onyx Pearl Ltd appears to be facing financial headwinds. While the e-commerce platform StoneSuperstore seems well-positioned in the competitive tiling market, the company’s equity and cash reserves are shrinking. Whether this is a temporary setback or a more fundamental challenge remains to be seen—but it suggests a need for careful financial management and a focus on profitability.

Registered in England/Wales under the registration number 12602810, with a registered address at LA5 9EF, England, Carnforth, 166 Lancaster Road.

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