Planet Granite U.k. Limited

Planet Granite U.K. Limited, based in Coventry, UK, is a small, active company established 22 years ago. Employing eight people, it holds £355,087 in assets and operates from a real address. With one director and owner, it boasts a stellar 5.0 Google rating from 153 reviews. The company regularly imports stone, plaster, cement, and similar materials, with recent activity recorded in August 2024.

The business specializes in manufacturing and fitting granite work surfaces, operating a custom-built factory and showroom alongside its online presence. Its website showcases a wide range of worktops, from classic granite to modern quartz and silestone options, catering to both residential and commercial clients. It also offers bespoke quartz worktops and even provides disaster recovery services for damaged pianos, hinting at a diverse range of capabilities.

Financially, Planet Granite U.K. Limited presents a mixed picture. Current assets decreased by 18% to £360,000, while net assets increased by 70% to £280,000. Bank borrowings decreased by 27%, and cash reserves fell by 34% to £37,000. Trade debtors plummeted by 78%, suggesting improved collections, but creditors increased by 58% to £80,000. The company’s small size—meeting two of three criteria for a small company—allows for flexibility, but the significant increase in creditors could indicate growing operational expenses. No auditor is mentioned, consistent with its status as a small, exempt company.

While the business maintains a strong online presence and positive customer reviews, the financial data suggests a period of adjustment. The growth in creditors warrants close monitoring, and the company’s ability to sustain its growth trajectory will depend on effective cost management and continued demand for its worktop services.

Registered in England/Wales under the registration number 04659707, with a registered address at CV7 8GF, Coventry, Devitts Green Farm Devitts Green Lane, Arley.

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