Plymouth Stone Limited

Plymouth Stone Ltd, based in Plymouth, UK, is a small, active company founded 13 years ago. With 17 employees and £650,209 in assets, it’s a well-established player in the local market. The company, led by a solo founder and single director, Martin Robert John Rex, holds a stellar 5.0 Google rating from 20 reviews, a testament to its customer service. It’s a regular importer of stone, plaster, cement, and similar materials, with recent activity recorded in October 2024.

Plymouth Stone’s core business revolves around supplying and installing natural stone products, primarily for kitchens and bathrooms. Its website highlights a wide range of materials, including marble, granite, silestone, slate, and porcelain. The company operates a showroom open by appointment only, catering to customers seeking inspiration and expert advice. It also boasts a partnership with Silestone, a popular choice for worktops, and emphasizes its commitment to quality, competitive pricing, and reliable delivery. The company’s parent company, Martin and Sons, has been in the stone industry since 1909, spanning four generations of family involvement.

Financially, Plymouth Stone Ltd shows a mixed picture. While current assets increased by a healthy 38% to £650,000, net assets have seen a significant jump, rising 140% to £110,000. Bank borrowings decreased by 26% to £28,000, and cash reserves have increased dramatically, rising 250% to £63,000. However, creditors have also increased substantially, rising 42% to £680,000, and trade debtors have increased by 22% to £340,000. The company’s small size—meeting two of three criteria for a small company—allows for flexibility, but the rise in creditors suggests a need to manage cash flow carefully. The company is exempt from an audit as a small company, so the figures are unaudited. Overall, Plymouth Stone Ltd appears to be growing, but it’s important to monitor its debt levels and ensure it can continue to meet its obligations.

Registered in England/Wales under the registration number 08029624, with a registered address at PL3 6NG, Plymouth, Devon, 109 Efford Road.

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