Purple Granite Ltd

Purple Granite Ltd, based in Kidderminster, UK, is a small, family-run business with an active status. Founded fourteen years ago in 2010, the company employs thirty-five people and holds £1,509,503 in assets. It operates from a real address and is managed by one director and two owners. The company runs an e-commerce site and enjoys a stellar 5.0 Google rating from 121 reviews. It's an irregular importer, primarily bringing in machinery, boilers, and mechanical appliances—parts, with the last import activity recorded one month ago.

The company’s website, purplegranite.co.uk, showcases a wide range of worktops, including granite, marble, quartz, and porcelain, catering to kitchen and bathroom renovations. It offers free samples, a visualizer tool, and even boasts a brochure for inspiration. The site emphasizes competitive pricing, with a "half price worktops" promotion and a low deposit of £250. It's clear that Purple Granite Ltd is focused on providing a convenient and affordable way for customers to upgrade their kitchens.

Financially, Purple Granite Ltd presents a mixed picture. Current assets increased by 12% to £1,500,000, while net assets decreased by 8.2% to £1,100,000. Bank borrowings surged by 7700% to £6,500, and cash reserves grew by 16% to £1,100,000. Creditors increased by 30% to £840,000. The company's small size (meeting two of three conditions for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for flexibility, but the increase in bank borrowings suggests a need for careful financial management. There’s no auditor mentioned, likely due to the company’s exemption as a small entity.

Overall, Purple Granite Ltd appears to be a thriving small business, benefiting from a strong online presence and positive customer reviews. However, the recent increase in borrowing warrants close monitoring to ensure long-term financial stability.

Registered in England/Wales under the registration number 07447526, with a registered address at DY11 7QL, England, Kidderminster, Unit 6 Gemini Business Park, Stourport Road.

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