Red Sea Stone Ltd

  • Small
  • Active
  • 7 years
  • 3 employees
  • £207,516 (assets)
  • Real address
  • 3 directors
  • 2 owners
  • Regular importer
  • Irregular exporter

Field of Operation

Other building completion and finishing
43390 58308 companies

Website

Social media

Summary

Red Sea Stone Ltd from Mitcham UK: a small, active company founded seven years ago, employs three people, and holds £207,516 in assets. It’s a real address with three directors and two owners. The company regularly imports stone, plaster, cement, and similar materials – six months of import activity were recorded, with the latest in November 2024. It’s also an irregular exporter of iron or steel products, with just one month of export activity as of July 2022. The company operates in the other building completion and finishing industries.

The business appears to focus on supplying building materials, with its website, Red Sea Stone, showcasing a range of stone products, aggregates, and landscaping materials. While the site doesn's offer direct e-commerce functionality, it serves as a catalog and contact point for potential clients. It’s a small operation, meeting two of three criteria for a small company: turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees.

Financially, Red Sea Stone Ltd shows a mixed picture. Cash bank on hand increased by a significant 190% to £130,000, while current assets also jumped 160% to £210,000. However, creditors decreased by 7.9% after one year, and by a larger 58% within one year. Debtor levels rose by 120%, suggesting a reliance on credit sales. Equity, however, took a hit, decreasing by 270% to £170,000. The company’s small size and lack of an auditor (likely exempt) mean the figures are unaudited.

Overall, Red Sea Stone Ltd seems to be navigating a period of change. The increase in cash and current assets is encouraging, but the decrease in equity and the rise in debtors warrant closer attention. Whether this is a temporary fluctuation or a longer-term trend remains to be seen.

Registered in England/Wales under the registration number 10852327, with a registered address at CR4 1NZ, England, Mitcham, 1 Castleton Road.

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

Owners & PSC

  • Pacheco De Brito Vasco
  • 10 months
  • 50%+
  • Gomes Brito Sandra
  • 7 years
  • 75%+

Managers

Company director
Market research
Secretary

Last reports

Download the last financial report
Download the last confirmation report
* may contain a full shareholder list

Last news

  1. Unaudited abridged accounts made up to 2024-07-31
  2. Notification of Vasco Fernando Pacheco De Brito as a person with significant control on 2024-07-15
  3. Confirmation statement made on 2024-05-02 with updates

Importer profile by HS codes

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Last imported products

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Buy the list of 1147 UK B2B buyers of stone, plaster, cement, and similar material products.
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Exporter profile by HS codes

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Last exported products

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