Richman Brick & Stone Ltd

Richman Brick & Stone Ltd, based in Fareham, UK, is a small, active company founded six years ago. Employing just two people, it holds assets of £621,299 and boasts a perfect 5.0 Google rating from 20 reviews. The company is a regular importer of ceramic products, with eight months of import activity recorded, the last operation made in January 2021. It operates in the agents involved in the sale of timber and building materials, the wholesale of wood, construction materials and sanitary equipment industries.

The company's website is currently unavailable, making it difficult to ascertain the specifics of its operations beyond the provided information. It’s unclear if they have an e-commerce presence or primarily operate through wholesale channels.

Financially, Richman Brick & Stone Ltd presents a mixed picture. While net assets increased by a significant 69% to £170,000, cash reserves also grew by 36% to £45,000. However, bank borrowings decreased by -34% to £9,700, and creditors increased by 24% to £470,000. Trade debtors remained stable, and inventories increased substantially by 200% to £190,000. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for agility, but the rise in creditors suggests a need to manage short-term liabilities. The unaudited financial statements, exempt due to the company’s size, rely on director-reported data. The company’s plant machinery saw a 500% increase in value, which is a good sign.

Overall, Richman Brick & Stone Ltd seems to be holding its own, but the increase in creditors warrants close monitoring. The company’s strong Google rating indicates customer satisfaction, which should help sustain its business.

Registered in England/Wales under the registration number 11843144, with a registered address at PO17 5BT, England, Fareham, Unit 6 Welborne Business Park, Wickham Road.

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