Ruby Granite Ltd

Ruby Granite Ltd, based in Colwyn Bay, UK, is a small, active company founded fifteen years ago in 2009. With 24 employees and £1,406,722 in assets, it operates from a real address and is led by a single director and owner, who is also the solo founder. The company boasts a solid 4.0 Google rating from 56 reviews and is a regular importer of stone, plaster, cement, and similar materials, with the latest import operation occurring in October 2024.

Ruby Granite specializes in the cutting, shaping, and finishing of stone, and its website showcases a wide range of granite, marble, and quartz worktops. It caters to both residential and commercial clients, offering bespoke solutions for kitchens, bathrooms, and even hospitality spaces. The company’s website highlights its extensive showroom, 300+ slabs in stock, and template, manufacture, and fitting services—a full-service approach to stone surfaces. It even has a way to get a quote.

Financially, Ruby Granite Ltd presents a mixed picture. While current assets grew by 44% to £1,400,000, net assets declined by 4.2% to £490,000. Bank borrowings increased by 36% to £260,000, and cash reserves saw a healthy 83% jump to £63,000. Creditors, however, surged by 120% to £1,400,000, suggesting increased reliance on credit. The company's small size (meeting two of three criteria for a small company) allows for flexibility, but the significant rise in creditors warrants closer attention. The company’s unaudited financial statements, likely exempt due to its size, don’t mention an auditor.

Overall, Ruby Granite Ltd appears to be a stable, albeit growing, business. Its strong Google rating and diverse product offerings suggest a loyal customer base, but the increased debt load will need to be managed carefully to ensure long-term financial health.

Registered in England/Wales under the registration number 06942821, with a registered address at LL28 5BS, Colwyn Bay, Quinton Hazell Estate, Conwy Road.

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