Shellstone Ltd

Shellstone Ltd, a small company based in London, UK, has been active for eight years. Founded by a solo entrepreneur, the firm employs three people and holds £483,714 in assets. While the company’s registered address is real, with only one other business registered there, it's currently facing challenges as accounts are ten months overdue. The company has two directors and one owner, Grossman Aaron.

Shellstone Ltd operates in the wholesale of perfume and cosmetics, and the non-specialised wholesale trade industries. Its website showcases a diverse range of services, from consultancy and insurance to oil and gas, water treatment, and waste management—a broad scope for a small business. The website suggests a focus on providing comprehensive solutions for various industries, with a particular emphasis on business support and environmental services. It even has a section for seismic data services, indicating a possible connection to the energy sector.

Financially, Shellstone Ltd presents a mixed picture. Current assets have increased by 39% to £480,000, which is a positive sign. However, net assets have surged by 450% to £210,000, largely driven by a significant increase in retained earnings. Bank borrowings have also increased to £10,000, and cash reserves have jumped to £82,000, a substantial improvement. Trade debtors have increased by 24%, which could indicate a reliance on customer payments. 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 flexibility, but the increase in bank borrowings suggests it may be financing growth. There's no auditor mentioned, which is common for small companies.

Registered in England/Wales under the registration number 10662165, with a registered address at N16 6LB, United Kingdom, London, London, 24 Oldhill Street.

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