Stone Affects Paving Supplies Ltd

Stone Affects Paving Supplies Ltd, based in Weston-Super-Mare, UK, is a small, active company founded four years ago. With six employees and a real address, it’s a family-run operation overseen by two directors and owners. The company holds a stellar 5.0 Google rating based on 19 reviews, highlighting its customer service. They are an irregular importer, with their top import category being Ceramic products, totaling 1 months of imports, with the last operation conducted on February 01, 2024.

The company operates as a retail supplier of paving and landscaping materials, catering to domestic, commercial, and industrial clients. Their website showcases a wide range of products, including natural stone, porcelain, aggregates, and composite decking, available for delivery nationwide or collection from their showroom. They even operate a small fleet of grab lorries, eliminating the need for plant hire. The website is very professional and well-designed.

Financially, Stone Affects Paving Supplies Ltd presents a mixed picture. Accumulated depreciation on plant machinery increased by 40%, while vehicles saw a 61% increase, suggesting investment in equipment. However, cash bank on hand decreased by 11% to £21,000, and net assets saw a significant drop, with equity plummeting 610% to -£12,000. Creditors decreased by 6%, which is a good sign, but the substantial loss in equity is concerning. Trade debtors decreased by 20%, which could mean better cashflow management. The company meets the criteria for a small company, with turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. There's no mention of an auditor, which is typical for small companies.

Overall, Stone Affects Paving Supplies Ltd appears to be navigating a challenging financial landscape. While they maintain a strong reputation and offer a wide range of products, the decline in equity suggests they may be burning through cash. The decrease in debtors is a positive sign, but the company will need to carefully manage its expenses to ensure long-term sustainability.

Registered in England/Wales under the registration number 13337686, with a registered address at BS24 6AH, United Kingdom, Weston Super Mare, Somerset, Unit 2a Millhouse Barns, Cowslip Lane.

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