Stone World Limited

Stone World Ltd, based in Kendal, UK, is a small, active company established 23 years ago. Employing 37 people, the company holds £1,096,051 in assets and boasts a Google rating of 4.0 from 12 reviews. It operates from a real address and is managed by two directors and two owners. The company is a regular importer, specializing in stone, plaster, cement, and similar materials, with 11 months of import activity recorded.

Stone World Ltd is a leading supplier of quartz, granite, porcelain, Corian, TriStone, and marble to major kitchen manufacturers, developers, architects, businesses, and the general public, both in the UK and abroad. The company offers a full range of stone worktops, tiles, flooring, and cladding for restaurants, hotels, bars, and private dwellings. Clients include prestigious names like Manchester United Football Club and Costa Coffee. The company has invested £1.5 million into technologically advanced machinery and is an approved fabricator for Compac, Caesarstone, and Silestone.

Financially, Stone World Ltd shows some concerning trends. Accumulated depreciation on plant machinery increased by 27%, while depreciation on vehicles decreased by 12%. Bank borrowings decreased by 50%, but bank overdrafts increased by 28%. Cash reserves plummeted 66%, and current assets decreased by 19%. Trade debtors increased by 4.8%, and equity decreased by 95%. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) may help it remain flexible, but the sharp decline in equity warrants further investigation. The company’s average number of employees has also fallen by 19%, which could be related to the financial challenges. With no auditor mentioned, the figures are unaudited.

Registered in England/Wales under the registration number 04374715, with a registered address at LA9 6LZ, Kendal, Cumbria, Mintsfeet Road North, Mintsfeet Industrial Estate.

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