Stonecrest Marble Limited

Stonecrest Marble Ltd from Ilford UK: a small, active company founded 21 years ago, employs 48 people, and holds £3,363,257 in assets. It operates from a virtual address, managed by two directors and a single owner—the solo founder. The company regularly imports ceramic products, with 186 months of import activity recorded, the latest in February 2025.

Stonecrest Marble’s website showcases a wide range of tiles, from porcelain to natural stone, catering to both residential and commercial projects. It emphasizes an "unrivalled choice of colours, finishes and sizes," and positions itself as a leading distributor in the UK. The company highlights its family-run roots and strong relationships with manufacturers worldwide, boasting a large warehouse base in Colchester with next-day delivery service. It even has an in-house design team offering expert advice and custom tile solutions. The website also features a newsletter signup and a trade account application, suggesting a focus on B2B sales. It's clear the company operates an ecommerce site, offering a wide selection of tiles and related products.

Financially, Stonecrest Marble Ltd shows a mixed picture. Net assets decreased by 14%, falling to £1,400,000, while bank borrowings increased by 35%, reaching £290,000. Cash reserves declined by 40%, dropping to £200,000. Creditors, however, decreased by 21%, which could indicate better debt management. The company’s small size (meeting two of three conditions for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows it to remain nimble, but the drop in equity is something to watch. With no auditor mentioned (likely exempt as a small company), the figures are unaudited.

The company’s financial data suggests it’s not burning through money at a startup pace, but it’s not experiencing rapid growth either. The increase in bank borrowings and decrease in cash reserves might be due to increased inventory purchases to meet demand, or perhaps investments in marketing or warehouse expansion. The decrease in creditors could be a positive sign, indicating improved payment terms with suppliers.

Registered in England/Wales under the registration number 04844783, with a registered address at IG2 7BZ, England, Ilford, 480-482 Ley Street.

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