Stonelab(uk) Ltd

Stonelab (UK) Ltd is a small, active holding company based in London, UK. Founded three years ago in June 2021, it employs just three people and holds assets totaling £4,321,690. The company has a real registered address and is managed by one director and one owner. Stonelab (UK) Ltd regularly imports and exports jewelry, precious stones, and metals, with 52 months of import activity and 22 months of export activity recorded.

The company’s website, stonelab.co.uk, focuses on stonecare services, including cleaning, polishing, and sealing. It offers a range of services for both domestic and commercial clients, specializing in marble restoration, natural stone cleaning, and external stone cleaning. The site highlights its commitment to quality results and green products, and even offers a video gallery showcasing its work. It seems they are not an e-commerce business, but rather a service provider.

Financially, Stonelab (UK) Ltd presents a mixed picture. While cash and bank holdings increased by 13% to £80,000, net assets declined by 39% to -£20,000, indicating accumulated losses. Creditors increased by 20% to £4.3 million, and trade debtors surged by 85% to £1.5 million—a significant jump that could signal delayed payments or a strategy to offer more credit. 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 declining equity is concerning. The accounts are unaudited, and no auditor is mentioned, which is common for small companies.

Overall, Stonelab (UK) Ltd appears to be navigating a challenging financial landscape. While its stonecare services seem well-regarded, the company’s equity is shrinking, and its reliance on increased credit terms could be a risky strategy. It’s a small business facing pressures, and whether it can sustain its growth remains to be seen.

Registered in England/Wales under the registration number 13479596, with a registered address at EC1N 7RJ, England, London, The Record Hall Office 211, 16-16a Baldwins Gardens.

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