Stonepack Ltd

Stonepack Ltd, based in Forfar, UK, is a sizable family business established nineteen years ago. The company, currently active, employs thirty-three people and generates an impressive £14,206,684 in yearly revenue. It’s registered at a real address and overseen by four directors and two owners, with a strong emphasis on its family roots. Stonepack operates as a regular importer, specializing in materials like salt, sulphur, earths, stone, plaster, lime, and cement—with imports spanning nine months, the most recent in July 2024. The company’s core business involves acting as agents for the sale of timber and building materials, alongside managing gravel and sand pits, and mining clays and kaolin.

Stonepack’s website showcases its role as a wholesale distributor to the building trade, offering a wide range of decorative gravels, sands, and aggregates. It doesn’s open to the public, focusing on supplying trade customers. The company is a leading supplier of multifunctional renders, dry dashing spars, and aggregates, with a particular emphasis on pre-packed products and a commitment to quality presentation and delivery. They even offer full specification and sample services to architects and trade professionals.

Financially, Stonepack Ltd presents a mixed picture. While turnover remained stable, net assets decreased by 17%, and bank borrowings increased by 35%. However, the company’s cash and cash equivalents saw a significant jump of 25%, suggesting improved liquidity. Administrative expenses also rose by 10%, reflecting potential investments in operations. Despite these fluctuations, Stonepack's size—meeting two of three conditions for a large company—indicates a robust operation. The lack of an auditor mentioned suggests the company is exempt from an external audit, relying on internal financial controls.

Overall, Stonepack Ltd appears to be a well-established player in the building materials sector, navigating the challenges of a competitive market with a focus on quality, service, and family ownership. The company's financial performance suggests a period of adjustment, but its strong market position and operational expertise position it for continued success.

Registered in Scotland under the registration number SC296727, with a registered address at DD8 3DX, Forfar, Angus, Whinneyknowe, Old Brechin Road.

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