Stonerite Ltd

Stonerite Ltd, based in Caerphilly, UK, is a small, active company founded 18 years ago. With seven employees and £405,775 in assets, it’s a well-established operation led by two directors and a solo founder. The business enjoys a stellar 5.0-star Google rating based on 17 reviews, a testament to its customer service. Stonerite Ltd specializes in importing machinery, boilers, and mechanical appliances, with a recent import activity recorded just one month ago in September 2019.

The company’s website highlights its expertise in stone worktops, particularly engineered modern stone fabrication. Operating from a 12,000 sq ft warehouse, Stonerite Ltd supplies and fits stone worktops of varying thicknesses, catering to both residential and commercial clients. It also imports its own stone in a wide range of colours, alongside established brands like Silestone, Compac, and Caesarstone. The website offers a sample request form and a callback option, demonstrating a focus on customer accessibility. They also have a portfolio showcasing bespoke designs and emphasize a seamless manufacture and installation process.

Financially, Stonerite Ltd shows a mixed picture. Current assets have increased by 10% to £410,000, while net assets rose by 3.5% to £560,000. Bank borrowings decreased by -9.7% to £190,000, and cash reserves increased by 23% to £140,000. Creditors decreased by -14%, suggesting improved debt management. However, advances to directors increased significantly by 280%, reaching £35,000. 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 for agility, but the increased advances to directors warrant further investigation. As a small company, Stonerite Ltd is exempt from an audit, so the figures rely on unaudited statements.

Overall, Stonerite Ltd appears to be a stable, albeit small, business navigating a competitive market. The company's focus on quality stone worktops and customer service, combined with its financial performance, suggests a solid foundation for future growth.

Registered in England/Wales under the registration number 06199291, with a registered address at CF83 8DW, Wales, Caerphilly, Mid Glam, Unit 8a Greenway Bedwas House Ind. Est., Bedwas.

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