Superior Stone Limited

Superior Stone Ltd, based in Stanmore, UK, is a small, family-run business with an active status, celebrating 25 years in operation. Employing ten people and holding £607,128 in assets, it’s a tight-knit operation with two directors and two owners. The company operates from a virtual address, which is a bit odd, as 172 other companies are registered at the same location.

Superior Stone Ltd is a regular importer and exporter, bringing in stone, plaster, cement, and similar materials for four months and exporting them for three. Their website doesn't give much information, but they seem to focus on cutting, shaping, and finishing stone, plus other construction installation work.

Financially, things are a little concerning. Current assets have plummeted by nearly half, dropping from £1.1 million to £610,000. Net assets have also taken a hit, falling by 46% to £410,000. Cash reserves have vanished almost entirely, decreasing by a staggering 100% to just £1. Bank borrowings have increased, and creditors have also risen, suggesting the company is relying more on credit. On the plus side, trade debtors have remained relatively stable. As a small company (meeting two of three criteria), it’s exempt from an audit, so the figures are unaudited.

The sharp decline in assets and cash, coupled with increased borrowing, suggests Superior Stone Ltd is burning through money. It’s possible that the recent import activity has tied up cash, or that sales haven't kept pace with expenses. While the family ownership and long history provide stability, the company needs to address these financial pressures to ensure its long-term viability.

Registered in England/Wales under the registration number 03771221, with a registered address at HA7 2DT, England, Stanmore, Middlesex, 2 Mountside.

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