Suttle Projects Limited

Suttle Projects Limited, based in Swanage, UK, is a large, holding company with an active status. Founded 16 years ago in 2008, it employs 56 people and boasts £3,156,941 in assets, generating a yearly revenue of £11,292,282. The company is overseen by five directors and has three owners, and currently holds a Google rating of 4.0 based on three reviews. It’s an irregular importer of ships, boats, and floating structures, with recent activity in June 2024.

Suttle Projects Limited operates in the construction of other civil engineering projects, and is a family-run business in Dorset, operating since the 1930s. It’s renowned for supplying high-quality Dorset limestone, aggregates, and decorative materials from two key locations: Swanworth Quarry in Worth Matravers and California Quarry in Swanage. Additionally, it has a Stone and Recycling Depot near Tower Park in Poole. The company’s website highlights its Easter bag sale, offering 20% off bagged materials, and features a range of products including decorative chippings, crushed limestone, and gabion baskets.

Financially, Suttle Projects Limited shows some interesting trends. Property, plant, and equipment increased by 7.5%, while depreciation expenses rose by 21%. Administrative expenses remained relatively stable. However, bank borrowings decreased significantly by 32%, and cash reserves fell by 42%. Creditors also decreased, suggesting improved debt management. Turnover increased by 24%, but net assets decreased by 27%, which is a concerning trend. The company’s size – meeting two of three criteria to be considered large – means it’s not required to have an external audit. The lack of an auditor means the figures are unaudited, and the decrease in net assets raises questions about its long-term financial health. The company’s irregular import activity suggests a fluctuating revenue stream, and the decrease in cash reserves could be a sign of increased spending or delayed payments.

Registered in England/Wales under the registration number 06734695, with a registered address at BH19 3LE, Swanage, Dorset, Swanworth Quarry, Worth Matravers.

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