Thomas Group (marble & Granite) Limited

Thomas Group Marble And Granite Ltd from Manchester UK: small company, active status, founded 78 years ago, 27 employees, £2,791,421 assets, real address, 2 directors, 1 owner, google rating 4.0 based on 5 reviews. Regular importer of stone, plaster, cement, and similar material products (94 months imported). It’s a long-standing family business, established over 70 years ago, and now operating across four generations. The company specializes in supplying natural and engineered stone to professionals, including architects, interior designers, kitchen and bathroom retailers, and fabricators, scouring the world for the finest materials. They even have a showroom in Harrods, London.

The company’s website, The Surface Collection, showcases a wide range of materials—marble, limestone, slate, quartz, concrete, and more—available in various finishes and styles. They cater to both residential and commercial projects, offering everything from slabs and tiles to sinks and panels. The website also features a blog, a customer warranty section, and a professional area for architects and stonemasons. They even offer viewing appointments.

Financially, Thomas Group Marble And Granite Ltd presents a mixed picture. While current assets remained relatively stable at around £2.8 million, net assets decreased by 1%, settling at £740,000. Bank borrowings increased significantly, rising by 39% to £280,000. Creditors also increased, rising by 6.3% to £2.3 million. However, cash reserves saw a substantial jump, increasing by 120% to £150,000. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) helps it stay agile, but the increase in bank borrowings suggests a need for careful cash flow management. With no auditor mentioned (likely exempt as a small company), the figures rely on unaudited statements.

The company's employee numbers have increased, with 36 employees reported for the year, a 33% increase from the previous year. This could be a sign of growth, but it also means increased payroll expenses. The company's focus on importing materials, with 94 months of import activity, suggests a reliance on external suppliers and potential exposure to currency fluctuations. Overall, Thomas Group Marble And Granite Ltd appears to be a resilient business with a strong reputation, but it faces challenges in managing its finances and adapting to changing market conditions.

Registered in England/Wales under the registration number 00425577, with a registered address at M41 9AP, Manchester, 38 Higher Road, Urmston.

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