Touchstone Worktops Limited

Touchstone Worktops Ltd, based in London, UK, is a small, active company established 28 years ago. With 16 employees and £306,469 in assets, it’s a well-established player in the stone worktop industry. The company, owned by Rocha Carlos Alberto Assuncao and Simmons Timothy John, boasts a stellar 5.0 Google rating from 88 reviews and operates from a real address in London. It regularly imports stone, plaster, cement, and similar materials, with its last import activity recorded three months ago.

The company’s website highlights its focus on kitchen, bathroom, tile, and worktop solutions, offering a diverse range of natural and engineered stone options. It emphasizes personalized service, from initial quotes to precise installations, and showcases its skilled stone masons who create bespoke, hand-finished products. The site also features a showroom and positions itself as a renovation partner, collaborating with manufacturers to ensure stress-free experiences for customers. It even has a blog with useful information.

Financially, Touchstone Worktops Ltd presents a mixed picture. While cash reserves decreased by 4.3% to £27,000, trade debtors increased by 2.2% to £130,000, which could indicate a growing customer base. However, net assets declined by 44% to £21,000, and net current assets plummeted 25% to -£130,000—a concerning trend. Creditors also increased significantly by 110% to £280,000, suggesting increased reliance on short-term financing. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for agility, but the decline in equity warrants attention. No auditor is mentioned, so the figures are unaudited.

Overall, Touchstone Worktops Ltd appears to be navigating a period of change. While its strong customer reviews and skilled craftsmanship suggest a solid foundation, the financial data indicates a need for careful management and a focus on improving profitability.

Registered in England/Wales under the registration number 03366377, with a registered address at RG1 2AN, Reading, Berkshire, Unit 8, The Aquarium Building, King Street.

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