Trade Price Stone Ltd

Trade Price Stone Ltd, based in Harrogate, UK, is a small holding company with an active status, established 18 years ago. Employing nine people and holding £445,967 in assets, it operates from a virtual address, registered at an address shared by 138 other companies. The business is led by one director and one owner, and currently holds a 3.0 Google rating based on three reviews. It regularly imports stone, plaster, and cement products (142 months), but exports irregularly (2 months).

The company’s website showcases a trade-focused business specializing in natural stone. It’s primarily an e-commerce platform, offering slate slabs, stone hearths, wall tiles, and other related products. The site highlights its supply of Brazilian slate and Portuguese limestone, catering to trade professionals, designers, and architects. It also provides bespoke services, including cutting and shaping, and even offers precision cutting services. The website emphasizes quality, competitive pricing, and a wide range of products, suggesting a focus on serving the trade sector.

Financially, Trade Price Stone Ltd shows a concerning trend. Current assets have plummeted by 68%, dropping to £450,000, while net assets have fallen even further, decreasing by 170% to -£47,000. Bank borrowings have increased significantly, reaching £49,000, and cash reserves have declined by 64%, leaving just £140,000. Trade debtors have also taken a hit, decreasing by 91% to £90,000. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for flexibility, but the sharp decline in equity is a red flag. With no auditor mentioned, the unaudited financial statements rely on director-reported data.

Overall, Trade Price Stone Ltd appears to be facing financial challenges despite its established presence in the natural stone trade. While the website suggests a strong focus on customer service and a wide product range, the declining financial metrics raise questions about the company’s long-term sustainability.

Registered in England/Wales under the registration number 05928094, with a registered address at HG3 1GY, England, Harrogate, North Yorkshire, 3 Greengate Cardale Park.

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