Yorkstone U.k. Limited

Yorkstone Uk Ltd, based in Manchester, UK, is a small, active company founded six years ago in 2018. Despite its age, the business is facing some challenges, with accounts overdue for three years and confirmation overdue for a year. It employs just one person and holds a modest £106 in assets. The company is led by a single director and owner, who is also the solo founder, and maintains a real registered address. It has a respectable Google rating of 4.0 based on three reviews.

The company operates in several industries, including mining and quarrying, retail via mail order and internet, and landscape services. Its website, Yorkstone Paving, highlights a focus on supplying high-quality, durable stone products, dug, cut, and carved right here in Yorkshire. They emphasize supporting British workers and industry, offering a wide range of sizes and bespoke cuts, and pride themselves on the fine-grained nature of their stone compared to standard gritstone. The site also features a section on piano restoration, suggesting a diversification of business interests.

Financially, Yorkstone Uk Ltd presents a concerning picture. Cash bank on hand has plummeted by a staggering 93%, falling from £1,500 to just £110. Current assets have also seen a dramatic drop, decreasing by 95% to £110. Equity is deeply in the red, with a loss of £18,000. While creditors remain relatively stable, and other taxation social security payable has increased by 39%, the sharp decline in cash reserves and the negative equity suggest the company is burning through money. The company's small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) means it avoids an audit, relying on unaudited statements.

It's clear that Yorkstone Uk Ltd is struggling financially, despite its focus on quality and British craftsmanship. The diversification into piano restoration may offer potential, but the company needs to address its cash flow issues to ensure its long-term survival.

Registered in England/Wales under the registration number 11352432, with a registered address at CF14 8LH, Cardiff, 11352432 - COMPANIES HOUSE DEFAULT ADDRESS.

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