# Stonecrest Marble Limited (04844783)

> Why UK company 04844783 went into administration, from the administrators' statement filed at Companies House, by companydig. Interactive version: https://companydig.co.uk/company/04844783

- **Status:** In administration
- **Administration began:** 2026-03-26
- **Administrators:** Constantinos Pedhiou, Amie Johnson
- **Administrators' firm:** Begbies Traynor
- **Incorporated:** 2003-07-24
- **Location:** Northampton
- **Industry:** 47990 Other retail sale not in stores, stalls or markets

## Why it went into administration

- Property / lease costs
- Management failings / irregularities
- Rising interest rates

## From the administrators' statement

The Company was incorporated on 24 July 2003 and began trading immediately as a distributor in natural stone, porcelain and ceramic tiles, under the directorship of Murat Yurtseven. Bulent Yurtseven, the brother of Murat Yurtseven, was also later appointed a director of the Company in December 2018.

Initially, the Company focused on wholesale business, with turnover and staff numbers improving year on year until turnover of some £4M was being achieved with circa 60-70 employees.

The decision was then taken to also move into the retail business and a separate company, namely Tiles DIY Limited, was also formed for this purpose. Various shops were gradually taken in this Company’s name and the business grew further.

Statement of proposals: https://find-and-update.company-information.service.gov.uk/company/04844783/filing-history/MzUxNjQ5NjkxM2FkaXF6a2N4/document?format=pdf&download=0
Companies House register: https://find-and-update.company-information.service.gov.uk/company/04844783

Contains public sector information from Companies House, licensed under the Open Government Licence v3.0.