Singhs Builders (london) Limited

Singhs Builders London Ltd from London UK: a small, active company founded nine years ago, employs seven people, and holds £2,250,445 in assets. It's a solo-founded operation with one director and owner, operating from a real address. The company regularly imports aluminum and aluminum products, with twelve months of import activity recorded.

The company describes itself as a "No. 1 Construction Company Driven by Quality, Tradition inspired by Innovation." Its website showcases a wide array of services, from construction and renovation to architecture, 3D modelling, and waste management. It appears to be primarily a service-based business, catering to both residential and commercial clients, with a strong emphasis on quality craftsmanship and project management. There's a clear effort to build trust through testimonials and showcasing a team of experienced professionals, including a CFO and COO. The site also highlights a commitment to sustainability and a focus on delivering projects on time and within budget.

Financially, Singhs Builders London Ltd presents a mixed picture. While current assets increased by 45% to £2,300,000, bank borrowings surged by 2,400%, reaching £29,000. Cash reserves fell 90%, leaving just £950. Trade debtors ballooned by 110%, suggesting potential issues with customer payments, and creditors increased by 57% to £1,600,000. Despite these pressures, retained earnings grew by 20% to £670,000. 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 remain flexible, but the significant increase in debt raises concerns. With no auditor mentioned (likely exempt as a small company), the figures rely on unaudited statements.

The company’s focus on a wide range of construction services, combined with the recent financial strain, suggests a period of rapid expansion or perhaps a challenging economic climate. It’s clear that Singhs Builders London Ltd is working hard to maintain its reputation for quality and professionalism, but the financial data indicates a need for careful management and a focus on improving cash flow.

Registered in England/Wales under the registration number 09954167, with a registered address at E4 9HH, England, London, 472 Larkshall Road, Olive Tree Centre.

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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