2nd Generation Facades Ltd

2nd Generation Facades Ltd from Pontyclun UK: a small, active company founded seven years ago, employs twelve people, and holds £5,128,319 in assets. It's a real address, managed by one director and one owner, and currently has a 3.0 Google rating based on just two reviews. The company irregularly imports machinery, boilers, and mechanical appliances parts, with the last import operation occurring one month ago in September 2020. It operates within the other specialised construction activities n.e.c. industries.

The company’s website is not available, so it’s difficult to determine if it operates an e-commerce platform or relies solely on business-to-business sales. The lack of a visible online presence suggests a focus on direct client relationships and project-based work.

Financially, 2nd Generation Facades Ltd presents a mixed picture. Creditors have risen significantly by 120%, reaching £4,200,000, while debtors have increased dramatically by 270%, now at £3,400,000. Cash reserves, however, have surged by 1300%, reaching £840,000—a very positive sign. Bank borrowings have also decreased, although they are now at £11,000. 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 large increase in both creditors and debtors could indicate a period of rapid growth or potential cash flow challenges. There is no auditor mentioned, likely due to its small size. The company’s net assets have increased by 78%, reaching £970,000.

The substantial increase in both creditors and debtors, coupled with the strong cash position, suggests that the company may be investing heavily in projects or expanding its operations. It’s possible that the increase in debtors reflects delayed payments from clients, or that the company has extended credit terms to secure new contracts. The rise in creditors could be due to increased material costs or supplier payments.

Registered in England/Wales under the registration number 10871202, with a registered address at CF23 9AF, United Kingdom, Cardiff, Unit 3 Rhymney River Bridge Road.

WARNING: The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.
Ports, countries, transport, and price/kg were calculated by CorpSignals; non-official data, may contain errors.