Act Developments London Limited

Act Developments London Ltd, based in London, UK, is a small, family-run company with an active status. Founded twelve years ago in 2012, it employs twenty-five people and holds £4,397,653 in assets. The company has two directors and two owners, and boasts a perfect 5.0 Google rating based on four reviews. It’s an irregular importer, primarily dealing in furniture, lighting, and prefabricated buildings, with its last import operation recorded over two years ago in January 2022.

The company’s website reveals it’s a high-end residential contractor specializing in construction, refurbishment, extensions, and bespoke interiors. They cater to London’s most prestigious homes, offering services from large-scale structural works to aftercare maintenance plans. Their portfolio showcases impressive projects, including transformations of Grade II listed buildings, full-scale renovations of townhouses, and bespoke stairwell redesigns. The website also features an “Inspiration Hub” with case studies and company news, and a careers section highlighting opportunities for skilled craftspeople.

Financially, Act Developments London Ltd presents a mixed picture. While current assets remained relatively stable at £4.4 million, net assets declined by 1.8% to £1.8 million. Bank borrowings remained constant at £330,000, but cash reserves took a significant hit, plummeting 32% to £2.2 million. Trade debtors increased dramatically by 110%, reaching £2.1 million, which could indicate a shift in payment terms or increased sales on credit. Creditors also rose by 15%, reaching £3.2 million. The company’s average number of employees increased by 56%, reaching 39, which might be a result of increased workload. As a small company meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees, it’s likely exempt from an audit.

The sharp decline in cash reserves, despite stable current assets, suggests the company may be burning through money quicker than anticipated. The increase in trade debtors could also be a cause for concern, potentially indicating difficulties in collecting payments. It's possible the company is investing heavily in projects or expanding its workforce to meet demand, but the financial data warrants closer monitoring.

Registered in England/Wales under the registration number 08312799, with a registered address at W6 0LJ, England, London, 9 Glenthorne Mews, 115a Glenthorne Road.

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