Adroit Bros Ltd

Adroit Bros Ltd is a small, holding company based in Harrow, UK, with an active status. Founded five years ago in May 14, 2019, the company employs three people and holds £13,307 in assets. It operates from a real address and is managed by three directors, with one owner. The company regularly imports wood and wood products, with ten months of import activity recorded, the latest in January 1, 2024. It has exported none for just one month, January 1, 2021.

The company's website, adroitbrothers.com, showcases a construction business specializing in residential and commercial projects. It highlights services like bespoke new build homes and exclusive developments, emphasizing a client-focused approach. The site also features a portfolio of completed projects, including residential estates and individual homes, and even lists its clients. The company's "The Adroit Difference" section stresses proactive engagement and building long-lasting value.

Financially, Adroit Bros Ltd presents a concerning picture. Current assets have plummeted by a staggering 98%, dropping to just £13,000, while net assets have sunk into negative territory at -£260,000. Cash reserves have also evaporated, falling 87% to a mere £410. Bank borrowings, however, have decreased by 31%, and creditors have also decreased by 31%. The company meets two of three conditions to be considered small (turnover under £10.2m, assets under £5.1m, and fewer than 10 employees), but the dramatic decline in equity and cash is a significant red flag. The lack of an auditor is typical for a small company, and the accounts are described as "filleted."

In short, Adroit Bros Ltd appears to be burning through money. While its construction business seems active, the financials suggest a company struggling to maintain its financial health. The sharp decline in equity and cash, combined with the lack of cash reserves, raises serious concerns about its long-term viability.

Registered in England/Wales under the registration number 11994437, with a registered address at HA3 6AA, England, Harrow, 678 Kenton Lane.

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