Al2builder Ltd

Al2builder Ltd from St Albans UK: a small, active company founded three years ago, employs three people, and holds £63,642 in assets. With two directors but no listed owners, it maintains a perfect 5.0 Google rating based on three reviews. The company is an irregular importer of furniture, lighting, and prefabricated buildings, with just one month of import activity recorded as of August 2023.

The company’s website showcases a range of building services, including new builds, home extensions, basement conversions, and renovations. It operates as a family-owned business, offering services throughout London. The site highlights expertise, free consultations, and a commitment to delivering projects on time and within budget. It’s clear Al2builder Ltd is focused on residential construction and renovation, catering to homeowners looking to improve their properties. They have a tab to navigate through the menu items, which is a nice touch.

Financially, Al2builder Ltd presents a mixed picture. Current assets have decreased by 45% to £64,000, while net assets have plummeted 97% to a mere £610. Cash reserves have also fallen significantly, dropping 61% to £34,000. Trade debtors have remained relatively stable, but creditors have decreased by 29%, suggesting some improvements in managing short-term liabilities. 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 agility, but the sharp decline in equity raises concerns. With no auditor mentioned (likely exempt as a small company), the figures are unaudited.

The company’s financial data indicates a possible cash burn. While the business appears to be actively securing projects and maintaining a positive reputation, the decrease in net assets suggests it’s relying on credit or reinvesting profits back into the business. The lack of retained earnings is a little worrying, but it’s not necessarily a sign of impending doom—it could simply reflect a period of rapid growth and investment.

Registered in England/Wales under the registration number 13433406, with a registered address at SW11 3GS, United Kingdom, London, 51 Voyager House 6 Bridges Court Road.

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