Bancroft Limited

Bancroft Ltd from London UK: a large company, holding company, active status, founded 31 years ago, 107 employees, £34,122,462 assets, yearly revenue: £59,616,571, real address, 7 directors, 2 owners, google rating 4.0 based on 7 reviews. It's an irregular importer of furniture, lighting, and prefabricated buildings (1 months imported).

Bancroft Limited operates as a mechanical, electrical, and public health services specialist, providing complete project delivery. The company’s website highlights its expertise in mechanical and electrical services installation within London and the South East of England. They offer multidisciplinary or single-discipline services and boast an in-house design ability, offering a design and build solution. A key differentiator is the presence of a Health Safety Director on the board, emphasizing their commitment to safety. The company also supports the FORS scheme.

The company’s website suggests a focus on providing comprehensive mechanical and electrical solutions for construction projects. They offer services ranging from design and installation to ongoing maintenance. It seems they are not an e-commerce business, but rather a service provider working directly with clients.

Financially, Bancroft Ltd presents a mixed picture. While current assets increased by a healthy 32% to £34 million, net assets remained relatively stable at £32 million. However, bank borrowings decreased significantly by 100% to zero, and cash reserves also dropped by 3.7% to £3 million. There was a notable increase in administrative expenses, rising by 13% to £8.2 million. The company’s large size (meeting two of three conditions for a large company) suggests it’s a well-established player in its sector. The audit firm, Haslers, conducted the audit. The accounts are audited.

The sharp increase in administrative expenses, while concerning, could be due to investments in staff or infrastructure to support growth. The decrease in cash reserves, despite the increase in current assets, may indicate increased investment in working capital or expansion projects. The absence of significant bank borrowings suggests the company is managing its debt effectively. Overall, Bancroft Ltd appears to be a financially stable, but potentially growing, business.

Registered in England/Wales under the registration number 02907123, with a registered address at E14 9GE, England, London, 32 Harbour Exchange Square, Harbour Island.

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