Barrier Architectural Services Limited

Barrier Architectural Services Ltd from Wallsend UK is a large company holding company with an active status. Founded 12 years ago in 2012, the company employs five people and holds £12,304,500 in assets. It has a real address, five directors, and one owner. Its Google rating is 4.0 based on five reviews. The company regularly imports iron or steel products (3 months imported) and irregularly exports stone, plaster, cement, and similar material products (1 months exported).

The company operates in the other professional, scientific and technical activities n.e.c. industries, supplying defence, offshore, marine, power, and construction industries. Its website highlights architectural services and a focus on quality workmanship. It’s a supplier to a wide range of sectors, and even has a showroom in Harrods, London.

Financially, Barrier Architectural Services Ltd appears to be growing, but also facing some challenges. Current assets have increased by 59%, reaching £12 million, while net assets have surged by 66%, hitting £6.1 million. However, staff costs have risen dramatically, increasing by 630%, and bank borrowings have increased by 2,400%, reaching £29,000. Cash reserves have fallen 30% to £28,000. Creditors decreased by 18%, suggesting better debt management. The company meets two of three criteria for a large company: turnover over £36 million and balance sheet total over £18 million. The lack of an auditor mentioned (likely exempt as a small company) means the figures rely on unaudited statements.

The company’s growth in staff costs and bank borrowings, alongside a decrease in cash reserves, suggests it may be reinvesting heavily in its operations or facing increased expenses. It’s a complex picture, and whether this is a sustainable growth strategy or a sign of financial strain remains to be seen.

Registered in England/Wales under the registration number 08212201, with a registered address at NE28 6UE, Wallsend, Tyne And Wear, Pearl Buildings Stephenson Street, Willington Quay.

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