Bascomb & Drew Ltd.

Bascomb & Drew Ltd, based in Wokingham, UK, is a small, active family business established 24 years ago. With four employees and £912,740 in assets, the company operates from a real address and is overseen by six directors and four owners. It’s a regular importer, specializing in furniture, lighting, and prefabricated buildings – with three months of recent import activity recorded.

The company’s website highlights its focus on specialist building and construction services, transforming homes from initial concept to finished project. It caters to clients in central London and the home counties, undertaking projects ranging from pied-à-terres to multi-room mansions. The website emphasizes a personal involvement throughout the process, combining structural work with decorative finishes. It’s clear that Bascomb & Drew Ltd aims to provide a high-end, bespoke building service.

Financial data reveals a mixed picture. While current assets increased by a healthy 42% to £910,000, net assets decreased by 12% to £350,000. Bank borrowings surged by 170% to £28,000, and cash reserves fell 34% to £140,000. Creditors, however, decreased by 130%, suggesting improved debt management. The company’s size qualifies it as small, meeting two of three conditions: turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. The lack of an auditor mentioned likely means the accounts are unaudited, as is common for small companies.

Overall, Bascomb & Drew Ltd appears to be navigating a period of change. While asset growth is positive, the decrease in equity and increase in borrowing suggests the company is relying more on external financing. It's possible the increase in borrowing is linked to expansion or larger projects, but it’s something to keep an eye on.

Registered in England/Wales under the registration number 04052186, with a registered address at RG40 5PU, Wokingham, Berkshire, Keephatch Farmhouse, Clover Close.

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