Base Structures Uk Ltd

Base Structures UK Ltd, based in Bridgwater, UK, is a small, active company founded twelve years ago in 2012. With twelve employees and £1,188,249 in assets, it operates from a virtual address—a fact confirmed by the presence of 510 other companies registered at the same location. The company is led by four directors and owned by three individuals, although the list of owners was changed eight years ago.

The business specializes in tensile fabric structures, canopies, and facades, offering bespoke solutions for a range of clients, from schools and zoos to touring events and city dressing projects. Its website showcases impressive installations, including a fabric sail structure for a Disney venue in Saudi Arabia and a large-scale weather screening project at Harwell Campus. The company also imports furniture, lighting, and prefabricated buildings, although only for a single month out of the last twelve, and exports iron or steel products regularly, with eleven months of export activity recorded.

Financially, Base Structures UK Ltd presents a mixed picture. While current assets increased by 63% to £1.2 million, net assets only rose by 10% to £610,000. Bank borrowings surged by 230%, reaching £580,000, and trade debtors ballooned by 170%, suggesting potential issues with customer payments. Cash reserves fell by 37%, to £240,000. Despite these challenges, the company's small size—meeting two of three criteria for a small company—allows for flexibility. The lack of an auditor mentioned likely reflects its exemption as a small company, meaning the figures are unaudited.

The significant increase in creditors, alongside the rise in debtors, suggests the company may be relying more heavily on credit to fund its operations. It's possible that recent project expansions, as highlighted on its website, have contributed to these increased costs. While the company’s impressive portfolio demonstrates its expertise and reputation, the financial data indicates a need for careful management of cash flow and working capital.

Registered in England/Wales under the registration number 08299940, with a registered address at TA6 3YF, United Kingdom, Bridgwater, Somerset, 4 King Square.

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