Beon Constructions Ltd

Beon Constructions Ltd, based in London, UK, is a small, active company founded four years ago. With a single employee and £40,233 in assets, it operates from a virtual address shared by many other businesses, a fact that raises some questions. The company is led by one director and owner, Rizov Martin. It’s an irregular importer, primarily dealing with ceramic products, with its last import operation recorded two months ago in April 2024.

The company’s website is non-existent, making it impossible to gauge its online presence or sales strategy. It’s clear that Beon Constructions Ltd is involved in the development of building projects, construction of domestic buildings, plumbing, heat and air-conditioning installation, and construction of commercial buildings.

A review of the company’s financial data reveals a concerning trend. While the company’s average number of employees increased by 100% to two, its net assets have plummeted by a staggering 100% to just £1. Current assets have also seen a significant drop, falling 46% to £40,000. Bank borrowings have increased by 6.4%, and cash reserves have plummeted 78% to £14,000. Trade debtors have increased by 140%, suggesting a reliance on customer payments, while creditors have decreased by 6.4%. The company’s small size (meeting two of three criteria for a small company) allows for agility, but the dramatic decline in equity is a red flag. No auditor is mentioned, meaning the accounts are unaudited.

The company’s financial situation suggests it’s burning through money, possibly due to increased costs or slow-paying customers. The reliance on a virtual address, combined with the financial strain, warrants further investigation into Beon Constructions Ltd’s long-term viability.

Registered in England/Wales under the registration number 13142118, with a registered address at N1 7GU, England, London, 20-22 Wenlock Road.

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