Biaw Property Management Ltd

Biaw Property Management Ltd, based in London, UK, is a small, active company founded four years ago in 2020. Employing just three people, it holds a real registered address and is overseen by one director and two owners. The company is an irregular importer, with its top import category being furniture, lighting, and prefabricated buildings, totaling two months of imports, the last operation conducted on July 01, 2022.

The company operates in the buying and selling of own real estate, and the other letting and operating of own or leased real estate. Its website, BIAW Support Services, focuses on providing supported living for young adults with various challenges, including learning disabilities, mental health issues, and those experiencing domestic or sexual violence. It offers respite care, supported living, and outreach services, emphasizing a person-centered approach and high-quality care. The site also advertises a 24/7 support line and a physical address in Covent Garden.

Financially, Biaw Property Management Ltd presents a concerning picture. Net current assets and liabilities have increased dramatically, jumping from -£920 to -£8,800—a significant swing. Cash reserves are almost non-existent, and bank borrowings have increased. Trade debtors have also decreased. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for agility, but the substantial equity drop is a red flag. With no auditor mentioned, the figures are unaudited.

While the supported living service appears to be active and focused on vulnerable individuals, the financial data suggests the company is burning through money. The lack of employees, coupled with the negative equity, raises questions about its long-term sustainability. It’s clear that Biaw Property Management Ltd needs to address its financial challenges to ensure it can continue providing vital services.

Registered in England/Wales under the registration number 12862392, with a registered address at SE23 2EA, United Kingdom, London, 50 Farren Road.

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