Blockworks Group Ltd

Blockworks Group Ltd, based in Worcester, UK, is a small holding company with an active status, established twelve years ago in 2013. Employing twenty-one people and boasting a real address at Pitmaston House, Malvern Road, it's managed by two directors and one owner. The company irregularly imports toys, games, and sports equipment, with the most recent import activity occurring two months ago in December 2024.

The company's website, Blockworks, primarily showcases building projects and upcoming developments, suggesting a focus on construction and property. It also features a "Build CV" section, hinting at recruitment or a portfolio of completed projects. The site’s address, WR2 4LL, matches the registered address, reinforcing its legitimacy.

Financially, Blockworks Group Ltd presents a mixed picture. While cash reserves increased significantly by 120% to £33,000, net assets declined by 24% to £700,000. Bank borrowings decreased slightly, but creditors saw a substantial rise of 53% to £1.9 million. Trade debtors also fell, suggesting better collection practices. The company’s size – meeting two of three criteria for a small company – allows for flexibility, but the decrease in equity warrants attention. The lack of an auditor mentioned, likely due to its small size, means these are unaudited figures. Property, plant, and equipment saw a decline, particularly in plant machinery, which could indicate a shift in focus or investment. The company’s turnover is not available, but the decrease in assets and increase in liabilities suggests a need to manage cash flow carefully.

Registered in England/Wales under the registration number 08427894, with a registered address at WR2 4ZG, Worcester, Pitmaston House, Malvern Road.

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