Bonars Construction Ltd

Bonars Construction Ltd, based in Wallington, UK, is a small, active company founded 14 years ago. With a single employee and £49,646 in assets, it’s a lean operation led by one director and owner. The company boasts a perfect 5.0 Google rating based on one review, and regularly imports furniture, lighting, and prefabricated buildings—most recently in November 2023.

The company’s website showcases a range of construction services, from property refurbishments and extensions to new builds and basement excavations. They cater to highend projects throughout London, emphasizing design, quality, and customer service. The site highlights a "Bonars Philosophy" centered around exciting construction ideas and full-service capabilities, promising care for detail and style. They even offer bespoke joinery, creating unique furniture with passion.

Financially, Bonars Construction Ltd presents a mixed picture. Cash bank on hand has dramatically fallen by 93%, leaving just £4,800. Bank borrowings have also decreased by 29%, reaching £24,000. Creditors have increased significantly, jumping 300% to £130,000, and net assets have plummeted 370% to -£92,000. While trade debtors remained steady, the significant drop in equity raises concerns. The company meets the criteria for a small company—with turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees—and is exempt from an audit, relying on unaudited accounts.

Despite the financial pressures, Bonars Construction Ltd appears to be maintaining a strong reputation through its website and customer reviews. The company's focus on highend projects and bespoke joinery suggests a commitment to quality, but the declining equity and cash reserves warrant close attention.

Registered in England/Wales under the registration number 07497936, with a registered address at SM6 7NR, England, Wallington, 358 Croydon Road.

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