Boom Limited

Boom Construction is a small, active company based in Dartford, UK, founded 29 years ago. It employs 39 people and holds £1,100,000 in assets. With a real registered address and five directors, it’s a well-established operation. The company regularly imports building materials and equipment, with 16 months of import activity recorded, the latest in November 2024.

Boom Construction operates as a main contractor delivering construction projects across London and the Home Counties. Its website highlights expertise in social housing, education, sports, health, and commercial sectors, partnering with both private and public sector clients. The company emphasizes a personal service, long-lasting relationships built on trust and reliability, and innovative, commercially sound solutions. It also showcases a commitment to supporting young talent through apprenticeships and management trainee opportunities, and enhancing living and working environments.

Financially, Boom Construction presents a mixed picture. Current assets increased by 73% to £1,900,000, while net assets jumped 350% to £610,000 – a significant improvement. Bank borrowings decreased by 16% to £100,000, and cash reserves grew 81% to £1,500,000. Creditors decreased by 21%, suggesting better debt management. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) helps it remain flexible. The substantial increase in equity is a positive sign, but the increase in trade debtors by 45% suggests a need to monitor customer payments. With no auditor mentioned (likely exempt as a small company), the figures rely on unaudited statements.

In short, Boom Construction is performing well, with strong asset growth and improved cash reserves. Its commitment to quality and people, as highlighted on its website, seems to be translating into financial success. However, it will need to keep an eye on customer payments to ensure continued stability.

Registered in England/Wales under the registration number 03165769, with a registered address at W1F 8RQ, England, London, 27-29 Berwick Street.

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