Boreas Contracts Ltd
- Active
- Small
- 3 years
- 11 employees
- £6,640,364 (cur assets)
- 15m-54m
- Irregular importer
- Regular exporter
- Real address
- 2 directors
- 2 owners
- Family business
- Grimsby
Two conditions of three:
1.Turnover < £10.2 million
2.Balance sheet total < £5.1 million
3.Average number of employees < 50
Field of Operation
Website
Social media
Summary
Boreas Contracts Ltd, based in Grimsby, UK, is a small, active company founded just two years ago. With six employees and £3,195,684 in assets, it operates as a family business with two directors and two owners. The company is a regular exporter of aluminum and aluminum products (4 months exported), but an irregular importer of iron or steel (1 month imported). It provides end-to-end design to installation of durable, hygienic, and high-performance white wall and cladding systems, tailored to enhance any environment.
The company’s website highlights its expertise in composite panels, offering services ranging from design and engineering to project management and maintenance. It caters to various sectors, including construction, data centres, and sterile clean rooms, emphasizing quality, safety, and sustainability. Completed projects are listed, and testimonials are showcased, reinforcing its reputation.
Financially, Boreas Contracts Ltd presents a mixed picture. Current assets have increased by a substantial 69%, reaching £3.2 million, while net assets also grew by 51% to £1.3 million. However, cash bank on hand has decreased by 17%, dropping to £71,000. Trade debtors have risen significantly, up 73% to £3.1 million, which could indicate a reliance on customer payments. Interestingly, creditors have also increased by 81%, reaching £1.9 million, suggesting the company is leveraging credit lines. The number of employees has increased by 83%, from six to eleven, which is a positive sign of growth. Despite these changes, the company remains small, meeting two of the three criteria for a small business: turnover under £10.2 million and assets under £5.1 million. The accounts are unaudited, and no auditor is mentioned, which is typical for small, exempt companies.
The company’s growth in assets and net assets is encouraging, but the increase in both debtors and creditors warrants attention. It's possible that the company is expanding its operations and taking on more credit to fuel growth, but careful management of cash flow will be crucial.
Registered in England/Wales under the registration number 14078075, with a registered address at DN36 4AW, England, Grimsby, Lincolnshire, Blackwood, Wilton Road.
WARNING: The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.
Ports, countries, transport, and price/kg were calculated by CorpSignals; non-official data, may contain errors.
Owners & PSC
-
Individual
- 3 years
- 25%+
-
Resident of United Kingdom
-
Individual
- 3 years
- 25%+
-
Resident of United Kingdom
Managers
-
Individual
- 3 years
-
Resident of United Kingdom
-
Individual
- 3 years
-
Resident of United Kingdom
Last reports
The latest confirmation statement submitted ten months ago.
Last news
-
Unaudited abridged accounts made up to 2025-04-30Download 8 pages pdf report
-
Change of details for Mrs Victoria Parrott as a person with significant control on 2025-10-29Download 2 pages pdf report
-
Registered office address changed from Mccue House Wilton Road Humberston Grimsby Lincolnshire DN36 4AW England to Blackwood Wilton Road Grimsby Lincolnshire DN36 4AW on 2025-10-29Download 1 page pdf report
Importer profile by HS codes
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Import HS codes in detail
Last imported products
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* Warning: Ports, countries, transport, and price/kg were calculated by CorpSignals; non-official data, may contain errors.
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Exporter profile by HS codes
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Last exported products
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* Warning: Ports, countries, transport, and price/kg were calculated by CorpSignals; non-official data, may contain errors.
FAQ about Boreas Contracts Ltd
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