Bridges Property Limited

Bridges Property Limited, based in London, UK, is a small, active company founded eight years ago in 2017. With £164,043 in assets and a real registered address, it's a family-run business with two directors and two owners. The company boasts a stellar 5.0 Google rating from 302 reviews, indicating high customer satisfaction. It operates as an irregular importer, primarily dealing with iron or steel products, with its last import activity recorded one month ago in December 2023.

Bridges Property Limited specializes in the development of building projects, the construction of domestic buildings, and the construction of commercial buildings. Its website, while not providing extensive details, suggests a focus on property development and construction services. It’s a tight-knit operation, with the directors, John Kevan and Lee John, also serving as the owners.

Financially, Bridges Property Limited presents a mixed picture. Current assets increased by 27% to £160,000, while net assets declined significantly, dropping 150% to -£2,000. Bank borrowings decreased slightly by 3%, settling at £340,000, and cash reserves grew by 26% to £14,000. Creditors decreased by 5%, suggesting improved 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) allows for flexibility, but the drop in equity is concerning. No auditor is mentioned, likely due to its small size and exemption from an audit.

Overall, Bridges Property Limited appears to be navigating a period of change. While customer reviews are positive and asset growth is present, the negative equity and fluctuating creditor levels suggest a need for careful financial management. The company’s future success will likely depend on its ability to maintain customer satisfaction while addressing these financial challenges.

Registered in England/Wales under the registration number 10626624, with a registered address at N1 7GU, England, London, 20-22 Wenlock 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.