A.b. Building Products Limited

A.b. Building Products Limited, based in Andover, UK, is a small, active company established 36 years ago in 1988. It employs ten people and holds £701,832 in assets, operating from a virtual address—a detail worth noting as nineteen companies share the same address. The business is led by four directors, with Richmond John Nicholas as the sole owner and solo founder, and it runs an e-commerce site offering a wide range of building materials. The company regularly imports machinery, boilers, and mechanical appliances, parts, for nine months, with the last import in February 2025. It also exports wood and wood products, also for nine months, with the last export in August 2024.

The website showcases a diverse catalog, from shower wall panels and composite decking to fire-rated products and expanding foam. It’s clear A.b. Building Products is targeting both trade professionals and DIY enthusiasts, offering specialist products and solutions. The site is well-organized, with clear product categories and helpful resources, including a decking board calculator—a nice touch.

Financially, A.b. Building Products Limited presents a mixed picture. While cash reserves have plummeted 95%, falling to just £6,000, total assets have also decreased by 10%, settling at £700,000. Bank borrowings have increased significantly, rising 59% to £80,000, and net current assets have fallen by 25% to £260,000. Creditors have decreased by 67%, which is a positive sign, but the substantial drop in cash reserves is concerning. The company meets the criteria for a small business, with turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. No auditor is mentioned, which is common for small, exempt companies.

The company’s reliance on imports, particularly for machinery, could be a vulnerability given current global supply chain conditions. However, the diverse product range and strong online presence suggest a business with potential. It’s possible the company is investing in growth, which would explain the increased borrowings and lower cash reserves—though it’s important to monitor these trends closely.

Registered in England/Wales under the registration number 02313765, with a registered address at SP10 4DU, United Kingdom, Andover, Hampshire, Kingsgate House North Wing, Ground Floor, Newbury Road.

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