Burmor Construction Limited

Burmor Construction Ltd, based in Market Deeping, UK, is a small holding company with an active status. Founded 23 years ago in 2002, it employs 37 people and holds £6,940,646 in assets. The company, with three directors and one owner, has a real address and a Google rating of 3.0 based on eight reviews. It’s an irregular importer of glass and glassware, with just one month of imports recorded as of May 2022.

The company’s website highlights its work in affordable housing construction, specifically the “Low Road Fenstanton” project, which involves building 94 homes. It also showcases a team of directors, P.S. Burke and L.E. Boekestyn, and emphasizes its commitment to quality and customer service. The website, while professional, doesn’s offer much detail about the company's broader operations beyond affordable housing.

Financially, Burmor Construction Ltd shows some concerning trends. While current assets increased by 46% to £6,900,000, net assets fell by 6.7% to £1,200,000. Bank borrowings jumped by 84%, reaching £180,000, and cash reserves rose dramatically by 630% to £1,100,000. Creditors decreased by 59%, suggesting improved debt management, but the drop in net assets is a point of concern. The company meets the criteria for being a small company, and no auditor is mentioned, so the financial statements are unaudited.

The surge in bank borrowings, while offset by a large increase in cash, could indicate increased investment in projects or a need to finance growth. The decrease in net assets, however, warrants closer examination. While the company’s focus on affordable housing construction seems stable, its financial health requires monitoring.

Registered in England/Wales under the registration number 04427035, with a registered address at PE6 8FD, United Kingdom, Market Deeping, Cambs, Burmor House, Sunderland Road.

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