Castlemere Construction Ltd

Castlemere Construction Ltd, based in Windsor, UK, is a small, active company founded four years ago. It employs just two people and holds £311,698 in assets, operating from a real address. With two directors and two owners, the company is a relatively small operation. Accounts are currently overdue by three months. It’s an irregular importer, bringing in furniture, lighting, and prefabricated buildings, with the last import activity recorded two months ago.

The company’s website, Castlemere Developments, showcases a focus on developing high-quality, affordable homes. It highlights a mission to transform underutilized rooftop and land into desirable accommodation, particularly focusing on penthouse-style living using modern, modular construction methods. This approach aims to significantly reduce construction time – just three months compared to the traditional 12 – while delivering a higher-quality product. The website also features a “Keep In Touch” section, encouraging engagement and showcasing contact details.

Financially, Castlemere Construction Ltd presents a mixed picture. While current assets remain relatively stable at £310,000, net assets have dramatically decreased by 360%, settling at -£76,000. Bank borrowings have also increased, although the exact figure isn’t clear. Cash reserves have fallen by 66%, dropping to £3,200. Creditors have seen a significant change, rising by 250% to £390,000. The company’s small size—meeting two of three conditions for being considered small—allows for agility, but the substantial equity decline suggests financial pressure. No auditor is mentioned, likely due to the company’s small status and exemption from an audit.

It appears Castlemere Construction Ltd is navigating a period of financial strain, despite its focus on innovative construction methods and affordable housing. The rapid decrease in equity and the increase in creditors suggest the company may be burning through cash, but it’s too early to say definitively.

Registered in England/Wales under the registration number 12704842, with a registered address at SL4 3EZ, England, Windsor, Claremont House, 70-72 Alma Road.

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