Cleveden Homes Limited

Cleveden Homes Limited, based in Glasgow, UK, is a small, active company founded seven years ago in 2017. With just one employee and £3,402,660 in assets, it’s a solo founder operation led by a single director and owner, Alexander Mcgurk. The company has a real registered address and operates as an irregular importer of miscellaneous chemical products, with one month of import activity recorded in October 2023. It also exports stone, plaster, cement, and similar materials, with one month of export activity also in October 2023.

The company’s website, Cleveden Park Wealth, reveals a different focus: financial planning and wealth management. The site promotes a range of services, from pensions and mortgages to tax planning and investments, targeting both individuals and businesses across the UK. It emphasizes a “whole-of-market independent financial planning” approach and offers a client portal for secure document access. The website even features a blog with articles on topics like ISA selection and capital gains tax management.

Financially, Cleveden Homes Limited presents a mixed picture. Current assets decreased by 38% to £3,400,000, while net assets plummeted 240% to -£27,000. Bank borrowings decreased by 58% to £26,000, and cash reserves dropped 84% to £1,400. Creditors increased by 39% to £3,400,000. 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 significant equity decline raises questions. The company is exempt from an audit, and the financial statements are unaudited.

The dual nature of Cleveden Homes Limited—a small construction-related entity alongside a larger financial planning firm—suggests a diversification strategy. Whether this is a successful combination or a source of financial strain remains to be seen, but the company’s focus on client service and expertise is evident across both operations.

Registered in Scotland under the registration number SC564869, with a registered address at G12 0PT, United Kingdom, Glasgow, Scotland, Flat 1, 4 Cleveden Gardens.

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