Ab Construction (uk) Ltd

Construction Uk Ab Ltd, based in Harrow, UK, is a small, family-run business with an active status, founded ten years ago. Currently employing two people, the company holds £345,200 in assets and boasts a respectable Google rating of 4.0 based on 58 reviews. They’re regular importers of ceramic products, with the latest shipment arriving just three months ago.

The company operates within the development of building projects industries. They have two directors and two owners, and the address is real, with only one other company registered there. It’s a small business, meeting two of the three criteria: turnover under £10.2 million, balance sheet under £5.1 million, and fewer than 50 employees.

However, the company’s financial health appears to be a bit shaky. Cash bank on hand has plummeted by a significant 82%, dropping to just £31,000. Current assets have also decreased by 29%, settling at £350,000. Bank borrowings have increased by 190%, reaching £32,000. Creditors have decreased by 19%, which is a positive sign, but the overall trend suggests the company is burning through cash. The accounts are overdue by seven months, and the confirmation statement is overdue by five months. There's no mention of an auditor in the report, which is common for small, exempt companies. The sharp decline in equity, coupled with the overdue filings, warrants a closer look, but it’s likely a result of startup pressures.

Registered in England/Wales under the registration number 09338175, with a registered address at HA3 6QZ, England, Harrow, Middlesex, 11 Hutton Walk.

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