Element Construction.co.uk Limited

Element Construction Uk Co Ltd, based in Watford, UK, is a small, active company founded sixteen years ago in 2008. Employing seven people and holding £521,742 in assets, it operates from a real address shared by eight other companies. The business is led by two directors and owned by three individuals, though the ownership list was changed a year ago. Element Construction is a regular importer, primarily of wood and wood products, with four months of import activity recorded as of April 01, 2024.

The company’s website, elementconstruction.co.uk, describes it as operating in the construction of domestic buildings. It doesn’t appear to be an e-commerce site, focusing instead on providing construction services. The business seems to be a traditional, bricks-and-mortar operation, relying on direct client engagement rather than online sales.

Financially, Element Construction Uk Co Ltd presents a mixed picture. While current assets increased by 23% to £520,000, net assets grew significantly by 150% to £200,000. Bank borrowings decreased by 44%, and cash reserves increased by 130% to £280,000, a positive sign. However, trade creditors increased by 140%, and trade debtors increased by 13000%, suggesting potential issues with collecting payments. The company’s small size (meeting two of three conditions for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for flexibility, but the increase in creditors warrants closer attention. The company is exempt from an audit as a small company, so the figures are unaudited.

Overall, Element Construction Uk Co Ltd seems to be navigating a period of growth, but it’s important to monitor its ability to manage its liabilities and collect payments from customers.

Registered in England/Wales under the registration number 06631228, with a registered address at WD17 1HP, United Kingdom, Watford, Hertfordshire, C/O Hillier Hopkins Llp Radius House, First Floor, 51 Clarendon Road.

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