Hollywell Building Services Limited

Hollywell Building Services Limited, based in St. Albans, UK, is a well-established construction contractor with a 31-year history and an active status. The company, a holding company, employs 74 people and holds assets worth £13,242,492. With a yearly revenue of £30,123,828, it’s a significant player in the building services sector. The company has a real address and is overseen by one director and two owners. It boasts a perfect 5.0 Google rating based on five reviews. The company is an irregular exporter, with its top export categories including None, totaling 1 of months exports. The last export operation took place on July 01, 2021.

Hollywell Building Services provides planned and reactive maintenance across several key sectors, including Rail, Education, Healthcare, Local Authority, and Church. They also handle small civil engineering works throughout the South and East of England. The company supports projects from initial design to preventative maintenance, leveraging an experienced team and infrastructure to manage utility services of all sizes. Their website highlights a commitment to quality, delivery, and customer service, with a high percentage of work coming from repeat business and referrals.

Financially, Hollywell Building Services shows some interesting trends. While turnover increased by 16%, reaching £30 million, net assets decreased significantly, dropping 14% to £9.4 million. Bank borrowings surged by an impressive 2,400%, reaching £29,000, while cash reserves fell 8% to £2.3 million. Creditors decreased by 18%, suggesting improved debt management. The company meets two of three criteria to be considered a large company, with turnover over £36 million, balance sheet total over £18 million, and average number of employees over 250. The increase in employees from 74 to 110, a 47% jump, could be a sign of expansion or increased workload, however, the sharp decline in equity raises questions. The company’s unaudited financial statements, as it’s exempt from audit, rely on director-reported data. Thomas Alexander & Co Ltd is the auditor.

Overall, Hollywell Building Services appears to be a successful, established business, although the recent financial trends suggest a need for careful management. The company's focus on specialized sectors and commitment to customer service positions it well for continued success, but the decrease in equity is something to keep an eye on.

Registered in England/Wales under the registration number 02858442, with a registered address at AL1 2HA, United Kingdom, St. Albans, New Barnes Mill, Cottonmill Lane.

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