Lewel Construction Ltd

Lewel Construction Ltd, based in London, UK, is a small, active company founded eight years ago in 2016. With just two employees and £199,804 in assets, it’s a lean operation managed by two directors and a single owner, who also serves as the solo founder. The company operates from a virtual address shared by 1380 other businesses, a bit unusual, and is an irregular importer of cork and cork products, with a recent import recorded just one month ago.

The company’s website showcases its work in residential and commercial construction projects, emphasizing quality craftsmanship and client satisfaction. It highlights completed projects, including full restorations and extensions, and uses imagery of clay plasterwork and views to appeal to a design-conscious clientele. The site includes testimonials and contact information, encouraging potential clients to reach out.

Financially, Lewel Construction Ltd presents a mixed picture. Current assets have decreased by 19% to £200,000, while net assets have plummeted 82% to a mere £110,000. Bank borrowings have decreased by 17%, and creditors have fallen by 35%, suggesting some improvement in debt management. However, the significant drop in equity is concerning. The company meets the criteria for a small business, with turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. The lack of an auditor (likely exempt as a small company) means the figures are unaudited.

Despite the challenges, Lewel Construction Ltd seems to be holding its own. The company’s focus on high-quality construction projects and client satisfaction, combined with a lean operational structure, could help it navigate the current economic climate. The decrease in equity, however, warrants close monitoring to ensure the company’s long-term financial stability.

Registered in England/Wales under the registration number 10350116, with a registered address at EC2A 4NE, England, London, 3rd Floor 86-90 Paul Street.

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