London Projects Limited

London Projects Ltd, based in London, UK, is a large holding company with an active status, having been incorporated nineteen years ago in 2005. The company employs seventy people and holds assets worth £15,967,475. With a yearly revenue of £46,157,589, it’s a significant player. There are three directors and one owner, and it boasts a perfect 5.0 Google rating from seventeen reviews. The company is an irregular importer of clothing and accessories made by knitting or crocheting, with just two months of import activity recorded.

The company operates in the other business support service activities n.e.c. industries. Its website, Super Prime Construction, uses cookies for analytical purposes. It’s clear the company is focused on construction-related services, with a focus on quality and customer satisfaction.

Financially, London Projects Ltd shows some concerning trends. While turnover increased by 11%, net assets decreased by 10% to £7,100,000. Cash reserves fell 81% to £640,000, and bank borrowings surged, suggesting a need for additional funding. Creditors also decreased, which could be a positive sign of better debt management. The company’s administrative expenses increased by 34%, which could be due to increased staffing or operational costs. The company’s director remuneration increased by 53%, which could be a result of increased workload or performance-based incentives. It’s worth noting that the company’s tax expense increased by 31%, which could be due to changes in tax laws or increased profitability. Lawrence Johns is the auditor, but the company is likely exempt from a full audit.

The sharp decrease in cash reserves and increase in bank borrowings are a cause for concern, suggesting the company might be burning through cash faster than it’s generating it. However, the increased turnover and decreased creditors indicate that the company is still generating revenue and managing its debts effectively. The company’s size (meeting two of three criteria for being large) suggests it’s a substantial business, but the financial pressures raise questions about its long-term sustainability.

Registered in England/Wales under the registration number 05522550, with a registered address at SW1P 3BU, England, London, 40 Great Smith Street.

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