Lura Constructions Ltd

Lura Constructions Ltd is a small, active company based in London, UK, founded 14 years ago in 2010. With 23 employees and £3,480,199 in assets, it operates from a real address and is led by a single director and owner, Murati Esat, who is also the solo founder. The company holds a stellar 5.0 Google rating based on 31 reviews. It’s an irregular importer, primarily bringing in machinery, boilers, and mechanical appliances, with its last import operation recorded two months ago in April 2021.

The company’s website highlights its role as a leading family-owned refurbishment, retrofit, and property maintenance company, serving both public and private sectors across London and the South East. Lura Construction aims to transform housing into decent, safe, and sustainable homes, emphasizing a direct-delivery model and hand-on approach to ensure quality and timely service. The website details a wide range of services, from repairs and refurbishment to large-scale retrofit works, and stresses a flawless health and safety record.

Financially, Lura Constructions Ltd presents a mixed picture. While net assets increased by a respectable 36% to £2,300,000, current assets experienced a 27% drop to £3,500,000. Cash reserves also decreased by 29%, settling at £3,200,000. Bank borrowings, however, saw a significant reduction of 38%, falling to £38,000. Creditors decreased by 60%, which is a positive sign, but other creditors jumped by 140% to £200,000. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for agility, but the drop in cash reserves and rise in other creditors suggest a need for careful financial management. No auditor is mentioned, likely due to the company's exemption as a small entity. The increase in depreciation of plant machinery and vehicles, along with a rise in taxation, are also worth noting.

Registered in England/Wales under the registration number 07407611, with a registered address at E17 5DU, England, London, Unit 16 Waltham Park Way, Billet Road.

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