Mansion Kingdom Homes Limited

Mansion Kingdom Homes Limited is a small, active company based in Glasgow, UK, established six years ago in 2018. Employing just two people, the company operates from a virtual address shared by 121 other businesses, a fact that raises some questions. It's led by two directors and two owners, and regularly imports furniture, lighting, and prefabricated buildings—a total of seven months of import activity recorded, with the last operation in December 2023. The company focuses on building domestic buildings.

The website showcases Mansion Kingdom Homes as a Scottish house builder specializing in unique, high-quality, bespoke residential properties in desirable locations throughout central Scotland. It’s currently advertising a development of twelve townhouses in Bothwell, and encourages potential customers to contact them to discuss their requirements. They also have a mailing list for updates and are actively seeking land for future developments. The website also has a blog with updates on new developments.

Financially, Mansion Kingdom Homes Limited presents a mixed picture. While cash bank on hand has plummeted by a staggering 89%, dropping to just £3,400, creditors have increased by 34% to £9.1 million. Debtors, however, have surged by 140%, reaching £4.2 million, suggesting potential issues with collecting payments. Equity has improved significantly, rising from a loss of £110,000 to a profit of £120,000, a positive turnaround. Despite a decrease in property, plant, and equipment, the company’s net assets have also improved. The company is small, meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees. With no auditor mentioned, the financial statements are unaudited.

It seems the company is facing some financial pressures, with a significant drop in cash reserves. However, the increase in debtors and the improved equity position suggest a possible shift towards better financial management, although more information would be needed to confirm this.

Registered in Scotland under the registration number SC603794, with a registered address at G2 2ND, Scotland, Glasgow, C/O Johnston Carmichael, 227 West George Street.

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