Mayer Construction Limited

Mayer Construction Ltd from Tetbury UK is a small, active company founded 13 years ago. With 17 employees and £3,281,028 in assets, it operates from a virtual address, a bit odd considering 94 companies are registered there. It's led by three directors and owned by a solo founder, Mayer Simon, who also seems to be the driving force. The company boasts a perfect 5.0 Google rating based on a single review, a testament to its reputation. They regularly import stone, plaster, cement, and similar materials—a consistent stream of imports over the last three months.

The company's website, "Mayer Construction PRIME MASTER BUILDERS E N T E R," suggests a focus on high-end construction, possibly specializing in restoration or bespoke projects. While the exact nature of their work isn’s immediately clear, the name implies a premium service.

Financially, Mayer Construction Ltd presents a mixed picture. Cash bank on hand has fallen by 18% to £200,000, while bank borrowings have dramatically increased by 360% to £480,000—a significant shift. Creditors have also risen by 7.2% to £3.2 million, and trade debtors have jumped by 74% to £1.3 million, which could indicate a period of rapid growth or perhaps delayed payments. On a positive note, current assets have increased by 6.6% to £3.3 million, and net assets have fallen by 9.3% to £110,000. 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 flexibility, but the increase in debt and decrease in equity are worth watching. The company’s unaudited financial statements, prepared by Sage Accounts Production Advanced 2024, don’t mention an auditor, likely due to its small size. The company’s net current assets liabilities have also decreased by 12%.

Registered in England/Wales under the registration number 08061366, with a registered address at GL8 8AA, Tetbury, Gloucestershire, 1 Long Street.

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