Mcmullen Facades Limited

Mcmullen Facades Ltd, based in Borehamwood, UK, is a large, holding company with an active status. Founded seven years ago in 2017, the company employs 457 people and holds assets valued at £34.131 million. Yearly revenue reaches £112.149 million, showcasing a significant scale of operations. While it has a registered address, thirty companies share the same location, raising concerns about a virtual address. The company is managed by four directors and has one owner. Regular imports of glass and glassware have occurred for 66 months, while iron or steel products have been exported for three months.

The company’s website, Integrated Construction Solutions, highlights its focus on facade solutions. It’s clear that Mcmullen Facades isn't an e-commerce business; instead, it operates as a B2B provider, showcasing projects like Regents Square and Central Square. The site emphasizes technical design, BIM engineering, and manufacturing, indicating a complex, project-based business model.

Financially, Mcmullen Facades presents a mixed picture. Accrued liabilities have significantly decreased, falling by 37%, which could indicate improved cash flow management. However, bank overdrafts have surged by a staggering 3,100%, reaching £290,000, and cash reserves have plummeted 55% to £81,000. While turnover decreased by 12% to £110 million, it’s worth noting that the company is meeting two of three conditions to be considered a large company. The decrease in net assets, falling 64% to -£75 million, is a significant concern, suggesting a substantial burn rate or accumulated losses. The lack of a named auditor suggests the company is exempt from full auditing, relying on unaudited financial statements.

It appears Mcmullen Facades is navigating a challenging period, likely facing increased borrowing costs and a need to manage its cash flow effectively. While the company’s technical expertise and project portfolio suggest a strong foundation, the financial data indicates a need for careful attention to financial health.

Registered in England/Wales under the registration number 11073163, with a registered address at WD6 1RN, United Kingdom, Borehamwood, Hertfordshire, 4 Elstree Way.

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