Mh Costa Construction Limited

MH Costa Construction Ltd, based in Barnet, UK, is a small, active company established 22 years ago. Employing eight people, it holds £2,113,784 in assets and operates from a real address. With two directors and two owners, the company boasts a stellar 5.0 Google rating based on twelve reviews. It's an irregular importer of electrical machinery and equipment, with recent activity recorded just two months ago.

The company's website highlights its dedication to "Construction Excellence Since 2002," specializing in luxury new build and refurbishment projects. It offers "turnkey solutions" encompassing everything from concept to landscaping, and showcases bespoke joinery work—handmade furniture crafted in its own workshop. The site emphasizes award-winning projects and a passion for quality, suggesting a focus on high-end residential and commercial construction.

Financially, MH Costa Construction Ltd presents a mixed picture. While bank borrowings increased significantly by 190%, reaching £170,000, cash reserves grew by a modest 9.6% to £300,000. Creditors decreased by 11%, which is good, but current assets also fell by 3.1% to £2,100,000. Debtors also decreased by 3.8% to £1,700,000. The company meets two of the three criteria to be considered small (turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees), which helps keep it nimble. The lack of an auditor mentioned likely means it’s exempt from an audit as a small company.

The company’s equity remained stable at £590,000, which is a positive sign, but the increase in bank borrowings suggests it may be relying on external financing to fund its projects. It’s unclear whether this is a temporary situation or a longer-term trend. The company's focus on luxury projects and its strong Google rating indicate a commitment to quality, but the financial data suggests it’s navigating a period of change and potential financial pressure.

Registered in England/Wales under the registration number 04572808, with a registered address at EN5 5TZ, Barnet, Hertfordshire, 5 Beauchamp Court, Victors Way.

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