My Construction Limited

My Construction Limited, based in Barnet, UK, is a sizable company with a 20-year history, currently employing 36 people and holding assets valued at £9,644,585. The company operates as a holding company and is currently active. It’s registered at an address shared by 109 other companies, suggesting a virtual address. The business is led by one director and one owner, and boasts a respectable Google rating of 4.0 based on 59 reviews. My Construction regularly imports miscellaneous metal items, with the last import occurring four months ago, but exports very little, with only one month of export activity recorded.

The company’s website is currently under construction, displaying a simple message: "Website under construction. Please check back later." It offers a user login and a "Lost Password" link, hinting at an e-commerce component that isn’s yet live.

Financially, My Construction Limited appears to be facing some challenges. While turnover increased significantly by 110%, reaching £64 million, net assets have decreased by a substantial 61%, falling to £2.7 million. Bank borrowings have increased dramatically, surging by 130%, reaching £28,000. Cash reserves have also declined by 98%, leaving only £16,000. Creditors have decreased by 46%, which is a positive sign, suggesting improved debt management. The company’s employees have decreased by 86%, with only five reported. The unaudited financial statements, prepared by Evans Mockler Limited, show a concerning trend of burning through cash, despite increased revenue. The company meets the criteria to be considered large, having met two out of three conditions: turnover exceeding £36 million and a balance sheet total exceeding £18 million.

Registered in England/Wales under the registration number 05348282, with a registered address at EN5 5TZ, United Kingdom, Barnet, London, 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.