Octagon Shopfitting & Building Services Ltd.

Octagon Shopfitting And Building Services Ltd from London UK: a small, active company established sixteen years ago, employs five people, and holds £745,716 in assets. It operates from a virtual address, has three directors, one owner, and maintains a respectable Google rating of 4.0 based on seven reviews. The company is an irregular importer of furniture, lighting, and prefabricated buildings, with just one month of imports recorded as of 2016.

The business specializes in shopfitting and building services, operating within the other specialised construction activities n.e.c. industries. It’s a small company, meeting two of three conditions: turnover under £10.2 million, balance sheet total under £5.1 million, and fewer than 50 employees. While it has a real registered address at 222 Upper Richmond Road West, SW14 8AH, London, nineteen companies registered at the same address, which is probably virtual.

A review of the company's financial data reveals some concerning trends. Cash bank on hand has dropped significantly, decreasing by 77% to £41,000. Creditors have also seen a substantial decline, falling 44% to £120,000. However, there's a positive sign in trade debtors, which have increased by 9.3% to £590,000. The company’s equity has seen a modest increase of 3.6% to £660,000. It’s interesting to note that the company’s net current assets and liabilities have both decreased slightly.

Despite the mixed financial signals, Octagon Shopfitting And Building Services Ltd appears to be navigating the challenges of a small business. The decline in cash reserves and increase in debtors could indicate a need for improved cash flow management, but the increase in equity suggests a stable foundation. The lack of an auditor (likely exempt as a small company) means the figures are unaudited, so a degree of caution is warranted. The company is likely relying on its reputation and established customer base to weather any short-term financial pressures.

Registered in England/Wales under the registration number 06751082, with a registered address at SW14 8AH, London, 222 Upper Richmond Road West.

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