Peninsula Contracts Limited

Peninsula Contracts Ltd from Wigan UK: a small, active company founded 14 years ago, employs three people, and holds £1,675,432 in assets. Operating from a virtual address, the company is managed by one director and one owner. It’s an irregular importer of man-made filaments and related materials, with just one month of import activity recorded as of July 2024.

The company’s core business involves joinery installation and other specialised construction activities. Its website, while basic, showcases a range of services including carpentry, painting, and decorating. It seems to focus on residential and commercial projects, offering a one-stop shop for home improvement and construction needs. There isn's a clear indication of e-commerce activity.

Financially, Peninsula Contracts Ltd presents a mixed picture. Cash reserves declined by 24% to £810,000, while trade debtors increased by a significant 37% to £870,000—perhaps reflecting extended payment terms or a larger volume of work. Creditors also decreased by 46% to £12,000, suggesting improved debt management. Equity grew by 12% to £1.3 million, which is a positive sign. The company’s small size (meeting two of three conditions for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) helps it stay nimble, but the increase in debtors should be monitored. As a small company, it's exempt from an audit, so the figures rely on unaudited director-reported data.

In short, Peninsula Contracts Ltd seems to be holding its own, but the increase in debtors is something to keep an eye on. It’s a small, family-run operation focused on construction services—a contrast to the larger, more complex businesses in the area.

Registered in England/Wales under the registration number 07592957, with a registered address at WN5 7XX, Wigan, Lancashire, Crows Nest Business Park Ashton Road, Billinge.

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