Peter Loe Restorations Limited

Peter Loe Restorations Ltd, based in Peverel, Chelmsford, UK, is a small, family-run business with an active status. Founded 25 years ago in 1999, it employs seven people and holds £92,741 in assets. With a real registered address and a single director alongside two owners, it’s a close-knit operation. The company is an irregular importer of furniture, lighting, and prefabricated buildings, with just one month of import activity recorded as of August 2022.

The company’s core business involves construction of domestic buildings. While the website is not available to review, this suggests a focus on renovation and restoration projects. It's likely they work directly with homeowners and potentially contractors.

Financially, Peter Loe Restorations Ltd presents a mixed picture. Current assets have decreased by 26% to £93,000, while net assets have increased by 30% to £34,000. Cash bank on hand has fallen by 8.1% to £69,000. Trade debtors have plummeted by 52%, which could indicate better collection practices or a reduction in credit sales. Creditors have decreased by 41%, suggesting improved debt management. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) helps it remain flexible, but the decrease in debtors is something to keep an eye on. With no auditor mentioned (likely exempt as a small company), the figures rely on unaudited statements.

Overall, Peter Loe Restorations Ltd seems to be navigating a period of change. The decrease in debtors is a bit concerning, but the increase in net assets suggests the company is managing its finances reasonably well.

Registered in England/Wales under the registration number 03851048, with a registered address at CM9 4UF, England, Maldon, Essex, 15 Kingfisher Close Heybridge.

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