Pineapple Creative Limited

Pineapple Creative Limited is a small, active company based in Bromsgrove, UK, founded ten years ago in June 2014. With £61,355 in assets and a real address shared by seven other companies, it’s a solo-founded operation managed by one director and owner. The company operates in the other business support service activities n.e.c. industries, and is an irregular importer, bringing in electrical machinery and equipment for one month, with the last import operation recorded in February 2023.

The company’s website, Pineapple Structures, showcases a structural engineering firm specializing in creative solutions for residential, commercial, and community projects. It offers services ranging from renovations and extensions to structural inspections and underpinning, catering to both listed buildings and contemporary designs. The site highlights a focus on Victorian and Edwardian houses, with high-quality photography showcasing its work. It's a professional-looking site, and they have a great Google rating.

Financially, Pineapple Creative Limited presents a mixed picture. Current assets have fallen significantly by 51%, dropping to £61,000, while net assets have plummeted 89%, leaving just £1,600. Bank borrowings remain relatively stable, but cash reserves have decreased by 61%, sitting at £31,000. Creditors have also decreased, which is good, but trade debtors have fallen by a substantial 75%, suggesting potential issues with customer payments. The company meets two of three criteria to be considered small (turnover under £10.2m, assets under £5.1m, and fewer than 50 employees). The unaudited financial statements, reviewed by Ormerod Rutter Limited, show a decline in equity and a need for careful cash management.

Despite the financial pressures, Pineapple Structures’ focus on specialized engineering and its commitment to quality positions it well. However, the company needs to address the decline in assets and manage its cash flow effectively to ensure its long-term sustainability.

Registered in England/Wales under the registration number 09101057, with a registered address at B61 0DD, Bromsgrove, Worcestershire, Regency House, 48 Birmingham Road.

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