Sgp Contracts Limited

Sgp Contracts Ltd from London UK: a small, active company founded 25 years ago, employs 27 people, and holds £5,608,336 in assets. It has a real address, two directors, and one owner. The company regularly imports furniture, lighting, and prefabricated buildings (33 months of import activity) and exports the same products (3 months of export activity).

Sgp Contracts is an award-winning design and build contractor operating in both the commercial and residential sectors. From high-end residential projects to hotels and heritage works, the company provides reliable and cost-effective services. Its website highlights a comprehensive range of services, including design and build, project management, and acting as a principle contractor. Recent projects include a high-rise hotel in East London and a modern storage facility in Sydenham. The company’s website also details its commitment to quality and value, emphasizing cost-effective solutions and time-saving techniques.

Financially, Sgp Contracts Ltd presents a mixed picture. While cash reserves increased by 31% to £1.9 million, current assets rose by 24% to £5.6 million, and equity grew by 43% to £7 million, there are some concerning trends. Bank borrowings jumped significantly, reaching £1.3 million, and creditors increased by 55% to £2.8 million. The number of employees decreased by 15% to 23, which could be due to restructuring or project completion. Depreciation impairment on plant and machinery increased by 5.2%, indicating aging equipment. It’s worth noting that the company is exempt from an audit as a small entity, so the figures are unaudited. The company's net assets liabilities grew by 28%, which is a good sign.

Overall, Sgp Contracts Ltd appears to be a stable, albeit slightly stretched, operation. The increase in borrowing suggests investment in growth, but the rising creditors and employee decrease warrant closer monitoring. The company's focus on quality and its diverse project portfolio position it well for the future, but managing its financial health will be crucial.

Registered in England/Wales under the registration number 03968410, with a registered address at SW16 1QY, England, London, 3 Tooting Bec Gardens.

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