Strong Base Construction Limited

Strong Base Construction Ltd from London UK: a small, active company founded eight years ago, employs seven people, and holds £1,315,435 in assets. It’s a solo founder operation with one director and owner, Roland Ghapantsyan, and has a real registered address. The company is an irregular importer, bringing in electrical machinery and equipment, with its last import operation recorded over two years ago.

The company’s website highlights its services as a premier name in construction, carpentry, and joinery. Founded by Roland Ghapantsyan in 2005, Strong Base offers a "concept to completion" service, specializing in refurbishing residential properties and creating bespoke joinery in London. The website showcases a commitment to quality and skilled craftsmanship, emphasizing family ownership and British expertise.

Financially, Strong Base Construction Ltd presents a mixed picture. While current assets increased by 17% to £1,300,000, net assets grew by a more substantial 26% to £220,000. Cash reserves saw a significant jump, increasing by 180% to £510,000. However, trade debtors decreased by 21%, indicating potential challenges in collecting payments. Bank borrowings have also increased, and creditors have risen by 13%. The company’s small size (meeting two of three conditions for a small company) helps it remain flexible, but the increase in debt warrants closer attention. As a small company, it’s exempt from an audit, so these figures are unaudited.

Overall, Strong Base Construction Ltd appears to be in a reasonably healthy position, with growing assets and cash reserves. However, the increase in debt and decrease in trade debtors suggest it may be burning through money faster than it’s bringing it in, and it's important to keep an eye on these trends.

Registered in England/Wales under the registration number 10638835, with a registered address at W7 2QA, United Kingdom, London, Unit 11 Boston Business Park, Trumpers Way.

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