Subterra Group Limited

Subterra Group Limited, based in London, UK, is a small, active company founded three years ago in 2022. With just two employees and £715,414 in assets, it’s a solo-founded operation managed by one director and owner. The company is registered at a real address and operates as an irregular importer, primarily bringing in machinery, boilers, and mechanical appliances, with its last import activity occurring one month ago in January 2025.

The company’s core business involves other specialised construction activities, positioning it within a niche sector. While a website isn’t available to analyze, this suggests a business-to-business model rather than direct consumer sales. It’s likely focused on supplying equipment or services to other construction firms.

Financially, Subterra Group Limited presents a mixed picture. While current assets have increased significantly, jumping 480% to £720,000, net assets have also seen a dramatic shift, plummeting 100% to a mere £490. Bank borrowings have surged by 2,400%, reaching £29,000, while cash reserves have also fallen 30% to £100,000. Trade debtors have increased by 400%, suggesting potential challenges in collecting payments. Despite these concerns, creditors have also increased by 1200%, which could be a result of expanding operations. The company meets two of three criteria to be considered small, with turnover under £10.2m, assets under £5.1m, and fewer than 50 employees. No auditor is mentioned, which is typical for small companies.

The substantial increase in liabilities alongside the decrease in equity raises questions about the company’s financial health. It’s possible that Subterra Group Limited is investing heavily in growth, but the sharp decline in retained earnings warrants closer scrutiny. The director signing financial statements, Mr. Paul Gildea, is a good sign, and the company’s accounts are described as “filleted accounts.” It's worth noting that the company’s turnover is not mentioned, but the company’s statement of compliance with applicable reporting framework states that the financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities.

Registered in England/Wales under the registration number 14012521, with a registered address at SW19 5DX, United Kingdom, London, Greater London, Admel House,2nd Floor, 24 High Street.

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