Three Pines Building Co. Limited

Three Pines Building Co Ltd from Wolverhampton UK: a small company, holding company, with an active status, has been operating for 52 years. Employing 28 people and holding £2,573,712 in assets, it's a well-established player in the local construction scene. With three directors and one owner, it maintains a solid Google rating of 4.0 based on 19 reviews. The company is an irregular importer, primarily bringing in textile padding, felt, nonwoven fabrics, special yarns, ropes, and cables, with its last import activity recorded one month ago.

The company operates as a holding company, overseeing building projects, domestic construction, finishing works, and commercial building construction. Its website is not available, so it’s difficult to determine if it operates an e-commerce site. However, the company's core business is clearly focused on traditional construction services.

Financially, Three Pines Building Co Ltd shows a mixed picture. Current assets have increased by 9.6% to £2,600,000, while net assets have jumped a significant 25% to £1,200,000. Bank borrowings have increased by 2,400% to £29,000, and cash reserves fell 30% to £28,000. Creditors decreased by 18%, suggesting better 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 stay agile, but the sharp equity drop raises questions. The company is exempt from audit, so the figures rely on unaudited statements.

The company’s financial data shows a concerning trend of increasing bank borrowings, which could indicate a need for additional funding or a period of cash flow challenges. The increase in net assets, however, suggests the company is still profitable, despite these challenges. The lack of employee growth, with numbers rising to 34, is also worth noting, but it's possible this is due to increased efficiency or outsourcing.

Registered in England/Wales under the registration number 01064152, with a registered address at WV1 2UR, Wolverhampton, Cullwick Court, Cullwick Street.

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