Thurstan Limited

Thurstan Limited, based in London UK, is a small, active company founded seven years ago. With eleven employees and £1,218,776 in assets, it operates from a real address and is led by a solo founder who also serves as director and owner. The company regularly imports furniture, lighting, and prefabricated buildings (for six months) and exports art and antiques (for five months). Its website showcases a core business in modular building solutions, catering to commercial, education, healthcare, and infrastructure sectors with adaptable, relocatable buildings. They offer everything from antivandal units to specialist structures, even blast-resistant buildings, and serve a wide range of industries including nuclear and offshore.

The company’s website highlights a focus on design flexibility and modern construction methods, with case studies demonstrating projects for hospitals, schools, and airports. They offer a range of services, including design, manufacture, and installation, and pride themselves on speed and quality.

Financially, Thurstan Limited shows a mixed picture. Cash reserves have increased significantly, jumping 78% to £1 million, and current assets are up 30% to £1.2 million. However, net assets have doubled to £670,000, which is a good sign. Trade debtors have decreased by 27%, suggesting better cash flow management. On the downside, bank borrowings have increased, and provisions for liabilities have risen substantially. The company meets the criteria for a small business, with turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. The lack of an auditor mentioned is likely due to its small size and exemption from an audit.

The increase in provisions and bank borrowings, while concerning, could be attributed to investments in growth or expansion. The company's focus on modular construction and diverse applications positions it well for future opportunities, but managing its financial resources will be key to sustaining its success.

Registered in England/Wales under the registration number 11147971, with a registered address at EC1M 6AS, England, London, Ground Floor Preachers Court, Charterhouse Square.

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