Toxo Construction Limited

Toxo Construction Limited, based in Erith, UK, is a small, active company founded nine years ago in 2016. It holds £7,665,189 in assets and operates from a real address at Unit 9 Northend Trading Estate, employing two directors and one owner. The company regularly imports wood and wood products, with five months of import activity recorded, the last in July 2024.

The company's website showcases a construction business specializing in renovations across London. Projects listed include work in W2, SW7, and W1U, all high-end residential areas. The site’s simple design and contact form suggest a focus on direct client engagement rather than large-scale marketing. It’s a small operation, with a single phone number listed and a clear emphasis on personal service.

Financially, Toxo Construction Limited presents a mixed picture. Current assets have doubled to £7,700,000, a significant increase, while creditors have also risen dramatically, jumping 110% to £7,600,000. Trade debtors have decreased by 56%, which could indicate a tightening of credit terms or difficulties collecting payments. Cash reserves have fallen 87% to just £1,900, a worrying trend. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for flexibility, but the increase in debt and decrease in cash suggest it’s burning through money. There's no auditor mentioned, which is common for small companies, so the figures are unaudited.

Despite these financial pressures, Toxo Construction Limited seems to be maintaining a steady stream of renovation projects in desirable London locations. Whether it can sustain this momentum while managing its growing debt remains to be seen.

Registered in England/Wales under the registration number 09975396, with a registered address at EC1V 2NX, England, London, 128 City Road, London City Road.

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