H B Tunnelling Limited

Tunnelling Hb Ltd from Doncaster UK: a large company holding company, active status, founded fifteen years ago, employs eighteen people, boasts £12,039,056 in assets, and generates £27,717,344 in yearly revenue. It has a real address, five directors, one owner, and a stellar 5.0 Google rating based on eight reviews. The company regularly imports machinery, boilers, and mechanical appliances; parts, with recent activity in September 2024.

This Doncaster-based firm operates in the specialised construction activities industry, providing a broad range of services like pipejacking, shaft sinking, and timber headings. The company's website highlights its commitment to safety and quality, emphasizing a "Safe, High Quality Service Is Our Priority." It’s a rapidly expanding and innovative company, investing in resources to meet and exceed quality expectations.

Financially, Tunnelling Hb Ltd shows a mixed picture. While assets remained stable at £12,039,056, the company’s turnover increased significantly by 10% to £27,717,344. Bank borrowings decreased by 27% to £130,000, which is a positive sign. However, the company’s net assets decreased by 10% to £6,500,000, and the amount owed by related parties increased by 50% to £500,000. The company’s average number of employees increased by 10% to twenty, suggesting growth. The company's auditors, Crozier Jones LLP, have given a clean audit opinion.

The company’s focus on specialist tunnelling services and commitment to quality position it well within the UK infrastructure sector. The decrease in net assets, however, warrants close monitoring, and the increase in related party debt could indicate a need for improved financial management.

Registered in England/Wales under the registration number 06985679, with a registered address at DN8 5SX, United Kingdom, Doncaster, Unit 1 High Premier Industrial Estate Belton Road, Sandtoft.

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