Ulster Builders Providers Limited

Ulster Builders Providers Ltd from Armagh UK is a small, active company founded 48 years ago in 1976. Employing nine people and holding £701,102 in assets, it’s a well-established business with a real address and five directors, overseen by a single owner. The company boasts a solid 4.0 Google rating based on three reviews and regularly imports iron or steel products, with the last import operation recorded six months ago in July 2023.

The business operates as a wholesale builders merchant, supplying all of Northern Ireland. Its website highlights a range of services, including a delivery service and catalogue, catering to the construction and hardware industries. The company's registered address is Annvale Industrial Estate, Keady, and it appears only two companies share this address, suggesting a genuine business location.

Financially, Ulster Builders Providers Ltd shows a mixed picture. Current assets decreased slightly by 4.2% to £700,000, while net assets remained stable at £2.6 million. Bank borrowings increased significantly by 1900% to £24,000, a notable change, and cash reserves grew by 45% to £74,000. Creditors also decreased by 9.3%, suggesting improved debt management. The company’s small size (meeting two of three conditions for a small company) helps it remain flexible. With no auditor mentioned, the financial statements are unaudited.

Overall, Ulster Builders Providers Ltd seems to be navigating a period of change. While the increase in bank borrowings is a concern, the growth in cash reserves and improved creditor management suggest the company is working to maintain its financial health. The company’s long history and positive Google rating indicate a strong reputation within the local construction industry, but it will be interesting to see how it adapts to evolving market conditions.

Registered in Northern Ireland under the registration number NI011666, with a registered address at BT60 2RP, Armagh, Annvale Industrial Estate, 8 Annvale Road.

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