Vascroft Contractors Limited

Vascroft Contractors Ltd, based in London, UK, is a well-established construction company with a history spanning 48 years. Designated as a large company, holding company, and currently active, it employs 60 people and holds assets totaling £38,096,459. The company, with three directors and one owner, maintains a real address and has a Google rating of 3.0 based on 34 reviews. It’s a regular importer, specializing in furniture, lighting, and prefabricated buildings, with the last import operation occurring in November 2024.

The company’s website showcases a broad range of services, from hotel and residential construction to commercial and social housing projects. It also highlights divisions specializing in joinery, mechanical, electrical, and metal fabrication. A fascinating aspect is the company's history, starting with two brothers working on the Barbican Towers – a testament to its long-standing presence in the construction industry. It even owns a subsidiary, Uxbridge Ventures Limited.

Financially, Vascroft Contractors Ltd presents a mixed picture. While turnover remained steady, cash bank on hand increased significantly by 120% to £13 million, and current assets grew by 27% to £38 million. However, net assets only increased by 9.7% to £21 million. Liabilities also increased – accrued liabilities jumped 71% to £7.8 million, and bank borrowings rose considerably. Interestingly, staff costs decreased slightly, and director remuneration remained relatively stable. The company’s auditor is KLSA LLP.

The increase in liabilities, despite growing assets, suggests Vascroft may be investing heavily in new projects or facing increased operating expenses. It's possible the company is expanding its operations, which could explain the need for additional funding. However, the slight decrease in net assets warrants close monitoring to ensure long-term financial health.

Registered in England/Wales under the registration number 01293674, with a registered address at NW10 7PT, London, Vascroft Estate, 861 Coronation, Road, Park Royal.

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