Verve Concepts Limited

Verve Concepts Ltd, based in Cobham, UK, is a small, active company established nine years ago. With 21 employees and £2,269,663 in assets, it operates as a design-led construction company, focusing on high-end residential projects in London and the countryside. The business has two directors and two owners, and is an irregular importer, with its top import category being knitted or crocheted fabrics, totaling one month of imports.

The company’s website highlights its expertise in refurbishment, bespoke new builds, and extensions, working closely with architects and designers. It boasts a portfolio of 25 completed projects, totaling 110,000 square feet developed and £128 million in gross development value. The founders, Barry Millar and Neil Adams, bring a combined vision of craftsmanship and construction, with Barry focusing on strategy and Neil overseeing day-to-day operations and nurturing the company's culture, "The Verve Way."

Financially, Verve Concepts Ltd shows a mixed picture. Cash reserves increased significantly, jumping 150% to £1.2 million, while current assets rose 59% to £2.3 million. However, net assets also increased by 57% to £390,000, and creditors rose by 56% to £1.9 million. Trade debtors increased by 11% to £1 million, suggesting a possible reliance on customer payments. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) helps it maintain agility. With no auditor mentioned, the unaudited figures rely on director-reported data.

The increase in creditors, despite the rise in cash, suggests the company may be investing heavily in projects or managing increased operating costs. It's possible that the growth in debtors is due to larger project contracts, which is a common trend in the construction industry.

Registered in England/Wales under the registration number 09905782, with a registered address at KT11 3JZ, England, Cobham, 14b Highway Farm Horsley Road, Downside.

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