Westgreen Construction Ltd

Westgreen Construction Ltd from London UK: a large company, holding company, active status, founded 25 years ago, 43 employees, £16,029,390 assets, yearly revenue: £46,003,388, real address, 2 directors, 1 owner, google rating 4.0 based on 7 reviews. Regular importer of furniture, lighting, and prefabricated buildings (10 months imported). It’s a substantial player in the construction industry, operating as a holding company and boasting a strong presence in the London area.

Westgreen’s core business revolves around construction services, encompassing everything from residential projects to commercial and retail developments. Their website highlights a diverse portfolio, including high-end residential builds, gallery fit-outs for renowned names like Gagosian, and even bespoke art installations. They seem to have a knack for working with prestigious clients, as evidenced by their involvement in projects within Mayfair Design District. The company’s website also showcases their expertise in design management, technical services, and aftercare, suggesting a commitment to delivering comprehensive solutions.

Financially, Westgreen Construction Ltd presents a mixed picture. While turnover increased by a healthy 25% to £58 million, net assets decreased significantly by 63% to £6.8 million. Cash reserves also declined by 36% to £3.6 million, though bank borrowings increased by 100% to £1.4 million. Creditors decreased by 10% suggesting better debt management. The company meets the criteria for a large company, having turnover exceeding £36 million and balance sheet total over £18 million. The lack of a named auditor suggests they are exempt from full auditing requirements.

The increase in bank borrowings and decrease in cash reserves could indicate that Westgreen is investing in new projects or facing increased operating expenses. The company’s focus on high-end projects and its reputation for quality suggest that it is well-positioned for future growth, but careful financial management will be crucial to navigate these challenges.

Registered in England/Wales under the registration number 03757739, with a registered address at WC1H 9BQ, England, London, 7-12 Tavistock Square, Lynton House.

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