UNDERHILL BUILDING SERVICES LIMITED
Company number 04294656 · Monitor this company
Executive summary
Underhill Building Services Limited was a multi-trade building services subcontractor that operated in the UK construction installation sector for over 20 years before entering dissolution. Its financial position deteriorated severely from FY2019 onwards, with net liabilities reaching £716,364 and cash reserves collapsing to just £6,596 by March 2021 — a current ratio of 0.42 that falls dramatically below the sector norm of 1.1–1.5. While the COVID-19 pandemic exacerbated trading difficulties, the underlying balance sheet weakness — including accumulated losses of £716,464 and a £669,452 director loan at 8% interest — suggests structural problems pre-dated the crisis. The company's going concern status was entirely dependent on continued director support, making it fundamentally unviable as a standalone entity. Its dissolution is consistent with the broader pattern of UK construction insolvencies that accelerated from 2021 as pandemic support measures were withdrawn.
Shareholders' funds
-£716,464
Balance sheet as at 2021-03-31
Overview
- Company type
- Private Limited Company
- Incorporated
- 2001-09-27
- Dissolved
- 2026-08-21
- Registered office
- BRAILEY HICKS, 13 Reynolds Park Plympton, Plymouth, Devon, PL7 4FE
- Postcode
- PL7 4FE
- Capital
- 100 GBP
- Accounts category
- Total Exemption Full
- Charges
- 1 outstanding
Accounts
- Last made up to
- 2021-03-31
- Financial year end
- 31 March
Confirmation statement
- Last statement dated
- 2021-06-03
Nature of business (SIC)
- 43210 Electrical installation
- 43220 Plumbing, heat and air-conditioning installation
- 43320 Joinery installation
- 43341 Painting
Officers 2 current · 6 resigned
Contact details
Previous company names
| Name | Date changed |
|---|---|
| UNDERHILL FACILITIES & MAINTENANCE LIMITED | 2002-03-28 |
| JADEGLOW LIMITED | 2001-12-11 |
Previous registered addresses 4
| Address | Changed on |
|---|---|
| PLYMBRIDGE ROAD PLYMBRIDGE ROAD, ESTOVER, PLYMOUTH, DEVON, PL6 7LX, ENGLAND | 2019-05-14 |
| PLYMBRIDGE ROAD, ESTOVER, PLYMOUTH, DEVON, PL6 7LQ | 2017-09-21 |
| 64 VALLEY ROAD, PLYMPTON, PLYMOUTH, DEVON, PL7 1RF | 2010-10-18 |
| 76 WHITCHURCH ROAD, CARDIFF, CF14 3LX | 2002-03-11 |
The class of 2001
36%
of the 850 companies in this sector incorporated in 2001 are still active today; 61% have since been dissolved.
A fact about the year, not a forecast for this company.