Akela Construction Limited

Akela Construction Ltd from Clarkston UK is a large, active company founded 21 years ago. Employing 261 people, it holds £16,612,958 in assets and generates £35,630,335 in yearly revenue. It’s a holding company with a virtual address, managed by four directors and one owner. Its Google rating is 4.0 based on 25 reviews, and it’s an irregular exporter of furniture, lighting, and prefabricated buildings, with export activity spanning two months.

The company operates in the development of building projects industries. It’s a large company, meeting two of three criteria: turnover exceeding £36 million, balance sheet total exceeding £18 million, and an average number of employees exceeding 250. It has a real registered address, though 26 companies registered at the same address, which suggests a virtual address.

Financially, Akela Construction Ltd shows a mixed picture. Accrued liabilities decreased by 15%, a positive sign, but depreciation on motor vehicles increased significantly by 21%. Administrative expenses rose by 7.7%, and the company’s average number of employees declined by 16%. However, cash bank on hand increased by 5.2%, and the company’s comprehensive income expense decreased by 28%. The company’s turnover decreased by 22%, and net losses deepened. Bank borrowings increased, and cash reserves fell. The company's debts are increasing.

The company is audited by O’Haras Accountants Limited. The decrease in turnover could be due to a slowdown in the construction sector, while the increase in administrative expenses might reflect rising operating costs. The decline in employee numbers could indicate restructuring or a shift towards automation. The company's financial health is uncertain, but it's clear that it's navigating a challenging economic climate.

Registered in Scotland under the registration number SC258470, with a registered address at G76 7HU, Clarkston, Glasgow, Radleigh House, 1 Golf Road.

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