Ardmore Construction Limited

Ardmore Construction Ltd, based in London, UK, is a large, active company with a rich history spanning 50 years. Founded in 1974, it employs 432 people and holds assets totaling £196,179,528. Despite a real registered address, fifteen companies share this address, suggesting a virtual address. The company is family-owned, with six owners and two directors, and boasts a Google rating of 3.0 based on 69 reviews. Ardmore regularly imports stone, plaster, cement, and similar materials (23 months of imports), while occasionally exporting electrical machinery and equipment (2 months of exports).

The company’s website showcases Ardmore as a leading main contractor specializing in residential, commercial, and hotel projects. It highlights a handson approach and direct supply chain control, emphasizing its expertise in unlocking large-scale projects. The site features case studies of completed projects, including the Thames Road, Newham development and the Kensington Forum restoration, and regularly publishes news about appointments, awards, and community initiatives. The website gives a good sense of the company’s focus on high-quality construction and its commitment to its people.

Financially, Ardmore Construction Ltd presents a mixed picture. While current assets remain substantial at £200 million, net assets have significantly decreased by 51%, dropping to £13 million. Bank borrowings have increased, and cash reserves have fallen, suggesting a need for careful financial management. Creditors have also decreased, which is a positive sign. The company’s turnover, while substantial, hasn’s been mentioned, but it’s likely to be a large figure. With no auditor named, the financial statements are unaudited.

The company’s shift in employee numbers is also notable, with the average number of employees dropping from 430 to 240—a 44% decrease. This could be due to project completion, restructuring, or other factors. The company’s focus on family ownership and British craftsmanship, combined with its large-scale projects and commitment to quality, positions it well for future success, but the financial trends require close monitoring.

Registered in England/Wales under the registration number 01185592, with a registered address at SS9 3NA, Leigh-On-Sea, Essex, 1066 London Road.

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