Carey London Limited

Carey London Limited, based in St Albans, UK, is a large, active construction company founded thirteen years ago. Employing twenty-one people and boasting assets of £51,182,647, the company generates an impressive £112,192,268 in yearly revenue. With five directors and a solo founder, Carey Martin John at the helm, the company maintains a perfect 5.0 Google rating based on ten reviews, and operates from a real address. They regularly import iron or steel products, with five months of import activity recorded.

The company's website highlights its expertise in groundworks and reinforced concrete frame contracting, positioning itself as a "dynamic and innovative construction solutions specialist." They work on projects like the Lewisham Gateway, partnering with Balfour Beatty, and emphasize safety, accuracy, and knowledge in their services. The website showcases a range of services, including groundworks, RC frames, and plant hire, and encourages inquiries through a contact form.

Financially, Carey London Limited demonstrates a mixed picture. While cash and cash equivalents increased by 50% to £18 million, net assets grew by a more modest 17% to £28 million. However, bank borrowings surged by a significant 49% to £35 million, and net losses deepened to -£23 million. Creditors also increased by 20% to £19 million, suggesting a reliance on external financing. The company meets the criteria to be considered large, having a turnover of over £36 million and assets over £18 million. The lack of an auditor mentioned likely reflects the company’s exemption as a small company, meaning the figures are unaudited.

Overall, Carey London Limited appears to be experiencing growth, but also facing increased financial pressure. The company's success in securing large projects like the Lewisham Gateway demonstrates its capabilities, but the rising debt levels warrant close monitoring.

Registered in England/Wales under the registration number 07707155, with a registered address at AL4 0LA, England, St. Albans, Unit E1, The Courtyard,, Alban Park.

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