City & Country Construction Ltd

City & Country Construction Ltd, based in Stansted, UK, is a sizable company with a 53-year history, currently employing 82 people and holding £16,539,178 in assets. It operates as a holding company and has an active status, overseen by nine directors and one owner. While it imports irregularly, only one month of imports were recorded, dating back to August 2016. The company’s registered address is CM24 8HL, Stansted, Essex, but fourteen companies registered at the same address, suggesting a virtual address.

The company’s website showcases its services as a roofing and construction contractor, emphasizing reliability and a wide range of options for both residential and commercial clients. They offer everything from new roofs and repairs to fascia, soffits, guttering, loft conversions, and even photo galleries of their work. The site details a commitment to quality workmanship, customer satisfaction, and adherence to industry standards, including membership in the National Federation of Roofing Contractors.

Financially, City & Country Construction Ltd presents a mixed picture. While turnover dropped by 20%, from £56 million to £45 million, net assets increased by 3.3% to £7.2 million. Cash reserves decreased by 7%, reaching £1.7 million. Bank borrowings, however, plummeted by 34%, to £19,000—a positive sign of reduced debt. Creditors also decreased by 17%, suggesting better management of liabilities. The company is classified as large, having met two of three criteria: turnover exceeding £36 million, balance sheet total above £18 million, and more than 250 employees. The unaudited financial statements were prepared by Goodman Jones LLP.

The decrease in turnover, despite the increase in net assets, warrants further investigation. It could be attributed to market conditions or strategic decisions. The company’s reliance on a virtual address, while common, raises questions about its operational infrastructure. The nine directors, with the list having been changed two months ago, could indicate a period of transition or restructuring.

Registered in England/Wales under the registration number 01048459, with a registered address at CM24 8HL, Stansted, Essex, Bentfield Place, Bentfield Road.

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