Clarke Group Construction Limited

Clarke Group Construction Ltd, based in Boston, UK, is a sizable company with a 25-year history. Employing 34 people, it holds assets worth £5,780,942 and generates a yearly revenue of £16,972,939. It operates as a holding company with an active status, managed by three directors and one owner. The company is an irregular importer of wood and wood products, with the last import operation occurring just one month ago.

The company’s website, clarkegroupconstruction.co.uk, showcases a construction firm specializing in building projects. It doesn’t appear to be an e-commerce site; rather, it’s an informational portal detailing services, projects, and company values. The site highlights their commitment to quality, safety, and client satisfaction, emphasizing their expertise in various construction sectors.

Financially, Clarke Group Construction Ltd presents a mixed picture. While turnover remained stable at £22 million, net assets decreased by 18% to £3.8 million. Cash reserves took a significant hit, falling 54% to £1 million. Bank borrowings increased by 100%, reaching £34,000, while creditors also rose by 15% to £12 million. Despite these challenges, the company’s assets are substantial, and it meets two of the three criteria to be considered a large company: turnover exceeding £36 million and a balance sheet total above £18 million. The lack of an auditor mentioned suggests it’s exempt from mandatory auditing.

The company's irregular import activity, with a focus on wood products, could be linked to sourcing materials for construction projects. The decrease in cash reserves, alongside increased bank borrowings, may indicate tighter cash flow management or investments in new projects. The company’s size and established presence suggest a degree of stability, but the financial trends warrant close monitoring.

Registered in England/Wales under the registration number 03850160, with a registered address at PE21 7AA, Boston, Lincolnshire, The Workshop, Slippery Gowt Lane, Wyberton.

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