Clements Construction Limited

Clements Construction Ltd, based in Enfield, UK, is a small, active company founded nine years ago in 2015. Employing sixteen people and holding assets of £1,829,847, it operates from a real address and is overseen by three directors and two owners. Its Google rating is a perfect 5.0 based on four reviews. The company is an irregular importer, primarily dealing in furniture, lighting, and prefabricated buildings, with just one month of import activity recorded as of July 2022.

The company’s website, Clements Group Construction, highlights its extensive experience in the construction industry, spanning over six decades. They offer a wide range of services, including construction, maintenance, development, shop fitting, and joinery. They cater to diverse sectors, from retail and office fit-outs to exhibitions and museums, showcasing a broad skillset. The website clearly positions them as a full-service construction provider, emphasizing both traditional skills and modern practices.

Financially, Clements Construction Ltd presents a mixed picture. Cash bank on hand fell by 26% to £290,000, while trade debtors surged by a staggering 140% to £1.1 million – suggesting potential issues with customer payments. Creditors also increased by 23% to £830,000. Despite this, net assets rose by 44% to £1.1 million, and the company’s bank borrowings increased by a significant 370% to £48,000. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) helps it remain flexible, but the increase in debt warrants attention. No auditor is mentioned, which is typical for companies of this size.

Overall, Clements Construction Ltd appears to be a well-regarded construction firm navigating a period of growth and change. While the increase in debt is a concern, the company’s strong reputation and diverse service offerings suggest it’s well-positioned for the future, but it’s important to monitor its financial health closely.

Registered in England/Wales under the registration number 09630365, with a registered address at EN3 4SA, England, Enfield, Middlesex, 19 Queensway.

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