Clive Charles Construction Limited

Clive Charles Construction Ltd from St Albans UK: a small, active company founded 13 years ago, employs eight people, and holds £987,204 in assets. It's a family business with two directors and two owners, boasting a respectable 4.0 Google rating from three reviews. The company regularly imports furniture, lighting, and prefabricated buildings – a trend spanning 18 months, with the most recent import in January 2023.

The company operates in the super prime refurbishment market, delivering quality with efficiency and pride. Clive Charles is a proven contractor with over 35 years of experience, working on projects ranging from listed buildings to contemporary residences throughout London and the UK. The company maintains close relationships with clients and teams, striving to exceed expectations from concept to completion.

Looking at the financial data, Clive Charles Construction Ltd shows some concerning trends. Accumulated depreciation has risen significantly – a 60% increase for plant machinery. Bank borrowings have also increased, jumping 8.8% to £7,500, while cash reserves have fallen by a substantial 66% to £83,000. Creditors have also increased, rising 65% to £890,000. On a brighter note, debtors have increased dramatically – a 180% jump to £900,000. The number of employees has decreased by 25% to six. It’s a small company, meeting two of three criteria for size (turnover under £10.2m, assets under £5.1m, fewer than 50 employees).

The company’s financial situation suggests it may be burning through cash, although the increase in debtors could indicate a period of rapid growth. The lack of an auditor mentioned likely means the figures are unaudited. The company’s focus on high-end refurbishment and its family-run nature could be strengths, but the declining cash reserves warrant close monitoring.

Registered in England/Wales under the registration number 07672200, with a registered address at AL2 2NG, United Kingdom, St Albans, Clive Charles Construction Limited 31a Frogmore, Park Street.

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