Collins Construction Ltd

Collins Construction Ltd, based in Croydon, UK, is a sizable company with a 69-year history, currently employing 167 people. The company holds assets worth £46.8 million and generates an annual revenue of £124.1 million. It operates as a holding company with an active status, managed by eight directors and two owners. Notably, it’s an irregular importer of machinery, boilers, and mechanical appliances, with its last import operation occurring in July 2022.

Collins Construction is a large company, meeting two of three conditions: turnover exceeding £36 million, balance sheet total exceeding £18 million, and an average number of employees exceeding 250. The company specializes in commercial fit-out and refurbishment, operating primarily in the commercial office and leisure sectors. They offer services ranging from workplace fit-outs to healthcare and education projects, catering to clients seeking to transform their properties. The website details their approach, emphasizing collaboration, sustainability, and quality management. They’re a preferred supplier for Merlin Group and have delivered numerous projects for them.

The company’s financial picture presents a mixed bag. While revenue remained stable at £124.1 million, net assets decreased by 14% to £47 million. Cash and cash equivalents dropped by 16% to £11 million. Borrowings increased by 12% to £15 million, indicating a reliance on external financing. Creditors decreased by 10%, suggesting improved debt management. The company’s average number of employees decreased by 10% to 150. The lack of an auditor is not unexpected given the company’s size.

The company’s irregular import activity suggests a need for specialized equipment or components not readily available domestically. The decrease in cash reserves and increase in borrowings could reflect investments in new projects or equipment, but it also warrants close monitoring. The company’s continued focus on commercial fit-out and refurbishment, combined with its established relationships with key clients, positions it for continued success—though careful financial management will be crucial.

Registered in England/Wales under the registration number 00560487, with a registered address at CR0 0XT, Croydon, Surrey, No. 1 Croydon, 12-16 Addiscombe Road.

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