Conneely Facades Limited

Conneely Facades Ltd, based in Stansted, UK, is a small, holding company with an active status, having been founded 19 years ago. Employing 11 people and holding assets of £4,621,085, it operates from a real address and is managed by four directors and three owners. The company currently has a 3.0 Google rating based on eight reviews. It regularly imports aluminum and aluminum products (23 months), but exports are irregular, with just one month of activity recorded back in 2019.

The company’s website describes Conneely Group as specialists in cladding remediation, drylining, fire testing, and recladding. They cater to the construction industry, offering services from investigation and design to remediation and quality control, with a focus on safety and integrity in building exteriors. The website highlights their quarter-century of experience and commitment to rebuilding public faith in the safety of UK infrastructure. They work with luxury apartments, housing associations, hotels, and educational institutions, and even boast recognition from the London Stock Exchange as a "Company to Inspire Britain."

Financially, Conneely Facades Ltd’s recent report shows some interesting trends. While net assets increased by 7.4% to £1,600,000, cash reserves saw a significant drop of 30% to £960,000. Bank borrowings surged by an impressive 2,400%, reaching £29,000, which could indicate investment in growth or increased reliance on credit. Creditors also increased by a substantial 210%, suggesting a need to manage supplier payments more closely. The company’s small size—meeting two of three criteria for being a small company—allows for agility, but the increased debt load is something to keep an eye on. No auditor is mentioned, which is typical for a company of this size.

The company’s focus on specialized cladding solutions and its long-standing reputation suggest a strong foundation, but the financial data indicates a period of transition. It will be interesting to see how Conneely Facades Ltd navigates the current economic climate and continues to build on its expertise in the construction sector.

Registered in England/Wales under the registration number 05661631, with a registered address at CM24 8BJ, England, Stansted, Braemar House, Water Lane.

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