Constructionlines Limited

Constructionlines Limited, based in Heanor, UK, is a medium-sized holding company with an active status. Founded eighteen years ago, in 2006, the company employs forty-eight people and holds assets valued at £11,946,233. With a yearly revenue of £30,046,776 and a real address, it’s managed by four directors and one owner. A perfect 5.0 Google rating from sixty-nine reviews suggests strong customer satisfaction. The company is an irregular importer, primarily dealing in stone, plaster, and cement, with its last import operation recorded just one month ago.

Constructionlines Limited operates as an agent involved in the sale of timber and building materials. While a website isn’t readily available, this suggests a B2B focus, likely supplying materials to construction sites or other businesses rather than directly to consumers. The company’s business model seems to center on sourcing and distributing building materials, potentially acting as a key link in the construction supply chain.

Financially, Constructionlines Limited presents a mixed picture. While turnover remained stable, net assets decreased by 10% to £6.6 million. Cash reserves took a significant hit, falling 21% to £3.2 million. Bank borrowings, however, were reduced by 73%, a positive sign. Creditors also decreased by 10%, indicating improved debt management. The company’s size—meeting two of three criteria for a medium company—allows for flexibility, but the decrease in equity warrants further investigation. The company's auditor is Gregory Priestley & Stewart. The lack of a detailed profit loss statement, as well as an exemption from reporting a strategic report, is typical for companies of this size.

Overall, Constructionlines Limited appears to be navigating a challenging market. While its strong Google rating and reduced bank borrowings are encouraging, the decline in net assets and cash reserves suggest potential pressures. The company’s future likely hinges on its ability to maintain its supplier relationships and adapt to changing market conditions.

Registered in England/Wales under the registration number 05863706, with a registered address at DE75 7JT, Heanor, Derbyshire, Constructionlines Limited Heanor Road, Loscoe.

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