Dragonfly Contracts Limited

Dragonfly Contracts Ltd, based in Manchester, UK, is a small, active company founded nineteen years ago in 2005. With eighteen employees and £1,478,389 in assets, it’s a well-established player in the construction sector. The company is led by two directors and a solo founder, Joseph William McKenna, and boasts a perfect 5.0 Google rating from ten reviews. It regularly imports furniture, lighting, and prefabricated buildings, with its last import operation recorded seven months ago in June 2023.

The company's website showcases a comprehensive suite of services: design, construction, and furniture supply, catering to commercial, hospitality, and residential clients. Dragonfly Contracts positions itself as a partner, offering end-to-end solutions with a personal touch. It’s clear they’re aiming for a premium service, emphasizing innovation, sustainability, and expert craftsmanship. Their portfolio highlights impressive projects, including city suites, hospitality spaces, and residential developments—a testament to their design and construction capabilities.

Financially, Dragonfly Contracts Ltd presents a mixed picture. While current assets increased by a significant 170% to £1,500,000, net assets have increased by 270% to £43,000. Cash bank on hand has seen a massive increase of 300,000% to £500,000, a very positive sign. However, creditors have also increased substantially by 90% to £1,900,000, and trade debtors have risen by 81% to £980,000, suggesting a reliance on credit. Bank borrowings have decreased by 78% to £23,000. The company meets two of three criteria to be classified as a small company, and with no auditor mentioned, the figures are unaudited. The significant increase in liabilities, while concerning, could reflect investments in growth or expansion. The increase in cash reserves is a very positive sign.

Registered in England/Wales under the registration number 05488395, with a registered address at M24 4PW, England, Manchester, Barbers Arms 594 Manchester Old Road, Middleton.

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