Errigal Contracts Limited

Errigal Contracts Limited, based in London, UK, is a holding company with a 24-year history and an active status. Employing 201 people and managing assets worth £66,977,290, the company operates from a real address at 8 Oliver Avenue, South Norwood. Three directors and one owner guide the business, which maintains a 2.0 Google rating from four reviews. Errigal regularly imports aluminum and aluminum products (for three months, with the last import in December 2024) and exports iron or steel products (for four months, last export in August 2023).

The company’s website paints a picture of a construction specialist, offering services ranging from partition systems and facade work to interior fitouts and bespoke solutions. It boasts a dedicated manufacturing facility and regional offices across Ireland, the UK, and Europe. Errigal emphasizes its commitment to design, research and development, and recladding services, catering to both commercial and residential projects. The company’s website also highlights a family culture centered on care, support, and trust, with a focus on investing in young people pursuing trades within the industry.

Financially, Errigal Contracts Limited presents a mixed picture. While current assets grew by 19% to £67 million, net assets increased by 23% to £38 million. However, bank borrowings surged by a remarkable 480%, reaching £5 million—a significant increase. Cash reserves experienced a substantial 66% drop to £2.7 million. Trade debtors increased by 40%, suggesting potential delays in customer payments. Creditors, however, decreased by 22%, indicating improved debt management. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) helps it stay agile. The accounts are unaudited, and no auditor is mentioned.

The company’s increased reliance on borrowing, despite growing assets, suggests a possible need for careful financial management. The focus on design and development, along with the emphasis on young talent, could be a strategic move to secure long-term growth—but the financial pressures are evident.

Registered in England/Wales under the registration number 04038368, with a registered address at SE25 6TY, London, 8 Oliver Avenue, South Norwood.

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