Florcon Limited

FlorCon Developments Ltd, based in Newton Abbot, UK, is a small, active house developer established seventeen years ago. The company, with a single employee and £1,486,352 in assets, operates from a virtual address shared by forty-nine other companies—a bit unusual. It’s led by two directors, with Arnold Rodney Malcom acting as both owner and sole director. The company’s focus is on building new homes, as evidenced by its website, which highlights a commitment to traditionally constructed contemporary designs and a hands-on team of craftsmen. They even encourage potential buyers to view properties during construction to assess the quality of their work.

The company’s website, FlorCon Developments Ltd, details a focus on new home construction and offers a downloadable PDF showcasing "The Rookery" development. The site also includes contact information and emphasizes a dedication to quality, with the owner, Rodney Arnold, boasting over fifty years of construction experience. It’s a local operation, clearly aiming to build a reputation for quality and craftsmanship within the Devon area.

Financially, FlorCon Developments Ltd presents a mixed picture. Cash bank holdings have drastically decreased by 78%, falling to £140,000—a significant drop. Trade debtors have soared by 320%, reaching £530,000, which could indicate delayed payments or an expansion of credit terms. However, creditors have also fallen by 44%, suggesting improved debt management. The company's size—meeting two of three criteria for a small company—allows for agility, but the sharp decline in cash reserves is a concern. While no auditor is mentioned (likely exempt due to its small size), the unaudited accounts provide a snapshot of its current financial standing. It seems that the company is struggling to keep up with its debts.

Registered in England/Wales under the registration number 06461678, with a registered address at TQ12 4AA, England, Newton Abbot, Devon, Wessex House, Teign Road.

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