Heneghan & Sons Limited

Heneghan & Sons Limited, based in Leeds, UK, is a sizable company with an active status, having been established 23 years ago in April 2002. The company, a holding company, employs 43 people and holds assets totaling £18,686,166. With five directors and one owner, it operates from a real address and maintains a Google rating of 3.0 based on 25 reviews. The company is an irregular importer, primarily dealing with electrical machinery and equipment, with the last import operation occurring over a year ago.

Heneghan & Sons Limited specializes in civil engineering, utilities, and housebuilding services. Their website highlights expertise in preparing spaces for construction and infrastructure, including fibre connectivity installation—a partnership with Virgin Media and CityFibre. They even boast about laying cabling across the UK north, connecting homes and businesses. The company’s website also details their work in site preparation and installation of critical infrastructure.

Financially, Heneghan & Sons Limited presents a mixed picture. While turnover increased by a substantial 73% to £32 million, net assets decreased by a significant 41% to £7.8 million. Cash reserves fell by 34% to £7.4 million, and bank borrowings increased by a dramatic 2,400% to £5.1 million. Despite these challenges, creditors decreased by 27%, suggesting improved debt management. The company meets two of three criteria to be considered large, with turnover exceeding £36 million, balance sheet total exceeding £18 million, and employees exceeding 250. The company’s auditor is B M Howarth Ltd.

The increase in turnover suggests growing demand for their services, but the decline in cash reserves and the surge in bank borrowings raise concerns about the company's liquidity. The decrease in net assets, while worrying, could be due to investments in infrastructure or expansion. The company’s reliance on partnerships with major players like Virgin Media and CityFibre provides a stable revenue stream, but the increased debt levels will need to be carefully managed.

Registered in England/Wales under the registration number 04416972, with a registered address at LS11 8JT, England, Leeds, Unit 3 Landmark Court.

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