J & D Pierce (contracts) Ltd.

J & D Pierce Contracts Ltd, based in Ayrshire, UK, is a substantial player in the structural steelwork industry. Established 28 years ago, the company is a holding company with an active status, employing 481 people and holding assets valued at £58,817,369. With six directors and one owner, it operates from a real address and boasts a respectable Google rating of 4.0 based on 10 reviews. The company regularly imports machinery, boilers, and mechanical appliances parts, with 106 months of import activity recorded.

The company’s website highlights its expertise in structural steel fabrication and erection, serving major construction projects across the UK. J & D Pierce specializes in design, fabrication, painting, and site erection, offering a complete in-house service. They operate two state-of-the-art production facilities, providing clients with resource and adaptability. Their projects range from bridges and cladding to safety netting and transport plant, with notable works including the Eastbrook Studios and Silverstone Bridge.

Financially, J & D Pierce shows some interesting trends. Accrued liabilities increased by 11%, while deferred income also rose. However, accumulated amortisation and depreciation on property, plant, and equipment increased significantly, indicating investment in assets. Administrative expenses decreased by a substantial 25%, suggesting better cost management. Cash bank on hand, however, plummeted by a staggering 99.9%, leaving a mere £12.00—a concerning drop. Bank borrowings are zero, and current assets are down slightly at £59 million. Turnover decreased by 51%, and net loss increased from £16 million to £11 million. The company’s large size (meeting two of three criteria for a large company) and substantial asset base suggest a significant operation. The company's auditor is Moore Kingston Smith LLP.

Despite these financial shifts, J & D Pierce remains a key player in the structural steelwork sector, with a strong track record and a commitment to innovation. The decrease in cash reserves warrants close monitoring, but the company’s established reputation and diverse project portfolio suggest resilience.

Registered in Scotland under the registration number SC174690, with a registered address at KA14 3DA, Ayrshire, Unit 14, Caledonian Road, Glengarnock.

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