J. Reddington Ltd

J. Reddington Ltd from Borehamwood UK: a large company, holding company, active status, founded 28 years ago, 288 employees, £101,433,000 assets, yearly revenue: £353,102,000, virtual address, 4 directors, 1 owner, google rating 5.0 based on 1 reviews. Regular importer of machinery, boilers, and mechanical appliances; parts (4 months imported). J. Reddington Ltd operates as a construction firm, providing civil engineering and specialist construction solutions across the UK. The company also owns Stanborough Leisure Limited and has a subsidiary involved in property development. The website highlights a focus on prime residential and commercial markets, as well as mixed-use and public sector projects.

The company’s website, JRL Group, emphasizes integrated construction solutions, incorporating eight key divisions. It stretches from underground work to high-rise construction, offering a full-service approach. Safety is a core value, with a “Plan Safe Work Safe” vision driving operations. The group delivers projects ranging from groundworks to crane sales, leveraging a wide range of expertise. The ethos is to build lasting relationships with clients.

Financially, J. Reddington Ltd shows some concerning trends. Current assets dropped significantly by 33%, down to £100 million, while net assets also decreased, falling to £43 million. Bank borrowings decreased by 22%, to £59 million, and cash reserves also declined, down to £14 million. However, administrative expenses increased by 27%, reaching £13 million. The company’s large size (meeting two of three criteria for a large company) and a turnover of £350 million suggest a substantial operation, but the decline in assets and cash warrants attention. The company’s auditor is MHA, and the financial statements were prepared using FRS 102. Despite these changes, the company is still active and profitable.

Registered in England/Wales under the registration number 03228216, with a registered address at WD6 1RN, Borehamwood, Herts, 4 Elstree Way.

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