Kane Group Building Services Ltd

Kane Group Building Services Ltd, based in Banbridge, Northern Ireland, is a large, active company founded 21 years ago. Employing 262 people and holding £26,254,814 in assets, it operates as a holding company with five directors and one owner. The company boasts a perfect 5.0 Google rating from seven reviews. It’s an irregular importer of machinery, boilers, and mechanical appliances, with its last import operation occurring two months ago, and an irregular exporter of iron or steel products, with the last export operation made one month ago.

The company's website highlights its expertise in designing, developing, and delivering building services solutions across the UK and Ireland. Kane Group emphasizes a strong heritage, a 250-person team, and offices spanning Northern Ireland, London, Birmingham, Glasgow, and the Republic of Ireland. The site also promotes its commitment to sustainability, Virtual Design Construction (VDC), and offsite opportunities, showcasing projects for clients like Claridge’s Hotel and Premier Inn.

Financially, Kane Group Building Services Ltd presents a mixed picture. While current assets increased by 25% to £26,000,000, net assets decreased by 11% to £12,000,000. Bank borrowings increased significantly, reaching £2,300,000, and cash reserves fell 7%, dropping to £5,600,000. Creditors increased by 46%, reaching £16,000,000. The company’s size—meeting two of three criteria for a large company—suggests a stable business, but the decline in equity warrants attention. The company’s accounts were audited by Moore (N.I.) LLP. Despite the growth in assets, the increase in liabilities and decrease in equity indicates the company is burning through money. It’s likely the company is investing heavily in growth and expansion, but careful management of debt will be crucial for long-term stability.

Registered in Northern Ireland under the registration number NI047173, with a registered address at BT32 3QD, Northern Ireland, Banbridge, Co Down, Unit 18 - 19 Scarva Industrial Estate, Scarva Road.

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