Kanes Construction Limited

Kanes Construction Limited, based in Dungannon, UK, is a small, active company established 21 years ago. Employing 15 people, the firm holds £4,181,073 in assets and operates from a real address. With four directors and one owner, the company enjoys a perfect 5.0 Google rating based on 26 reviews. It’s an irregular importer of iron or steel products, with recent activity recorded just two months ago.

The company’s website details a broad range of services, from residential driveways and patios to large-scale commercial projects like road surfacing and playground construction. It’s clear they cater to both homeowners and local councils, emphasizing quality workmanship and a customer-first approach. They even work with Surrey and West Sussex councils, a testament to their reputation. The website also highlights their ISO 9001 and Construction Line accreditations, reassuring customers of their commitment to standards. They’re not just builders; they’re surfacing specialists, offering everything from tarmac and resin driveways to tennis court construction.

Financially, Kanes Construction Limited presents a mixed picture. Current assets have increased by a solid 33% to £4,200,000, while net assets have jumped 41% to £4,400,000. However, bank borrowings have risen by a significant 27% to £290,000, and cash reserves have fallen 16% to £1,200,000. Trade debtors have also increased substantially, up 91% to £1,700,000, which could indicate challenges in collecting payments. The company’s small size—meeting two of three criteria for a small company—allows for flexibility, but the increase in debt warrants attention. With no auditor mentioned, the figures are unaudited.

Overall, Kanes Construction Limited seems to be growing, but the increased debt and higher trade debtors suggest a need to manage cash flow effectively. Their strong reputation and diverse service offerings position them well for continued success, but careful financial management will be key.

Registered in Northern Ireland under the registration number NI049216, with a registered address at BT70 3BT, Dungannon, County Tyrone, 26 Dernanaught Road.

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