Ldd Construction Limited

LDD Construction Limited, based in Woodford Green, UK, is a sizable construction company with an active status, established sixteen years ago. Employing 153 people and holding assets of £15.8 million, the company generated revenue of £47.9 million in the last reported year. It operates as a holding company, with four directors and one owner (though the owner list may not be exhaustive). The company boasts a respectable Google rating of 4.0 based on 19 reviews, and is registered at a virtual address where 743 companies are registered.

The company's core business is providing various construction services, specializing in diamond drilling, concrete cutting, passive fire stopping, and demolition. It operates within the “other specialised construction activities n.e.c.” industry. While its website isn's particularly detailed, it highlights a commitment to quality and safety.

A review of the company’s financial data reveals some concerning trends. While turnover increased by a substantial 84%, reaching £48 million, net assets have decreased significantly. Bank borrowings have increased considerably, and cash reserves have fallen sharply. Creditors, however, have decreased, suggesting some improvement in debt management. The company’s significant increase in administrative expenses, up 60%, is also notable. While the company meets two of three criteria to be considered a large company (turnover more than £36 million, balance sheet more than £18 million, employees more than 250), the decline in equity and cash reserves raises questions about its financial health. The lack of an auditor mentioned suggests the company is exempt from a full audit, relying on unaudited financial statements.

The company’s irregular import activity, primarily involving machinery, boilers, and mechanical appliances, is also worth noting. The last import operation occurred over two years ago. The company’s reliance on a virtual address, shared with hundreds of other businesses, could also present challenges in terms of operational transparency.

Registered in England/Wales under the registration number 06821067, with a registered address at IG8 8HD, United Kingdom, Woodford Green, Essex, 19-20 Bourne Court Southend Road.

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