Loughton Contracts Plc

Loughton Contracts Plc from Loughton UK is a large, holding company with an active status, founded 32 years ago. The company employs 109 people and holds £20,428,414 in assets. It has a real address, five directors, and one owner, boasting a perfect 5.0 Google rating based on 16 reviews. The company regularly imports carpets and textile floor coverings, with 18 months of import activity recorded.

The company operates in the floor and wall covering, and other specialised construction activities n.e.c. industries. Its website is not available for review.

Financially, Loughton Contracts Plc presents a mixed picture. Current assets have decreased by 9.8% to £20 million, while net assets remain steady at £11 million. Bank borrowings have fallen significantly by 40% to £890,000, and cash reserves have also decreased by 13% to £890,000. Creditors have decreased by 9.1% to £6.6 million, suggesting improved debt management. The company meets two of three criteria to be considered large, with a turnover over £36 million, balance sheet over £18 million, and over 250 employees. The accounts were audited by Moore Kingston Smith LLP.

The decrease in current assets and cash reserves could indicate tighter margins or increased investment in working capital. The reduction in bank borrowings is a positive sign, suggesting improved financial flexibility. The fact that the company is a holding company, with a single owner, could mean that it is part of a larger group, but further information is needed to confirm this.

Registered in England/Wales under the registration number 02752811, with a registered address at IG10 3FL, United Kingdom, Loughton, Essex, 8&9 Loughton Business Centre, 5 Langston Road.

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