M Downes Earthworks Ltd

M Downes Earthworks Ltd is a small, active holding company based in Tarporley, UK, founded nine years ago in 2015. With twelve employees and £1,093,260 in assets, it operates from a real address and is overseen by one director and owner. The company’s core business involves construction of civil engineering projects, site preparation, and specialized construction activities. It’s an irregular importer, with its top import category being machinery, boilers, and mechanical appliances; parts, with the last import operation made in 2021.

The company’s website highlights its services as groundworks and construction specialists, offering bespoke solutions for agricultural, equestrian, and industrial sectors. It also has a growing focus on renewable energy support, including battery storage and solar farms. Client testimonials, like the one from Anesco, underscore the company's reliability and expertise. The website also showcases a golf course construction project, demonstrating a diverse range of capabilities.

Financially, M Downes Earthworks Ltd has experienced some significant shifts. Current assets have decreased by 31% to £1,100,000, while net assets remain steady at £2,000,000. Bank borrowings have reduced by 19% to £100,000, and cash reserves have plummeted 68% to £100,000. Creditors have also decreased slightly, by 52%, suggesting a bit of improved debt management. The company meets the criteria for a small company, with turnover under £10.2m, assets under £5.1m, and fewer than 50 employees. Depreciation for plant machinery has decreased by 7%, and there has been a significant decrease in the value of motor vehicles. The company has elected not to include a copy of the profit and loss account within the financial statements.

Overall, M Downes Earthworks Ltd appears to be navigating a period of change, with reduced cash reserves and a decrease in assets. While the company’s core business seems to be performing well, the financial data suggests a need for careful management and possibly a review of operational efficiency.

Registered in England/Wales under the registration number 09805594, with a registered address at CW6 0EH, United Kingdom, Tarporley, Cheshire, Laurel Bank Cottage, Clotton.

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