Midwest Construction Limited

Midwest Construction Limited, a family business based in London, UK, is a sizable player in the construction industry, having operated for fifteen years. Employing sixteen people and boasting assets of £6,733,799, the company generated a revenue of £31,410,452 in the last year. It’s a real address, managed by two directors and two owners, with a solo founder at its core. A 4.0 Google rating from four reviews suggests a positive customer experience. The company regularly imports iron or steel products, and occasionally exports vehicles, parts, and accessories.

The company’s website paints a picture of a diversified construction specialist. Founded in 1977, Midwest Construction has evolved into a leading provider of precast concrete manufacture, concrete frame construction, civils, groundworks, and plant hire. It operates through several divisions, including Midwest Precast and Midwest Civil Engineering, and even has a presence in high-end piano restoration through its 1066 Pianos division, showcasing a surprising breadth of operations. The website highlights its commitment to quality and British craftsmanship, with a focus on precast concrete solutions and a showroom in Harrods.

Financially, Midwest Construction Limited shows a mixed picture. While turnover increased by a respectable 10%, profits plummeted by 61%, dropping to £360,000. Current assets have decreased by 42%, falling to £6.7 million, and bank borrowings have increased by 92%, reaching £76,000. However, accrued liabilities have decreased significantly, suggesting better management of short-term debts. The company is classified as large, having met two out of three criteria for size. The lack of auditor information suggests that the financial statements are unaudited.

Overall, Midwest Construction Limited appears to be navigating a period of change. While revenue growth is positive, the significant drop in profits raises concerns. The company’s diverse operations, from construction to piano restoration, could provide resilience, but it’s unclear if they are mutually supportive.

Registered in England/Wales under the registration number 07074661, with a registered address at NW9 8TZ, London, Middlesex, Psb Accountants Ltd Jubilee House, Townsend Lane.

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