Nationwide Concreting Limited

Nationwide Concreting Ltd from Southampton UK is a large company holding company with an active status. Founded fourteen years ago in 2010, it employs twenty people and holds £7,590,927 in assets. The company operates from a virtual address, a detail that’s a little odd given that 542 companies are registered at the same location. It’s managed by two directors and has one owner, and boasts a perfect 5.0 Google rating based on eight reviews. The company is an irregular importer of iron or steel products, with just one month of imports recorded as of July 2022.

Nationwide Concreting Ltd specializes in industrial concrete flooring and finishing, providing services across the UK. Its website details a full concrete flooring installation service, including laser concrete floors, yard slabs, and high-tolerance installations. They work with various sectors, including agricultural, commercial, defence, industrial, and retail. The company also highlights a partnership with PrimX, aiming to reduce CO2 emissions. Case studies showcase projects for Aston Martin F1, BAM Construction, and IKEA, demonstrating a proven track record of over forty years of experience. The company’s website also mentions a commitment to state-of-the-art precision PowerFloats and calibrated laser screeding technology.

Financially, Nationwide Concreting Ltd shows some concerning trends. While turnover increased by a substantial 44%, reaching £27 million, net assets declined by 22% to £2.3 million. Bank borrowings decreased by 23% to £440,000, but cash reserves increased significantly by 280% to £970,000. Creditors rose by 75%, reaching £5.2 million, which could indicate increased reliance on short-term financing. Staff costs also increased by 42%, reflecting the company's growing workforce. The company’s administrative expenses increased by 44% as well. The lack of a mention of an auditor suggests that the company is exempt from an audit, relying on unaudited statements.

Overall, Nationwide Concreting Ltd appears to be a successful, albeit growing, business, but the increase in creditors and decrease in net assets warrants closer scrutiny. The company’s focus on high-quality concrete flooring and its established reputation suggest a strong foundation, but managing its financial obligations will be key to its continued success.

Registered in England/Wales under the registration number 07358379, with a registered address at SO14 3TJ, United Kingdom, Southampton, Hampshire, Tagus House, 9 Ocean Way.

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