Northfield Construction Limited

Northfield Construction Ltd, based in Newstead Village, UK, is a large construction company with an active status, celebrating 25 years since its founding in 2000. Employing 56 people, the company holds assets worth £3,277,484 and generates an impressive £21,230,373 in yearly revenue. With a real address and a Google rating of 4.0 from 12 reviews, it's a well-regarded player in its field. The company is led by three directors and one owner, Duncan Oughton, and audited by Barnett & Turner Accountants Ltd.

Northfield Construction specializes in reinforced and slip-formed concrete construction, acting as a national subcontractor. Their website showcases a portfolio of high-profile projects, including the Jubilee Campus at Nottingham University, the Manchester Airport Control Tower, and luxury apartment blocks in Sheffield. The company’s expertise extends to complex structures like cycloid-shaped roofs and challenging site conditions, demonstrating a commitment to technical excellence. They even offer disaster recovery services for damaged pianos – a surprising, and perhaps unrelated, venture.

Financially, Northfield Construction’s recent performance presents a mixed picture. Creditors decreased significantly by 54%, which is a positive sign, suggesting improved debt management. However, net assets took a hit, dropping 17% to £2,500,000. Bank borrowings also decreased, by 35%, to £370,000. Cash reserves fell 9.4% to £1,600,000. The company's turnover increased by 16%, reaching £21,000,000, indicating strong business activity. The company is a irregular importer, with its top import category being Iron or Steel Products, totaling 2 months of imports. The company is a irregular exporter, with its top export categories including Machinery, boilers, and mechanical appliances; parts, totaling 1 of months exports.

The decrease in net assets could be due to increased investment in projects or equipment, or it could indicate a need for closer monitoring of equity. The company’s size (meeting two of three criteria for a large company) allows for flexibility, but the fluctuating financials warrant attention. It’s likely that the company is investing heavily in its diverse portfolio of projects, which is a good sign for long-term growth, but the figures should be watched closely.

Registered in England/Wales under the registration number 03909595, with a registered address at NG15 0BS, Newstead Village, Nottinghamshire, Northfield House, Tilford Road.

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