Platt Construction Limited

Platt Construction Ltd from Chester, UK, is a small, active company founded 39 years ago. With eight employees and £524,394 in assets, it’s a well-established business. The company is led by two directors and a solo founder, though the owner list was changed seven years ago. It’s considered a virtual address, as 369 companies are registered at the same location. Platt Construction is an irregular importer, bringing in wood and wood products, with the last import operation occurring in March 2022.

The company specializes in tennis court and padel court construction, operating primarily in Chester, Cheshire. Its website details experience spanning over thirty years, building and resurfacing all-weather tennis courts and sports surfaces, including macadam, synthetic grass, acrylic, and polymetric courts. They also install practice walls, sports fencing, and floodlighting schemes. Platt Construction is a member of the Sports and Play Contractors Association and works to LTA consultant specifications.

Financially, Platt Construction Ltd shows a mixed picture. Current assets increased by 18% to £520,000, while net assets grew 17% to £420,000. Bank cash increased by 38% to £240,000, a positive sign. However, creditors also rose by 5.3% to £240,000, and corporation tax payable increased significantly by 100% to £40,000. The company’s small size (meeting two of three conditions for a small company) helps maintain agility. Depreciation on plant machinery decreased by 13%, and the company’s turnover is under £10.2 million. The company is exempt from an audit.

Overall, Platt Construction Ltd seems to be in a stable position, although the increase in tax payable and creditors warrants monitoring. The company’s focus on a niche market—tennis and padel court construction—and its long-standing experience should help it continue to thrive.

Registered in England/Wales under the registration number 01995656, with a registered address at CH4 9QP, United Kingdom, Chester, Cheshire, 2 Hilliards Court, Chester Business Park.

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