Precast Concrete Solutions Limited

Precast Concrete Solutions Limited, based in Sandbach, UK, is a small, active family business established eighteen years ago. With six employees and £752,292 in assets, the company operates from a real address and is overseen by three directors and two owners. It functions as an irregular importer, primarily bringing in stone, plaster, and cement products, with recent activity recorded just two months ago. The company operates within the specialised construction activities industry.

The company’s website showcases a comprehensive range of precast concrete products and services, including ThermaBeam, Hollowcore, Wideslab, and various stair and lift shaft solutions. It offers design, supply, and installation services, emphasizing an end-to-end solution for clients. The website highlights the company’s expertise in structural topping, stud welding, and even offers a career section. It’s clear Precast Concrete Solutions is targeting construction professionals seeking reliable and comprehensive concrete solutions.

Financially, the company’s recent performance shows some concerning trends. Accumulated depreciation on motor vehicles decreased by 23%, but plant and machinery depreciation rose by 18%, suggesting changes in asset management. Bank borrowings decreased significantly by 31%, which is a positive sign, but cash reserves plummeted 65% to £81,000. Creditors also decreased, indicating better debt management. Despite a decrease in trade debtors, net assets fell by 52% to £220,000, which is a notable decline. The company’s small size (meeting two of three criteria for a small company) allows for agility, but the drop in equity raises questions about its financial health. As a small company, it's likely exempt from an external audit, meaning the figures are unaudited.

Overall, Precast Concrete Solutions Limited appears to be a well-established, niche player in the construction sector, but its recent financial results suggest it's facing challenges. The company's reliance on imported materials and the decrease in cash reserves could be contributing factors, and it will be interesting to see how it navigates these pressures in the coming year.

Registered in England/Wales under the registration number 06083760, with a registered address at CW11 1GY, Sandbach, Cheshire, 3 Offley Road.

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