Radius Construction Limited

Radius Construction Limited, based in Hadleigh, Benfleet, UK, is a small, active family business established seven years ago. With seven employees and £2,158,322 in assets, it operates from a virtual address shared by 179 other companies. The company is led by three directors and three owners, and it’s an irregular importer, primarily bringing in furniture, lighting, and prefabricated buildings—the last shipment arriving in June 2024.

The company’s website highlights its focus on bespoke fitouts and creative solutions, specializing in suspended ceilings and drylining. It emphasizes a proven track record of delivering high-quality spaces and a culture of creativity and challenging the norm. It’s clear Radius Construction is aiming to provide tailored construction services, rather than a broad range of offerings.

Financially, Radius Construction Limited shows a mixed picture. Current assets have increased by a substantial 88%, reaching £2,200,000, while net assets have more than doubled to £890,000. Bank borrowings have decreased significantly by -39%, and cash reserves have grown by a remarkable 390%, sitting at £1,400,000. Creditors have also increased by 49%, and trade debtors have more than doubled. The company’s small size—meeting two of three criteria for a small company—allows for flexibility, but the increase in creditors suggests a need to manage supplier payments more closely. No auditor is mentioned, likely due to the company’s small size and exemption from an audit. It's worth noting that the company’s net losses have deepened to -£23,000, which could be a concern.

Registered in England/Wales under the registration number 10926448, with a registered address at SS7 2QL, United Kingdom, Hadleigh, Benfleet, Essex, Broom House, 39/43 London Road.

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