Red Construction Group Limited

Red Construction Group Limited, based in Bedford, UK, is a holding company with an active status, established nine years ago in October 01, 2015. The company employs 132 people and holds £34,497,136 in assets. It has a real address and is overseen by five directors and three owners. Its Google rating is 3.0 based on eight reviews. The company is an irregular importer, primarily dealing with electrical machinery and equipment, with a recent import operation recorded in August 2024.

The company operates in the specialised construction activities industries, working directly with end-use clients and property asset owners as a specialist main contractor. It’s a holding company, and owns companies One Mep Ltd and Red Construction South West Limited. The company's website is not available, so it is difficult to determine if it's an e-commerce business.

Financially, Red Construction Group Limited shows some concerning trends. Accrued liabilities deferred income decreased by 36%, while accumulated depreciation impairment property plant equipment increased by 77%. Amounts owed by group undertakings dropped significantly by 82%, and amounts owed to group undertakings surged by 230%. Amounts recoverable on contracts increased by 30%, and the average number of employees grew by 30%. Cash bank on hand increased by 15%, and comprehensive income expense increased by 74%. Creditors decreased by 4.3%, and debtors decreased by 2.2%. Property plant equipment gross cost increased by 27%. While the company's net assets increased by 65%, this is partially offset by a significant increase in bank borrowings. The company's financial statements are audited by HW Bedford Limited. The company’s small size helps it stay agile, but the sharp equity drop raises questions.

Registered in England/Wales under the registration number 09802945, with a registered address at MK43 7ST, England, Bedford, Oakley House The Drive, Church Lane, Oakley.

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