Renaker Build Limited

Renaker Build Ltd, based in Manchester, UK, is a large, active company founded 16 years ago. Employing 365 people and boasting £98.652 million in assets, the company generated £265.391 million in revenue last year. It's a solo-founded operation with one director and owner, Whitaker Daren, and maintains a real address with five other companies registered at the same location. The company has a solid 4.0 Google rating from 27 reviews and regularly imports ceramic products, with 42 months of import activity recorded, the last in November 2024.

Renaker Build Ltd is a dynamic property developer focused on creating new neighbourhoods across Manchester. Its website showcases a portfolio of completed and ongoing residential developments, ranging from apartment complexes like "Anacoda Cut" to townhouses and duplexes. The company emphasizes aspirational living, desirable locations, and a commitment to sustainability and community placemaking. They offer a range of services, including design, build, and sales, targeting both private buyers and build-to-rent investors. The website also highlights the company’s strong reputation and proven track record in delivering successful projects.

Financially, Renaker Build Ltd presents a mixed picture. While turnover increased by 16% to £270 million, cash reserves fell by 21% to £16 million. Bank borrowings increased by 23% to £29 million, and net assets decreased by 13% to £37 million. Trade debtors increased by 15% to £48 million, suggesting potential challenges in collecting payments. Creditors decreased by 11% to £34 million. The company's large size (meeting two of three criteria for a large company) and high revenue indicate a significant operation, but the decline in cash and increase in debt warrants closer attention. The company’s financial statements were audited by Grant Thornton UK LLP.

Despite these financial pressures, Renaker Build Ltd appears to be a well-established player in the Manchester property market, with a focus on high-quality developments and a commitment to creating vibrant communities. The company’s strong reputation and ongoing projects suggest a resilient business model, but the need to manage debt and maintain cash flow will be crucial for its long-term success.

Registered in England/Wales under the registration number 06600257, with a registered address at M4 6BB, Manchester, Lancashire, 1st Floor, Nq Building 47 Bengal Street.

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