Roofing & Cladding Materials Limited

Roofing Cladding Building Ltd, based in Southampton, UK, is a well-established company with a strong presence in the construction industry. Founded twenty years ago, it’s a sizable operation, meeting two of three criteria to be considered large: turnover exceeding £36 million and balance sheet total over £18 million. The company employs thirty-three people and holds assets worth £9 million. Yearly revenue sits at a substantial £23.3 million. It operates from a real address and is managed by four directors, with one owner. The company has a perfect 5.0 Google rating based on two reviews.

Roofing Cladding Building Ltd specializes in roofing, cladding, and building solutions, catering to commercial and industrial clients. Its website showcases a wide range of services, from composite roof walls to structural framing systems, and even includes ancillary products. The company actively imports and exports stone, plaster, and cement, with a long history of import activity (189 months) and recent export activity (5 months). It’s clear they’re a specialist, with a focus on quality workmanship and a commitment to accreditation, boasting memberships in organizations like the National Federation of Roofing Contractors and awards for health and safety.

Financially, the company appears to be growing, with comprehensive income expense increasing by 57% to £3.2 million. Turnover also increased by 6% to £23 million. However, there are some concerning trends. Cash bank on hand decreased by 37% to £2.3 million, and net assets declined by 10% to £6.1 million. Bank borrowings surged by a significant 2,400%, reaching £29,000—a dramatic increase that warrants further investigation. Creditors also decreased by 18%, suggesting better debt management. The company’s administrative expenses increased by 19% to £4.6 million, which could be a result of its growth. The company’s auditor is WR Partners, and the financial statements are audited.

Overall, Roofing Cladding Building Ltd seems to be a thriving company, but the sharp increase in bank borrowings and decrease in cash reserves should be monitored closely. The company's focus on quality, accreditation, and a wide range of services positions it well for continued success, but careful financial management will be essential to navigate potential challenges.

Registered in England/Wales under the registration number 05155573, with a registered address at ST4 4BT, England, Stoke-On-Trent, Lonsdale Chambers, Lonsdale Street.

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