T Vaughan Plant Limited

T Vaughan Plant Limited, based in Purfleet, UK, is a small, active company founded ten years ago in 2015. With a single employee and £2,880,286 in assets, it’s a solo founder operation led by a director and owner, Vaughan Thomas. The company boasts a stellar 5.0 Google rating from 17 reviews and operates from a real address shared by two other businesses. It's a regular importer of iron or steel products, having imported for five months, with the latest operation in September 2023.

The company specializes in groundworks, reinforced concrete construction substructures, and all associated works. Its website details a network of locations across London and the surrounding area, suggesting a diverse range of projects. It caters to both residential and hotel developers, providing complex groundworks solutions, including basement construction and retaining walls. Testimonials highlight the company’s reliability, technical knowledge, and ability to deliver projects on time and within budget. The website also showcases a portfolio of completed works, demonstrating its expertise in various construction projects.

Financially, T Vaughan Plant Limited presents a mixed picture. While current assets increased by a substantial 59% to £2.9 million, cash bank on hand experienced a significant drop of 25% to £880,000. Trade debtors surged by an impressive 210% to £2 million, potentially indicating increased sales but also a risk of delayed payments. Conversely, creditors decreased by 40%, suggesting improved debt management. Property, plant, and equipment remained stable, however, accumulated depreciation impairment property plant equipment increased by 30%. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for agility, but the increase in corporation tax payable by 570% to £280,000 is a cause for concern. With no auditor mentioned, the unaudited figures rely on director-reported data.

In summary, T Vaughan Plant Limited appears to be a well-regarded construction firm experiencing typical growth pains. The increase in debtors and corporation tax payable, however, warrants close monitoring—but overall, the company seems to be navigating its growth trajectory with competence.

Registered in England/Wales under the registration number 09387075, with a registered address at RM19 1SR, England, Purfleet, Thomand House, Beacon Hill Industrial Estate, Botany Way.

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