Tanwood Construction Limited

Tanwood Construction Ltd from Leicester UK: a small, active company founded 29 years ago, employs 27 people, and holds £1,623,883 in assets. It’s a family-run operation with one director and owner, boasting a stellar 5.0 Google rating from four reviews. The company irregularly imports electrical machinery and equipment, with just one month of import activity recorded as of July 2020.

The company operates in the joinery installation industries, and its website, tanwoodconstruction.co.uk, showcases a portfolio of completed projects ranging from extensions and loft conversions to full-scale new builds. The site doesn's seem to offer e-commerce functionality; it's purely a showcase for their work, with contact information prominently displayed. It’s clear they focus on bespoke construction services rather than selling products online.

Financially, Tanwood Construction Ltd’s recent performance paints a mixed picture. Current assets increased by 50% to £1,600,000, a positive sign, but net assets only grew by 33% to £330,000. Cash reserves fell 44% to £250,000, and trade debtors increased dramatically by 380% to £820,000 – perhaps indicating a shift in payment terms or a few large, outstanding invoices. Bank borrowings also increased, and creditors rose by 74%, suggesting a greater reliance on external financing. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) helps it remain flexible, but the decrease in cash reserves is something to keep an eye on. As a small company, it's exempt from an audit, so the figures are unaudited.

Overall, Tanwood Construction Ltd seems to be holding its own, but the financial data suggests a need to manage cash flow carefully. The increase in debtors is something to monitor closely, and the decrease in cash reserves might indicate a period of increased investment or operating expenses.

The company operates in Construction → Joinery.

Registered in England/Wales under the registration number 03133088, with a registered address at LE8 4GZ, Leicester, Unit X1 Blaby Industrial Park, Winchester Avenue, Blaby.

WARNING: The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.
Ports, countries, transport, and price/kg were calculated by CorpSignals; non-official data, may contain errors.