ONYX CONTRACTING GROUP LTD

Executive Summary

ONYX CONTRACTING GROUP LTD is a recently incorporated, dormant private limited company positioned within the UK construction sector specializing in roofing, joinery, and domestic building development. Currently, it shows no operational activity or financial performance, placing it as a potential new entrant rather than an active competitor. Industry trends such as growing residential demand and supply chain pressures could shape its future prospects once trading commences.

ONYX CONTRACTING GROUP LTD - Analysis Report

Company Number: 14001803

Analysis Date: 2025-07-29 20:32 UTC

1. Industry Classification

ONYX CONTRACTING GROUP LTD operates primarily within the construction sector, with SIC codes indicating activities in roofing (43910), joinery installation (43320), domestic building construction (41202), and building project development (41100). These sub-sectors are typically characterised by project-based work, reliance on skilled trades, and exposure to economic cycles affecting construction demand. Roofing and joinery installation are specialist trades within broader construction activities, often requiring a combination of technical skills and compliance with building regulations. Domestic building and project development involve coordination of multiple trades and regulatory approvals, positioning the company within a multifaceted construction services environment.

2. Relative Performance

As a dormant company since incorporation in March 2022, ONYX CONTRACTING GROUP LTD has no recorded turnover, minimal assets, and no employees. Its financial statements show nominal current assets of £1 and net assets of £1, reflecting no trading activity to date. Compared with typical metrics in the construction sector—where small to medium enterprises often report turnover in the hundreds of thousands to millions of pounds and employ skilled labour—ONYX currently does not demonstrate operational performance. Industry benchmarks for small construction firms include positive working capital, active order books, and ongoing project revenues, none of which are evident here. Therefore, the company is not yet measurable against standard industry performance indicators.

3. Sector Trends Impact

The UK construction industry is currently influenced by several trends: increased demand for residential construction driven by housing shortages, a growing emphasis on sustainable building practices and energy efficiency, supply chain constraints affecting materials availability, and labour shortages impacting project timelines and costs. Additionally, rising interest rates and inflationary pressures are affecting project financing and consumer demand. For a company like ONYX CONTRACTING GROUP LTD engaged in roofing, joinery, and domestic building projects, these trends imply both opportunities—such as retrofit and new build demand—and challenges, including cost control and securing skilled tradespeople. However, as the company is dormant, it has not yet engaged with these market dynamics.

4. Competitive Positioning

Without trading history, ONYX CONTRACTING GROUP LTD currently occupies a nascent position in its industry, effectively a start-up or pre-operational entity. It is not a leader or established follower but rather a potential future entrant. The construction sector is highly fragmented with numerous small contractors competing for local projects, often relying on reputation, quality of workmanship, and client relationships. ONYX’s limited financial footprint and lack of operational data mean it has no measurable competitive strengths such as economies of scale, brand recognition, or a diverse client base. Its weaknesses include absence of revenue, workforce, and working capital necessary to sustain project activities. Moving forward, its success will depend on establishing a market presence, securing contracts, and navigating sector-specific challenges.