R C BRICKWORK & CONSTRUCTION LTD
Executive Summary
R C Brickwork & Construction Ltd is a very small, newly incorporated construction company that ceased trading as of March 2024, reflecting limited operational activity and asset base. Within the competitive UK construction sector, it currently functions as a niche or micro player without scale or turnover to compare favorably to typical small construction firms. Sector dynamics such as economic pressures and regulatory costs likely contributed to its operational challenges and cessation of trading.
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This analysis is opinion only and should not be interpreted as financial advice.
R C BRICKWORK & CONSTRUCTION LTD - Analysis Report
Industry Classification
R C Brickwork & Construction Ltd is registered as a private limited company incorporated in 2022 and operates within the construction sector, as suggested by its name. However, the official SIC code filed is 99999, classifying it as a "Dormant Company," which usually indicates no significant trading activity. Given the company’s name and business description implied by its activities, it would typically fall under SIC codes related to construction of buildings (41) or specialized construction activities. The construction sector is characterized by project-based revenue, significant capital expenditure on equipment and materials, and exposure to economic cycles and regulatory compliance.Relative Performance
The company’s latest abridged accounts for the period ending 31 March 2024 show very limited operational activity. Fixed assets are nil, indicating no owned tangible assets at this point, with a significant reduction from £712 in the previous year. Current assets stand at £19,231, largely composed of debtors (£19,152), with minimal cash (£79). Current liabilities are £12,001, resulting in net current assets of £7,230 and net assets of the same amount. The presence of director loans (~£9,888 owed by the director) indicates reliance on internal financing. Compared to typical small construction companies, which often hold equipment and have turnover reflected in cash balances and trade creditors, this company shows minimal trading activity and no employee headcount. The lack of turnover disclosure and the note that the company ceased trading as of 31 March 2024 further confirm inactivity. For context, small construction firms generally have higher fixed assets to support operations and working capital reflective of ongoing projects.Sector Trends Impact
The UK construction sector has experienced volatility due to macroeconomic factors such as inflationary pressures on materials, labor shortages, and supply chain disruptions post-Brexit and post-pandemic. Small and micro construction businesses often face challenges in securing contracts and managing cash flow, especially start-ups or companies in early stages. The cessation of trading for R C Brickwork & Construction Ltd in March 2024 may relate to these sector-wide pressures, competitive tendering environments, or internal financial constraints. Additionally, regulatory requirements around health and safety, environmental impact, and building standards continue to impose operational costs that small players must manage carefully.Competitive Positioning
R C Brickwork & Construction Ltd appears to be a niche or new entrant with limited scale and no significant asset base or workforce, which positions it as a very small player in the construction sector. Its financials, showing a reduction in net assets and cessation of trading, indicate challenges in establishing competitive footing. Without turnover figures or evidence of contract wins, it lacks the scale or market presence of established small or medium-sized construction firms. The director loan indicates reliance on internal funding rather than external financing or operational cash flow. Compared to sector norms where firms invest in plant, machinery, and working capital to deliver projects, this company currently lacks these strengths. The company’s status as active but not trading may reflect a transitional phase or a strategic decision to pause operations.
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