R&J PLASTERING LIMITED

Executive Summary

R&J Plastering Limited is a micro-entity operating within the UK plastering sub-sector, characterized by modest financial scale and early-stage growth. Its performance aligns with typical small local contractors, but limited capitalization and rising liabilities suggest cautious expansion is necessary. The company’s competitive niche is shaped by regional construction demand and prevailing sector challenges such as labor shortages and material cost inflation.

R&J PLASTERING LIMITED - Analysis Report

Company Number: 13888063

Analysis Date: 2025-07-20 16:38 UTC

1. Industry Classification
   R&J Plastering Limited operates within the construction sector, specifically under SIC code 43310, which denotes plastering services. This sub-sector is part of the wider building finishing trades industry, characterized by small to medium-sized enterprises providing skilled labor in interior and exterior wall finishes, often servicing residential and commercial building projects. Key traits include high labor intensity, reliance on skilled tradespeople, and sensitivity to construction market cycles.

2. Relative Performance
   As a newly incorporated micro-entity (since 2022), R&J Plastering Limited is in the smallest company category, with turnover and balance sheet figures below typical small construction firms. The company’s financials show modest growth in working capital (current assets increased from £5,500 in 2024 to £13,478 in 2025) but also a rise in current liabilities (£4,105 to £11,890), resulting in net current assets remaining relatively tight. Shareholders’ funds are low (£1,588 in 2025), reflecting limited retained earnings and modest capitalization. Compared to average micro or small plastering firms, which might report higher turnover and larger asset bases after a few years, R&J Plastering is still in early growth stages with limited financial depth.

3. Sector Trends Impact
   The plastering sub-sector is influenced by broader UK construction dynamics, including fluctuations in residential and commercial building activity, material cost inflation, and labor market constraints. Recently, the industry has faced challenges such as rising raw material prices (plaster, cement), labor shortages due to skill gaps, and supply chain disruptions. However, government initiatives promoting housing development and refurbishment projects create demand tailwinds. R&J Plastering’s position as a small, localized operator means it is likely sensitive to regional construction activity in East Sussex and must maintain cost control and skilled labor availability to capitalize on these trends.

4. Competitive Positioning
   R&J Plastering Limited appears to be a niche, locally focused player rather than a market leader. With only two employees on average, it likely competes on quality, reliability, and client relationships rather than scale or price competitiveness. Its low financial leverage and limited asset base reduce exposure to financial risk but may constrain capacity for larger contracts or investment in equipment. Compared to typical small plastering firms that may have stronger balance sheets or broader client portfolios, R&J’s financial prudence and controlled liabilities are strengths, but growth potential may be limited without additional investment or scale-up.