YORKSHIRE REFURBISHMENTS & CONTRACTORS LIMITED
Executive Summary
Yorkshire Refurbishments & Contractors Limited is a micro-sized niche consultancy operating within the broader UK management consultancy sector, with a focus likely tied to refurbishment and construction advisory. Its current financial performance and asset base are minimal, reflecting an early-stage company with constrained scale and resources. While sector trends favour consultancy services that enhance operational efficiency and sustainability in construction, the company must address its limited working capital and growth capacity to compete effectively against larger, more established consultancies.
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This analysis is opinion only and should not be interpreted as financial advice.
YORKSHIRE REFURBISHMENTS & CONTRACTORS LIMITED - Analysis Report
Industry Classification
Yorkshire Refurbishments & Contractors Limited operates primarily within SIC code 70229, classified as "Management consultancy activities other than financial management." This sector typically involves providing advisory services to organisations to enhance their business operations, excluding financial management consultancy. Key characteristics include reliance on skilled personnel, project-based revenue, and emphasis on client relationships. The company’s name suggests a business focus on refurbishment and contracting, which may imply a niche consultancy role within the construction or property refurbishment sub-sector, advising on project management, compliance, or operational efficiency rather than direct construction activities.Relative Performance
This company is a very small, early-stage private limited entity incorporated in late 2021. Its latest filed accounts show a modest net asset base of £3,046 and a small profit of £3,038 for the year ended October 2023. Current liabilities (£14,212) exceed current assets (£12,589), resulting in a slight negative working capital position (-£1,623). The company holds tangible fixed assets valued at £5,764, reflecting some investment in plant and machinery, likely related to operational needs. With only three employees on average and turnover likely below small company thresholds (given exemption from audit), it is a micro or small enterprise by UK standards. Compared to typical management consultancy firms, even at small scale, profitability and asset base here are minimal, indicating a nascent or highly niche operation with limited market penetration or scale.Sector Trends Impact
The UK management consultancy sector is generally competitive, with a trend towards digital transformation, sustainability advisory, and operational efficiency consultancy. Post-pandemic recovery has driven demand for consultancy that supports business resilience and cost optimisation. However, smaller firms like Yorkshire Refurbishments may face challenges in scaling, client acquisition, and adapting to rapidly evolving consultancy demands. The construction and refurbishment sector is also subject to cyclical market forces, regulatory changes (e.g., building regulations, environmental standards), and supply chain volatility, which can impact consultancy demand. The company’s niche focus on refurbishment contractors could position it well to benefit from increasing renovation trends driven by housing market activity and sustainability retrofitting, but only if it can expand beyond its current minimal size and financial base.Competitive Positioning
Yorkshire Refurbishments & Contractors Limited appears to be a niche player with limited scale and financial resources compared to established management consultancies and refurbishment contractors offering consultancy services. Its strengths may include local market knowledge (based in Malton, North Yorkshire), personalised client engagement, and flexibility inherent in a small firm. Weaknesses include a very small asset base, negative working capital, and minimal profitability, which constrain growth potential and competitive positioning. The company has undergone several director changes, which could affect strategic continuity. In contrast, typical competitors in the UK management consultancy space have larger teams, diversified client bases, and more extensive financial backing, enabling them to invest in marketing, technology, and talent acquisition. To improve competitive standing, Yorkshire Refurbishments would need to increase scale, professionalise operations, and develop a clearer market differentiation.
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