DAVID ANDREWS (CONSTRUCTION) LIMITED
Company number 02169815 · Monitor this company
Executive summary
David Andrews (Construction) Limited presents a fundamentally sound but gradually weakening financial position. The company benefits from strong cash reserves of £3.48M, significantly reduced liabilities, and improving gross margins, but faces concerning symptoms including a 15.4% revenue decline, eroding net assets, and an aggressive dividend policy that distributed over £1M against an estimated profit of approximately £500K-£890K. The immediate prognosis is stable, but the company must moderate dividend extraction, investigate the revenue decline, and address its dependence on the cyclical London high-end market to maintain long-term financial health.
Shareholders' funds
£5,547,626
Balance sheet as at 2025-10-31
What it does
The company continues to operate in both the residential and commercial markets, offering high quality plastering and drylining to high end developments.
The company's own description, from its latest filed accounts.
Overview
- Company type
- Private Limited Company
- Incorporated
- 1987-09-28
- Employees
- 77 (2025 accounts · was 75 in 2024)
- Registered office
- Level 2 Klaco House, 28 St. John's Square, Clerkenwell, London, England, EC1M 4DN
- Postcode
- EC1M 4DN
- Capital
- 101 GBP
- Accounts category
- Full
- Charges
- 1 outstanding
Accounts
- Last made up to
- 2025-10-31
- Next due by
- 2027-07-31
- Financial year end
- 31 October
Confirmation statement
- Last statement dated
- 2026-03-30
- Next due by
- 2027-04-13
Nature of business (SIC)
- 43310 Plastering
Officers 5 current · 3 resigned
Group structure
Controlled by D.A.C. MANAGEMENT SERVICES LIMITED — since 2016-04-06
From persons-with-significant-control filings on the public register.
Data protection registration
Registered with the ICO as a data protection fee payer — ZB458329 (Tier 2), registered since 2022.
Information Commissioner's Office register of fee payers, licensed under the Open Government Licence.
Contact details
Previous registered addresses 2
| Address | Changed on |
|---|---|
| 127,CORELLI ROAD,, BLACKHEATH,, LONDON,, SE3 8EN | 1991-03-26 |
| 112 CITY ROAD, LONDON, EC1V 2NE | 1987-11-19 |
Among its peers
Top 5%
by shareholders' funds, of 36 similar companies in EC
The largest employer among its local peers (77 staff).
The oldest of its local peers, trading since 1987.
Competitors London
This company ranks 1 among plastering in London.
The class of 1987
51%
of the 20,107 companies incorporated in 1987 are still active today; 42% have since been dissolved.
A fact about the year, not a forecast for this company.
Businesses that transport or deal in waste must register with the Environment Agency. You can check this company on the official register of waste carriers, brokers and dealers.