FOUNDATION PROPERTIES (CONSTRUCTION) LTD
Company number 09072727 · Monitor this company
Executive summary
Foundation Properties (Construction) Ltd is exhibiting severe financial distress characterized by a dangerous drop in cash reserves and a massive, sudden reliance on short-term creditor financing to fund bloated work-in-progress. The immediate and total write-off of a £3.28 million group investment has further eroded the company's underlying equity, leaving it highly vulnerable to insolvency if current projects are not rapidly converted into cash. Urgent intervention is required to restructure short-term debts and restore liquidity before the business suffers a fatal cash flow failure.
Shareholders' funds
£675,693
Balance sheet as at 2025-03-31
Overview
- Company type
- Private Limited Company
- Incorporated
- 2014-06-05
- Employees
- 3 (2025 accounts)
- Registered office
- 728 Old Norwich Road, Ipswich, England, IP1 6LG
- Postcode
- IP1 6LG
- Capital
- 100 GBP
- Accounts category
- Total Exemption Full
Accounts
- Last made up to
- 2025-03-31
- Next due by
- 2026-12-31
- Financial year end
- 31 March
Confirmation statement
- Last statement dated
- 2026-06-05
- Next due by
- 2027-06-19
Nature of business (SIC)
- 41202 Construction of domestic buildings
Officers 3 current · 1 resigned
Group structure 2 subsidiaries
From persons-with-significant-control filings on the public register.
Among its peers
Top 5%
by shareholders' funds, of 462 similar companies in IP
Among the biggest employers among its local peers (3 staff).
Among the oldest 25% of its local peers, trading since 2014.
Competitors Ipswich
This company ranks 22 among construction of domestic buildings in Ipswich.
The class of 2014
37%
of the 4,691 companies in this sector incorporated in 2014 are still active today; 54% 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.