OverviewSuggest Edit

Readie Construction is a main contractor specialising in the delivery of new build, refurbishment and fit out projects, working in various industrial, retail, commercial and infrastructure sectors. The company commenced trading in 2008 and has grown to become a £100M turnover company within eight years. The company is privately owned and managed by a dynamic team with a wealth of experience in all aspects of the construction industry. Turnover, profit and net value have grown every year since our inception, we have always traded without any debt or overdraft. The growth of the business continues to be achieved without any business development or marketing resource, a very real measure of both the quality of our staff and the level of service provided to our repeat business clients. ... Show more
TypePrivate
Founded2007
HQRomford, GB
Websitereadieconstruction.co.uk

Locations

Readie Construction is headquartered in
Romford, United Kingdom

Location Map

Latest Updates

Employees (est.) (Feb 2019)109
Revenue (FY, 2018)£136.9 M(+31%)

Key People/Management at Readie Construction

Stuart Read

Stuart Read

Chairman
Paul Stephens

Paul Stephens

Managing Director
Lisa Phipps

Lisa Phipps

Head of HR & Administration
Tony Field

Tony Field

Health & Safety Manager
David Stephens

David Stephens

Pre-Construction Director
Jessica McCarthy

Jessica McCarthy

Finance Director
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Readie Construction Office Locations

Readie Construction has an office in Romford
Romford, GB (HQ)
Falcon Business Centre Ashton Rd
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Readie Construction Financials and Metrics

Summary Metrics

Founding Date

2007

Readie Construction Revenue

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Readie Construction's revenue was reported to be £136.89 m in FY, 2018
GBP

Revenue (FY, 2018)

136.9m

Gross profit (FY, 2018)

9.2m

Gross profit margin (FY, 2018), %

6.8%

Net income (FY, 2018)

5.5m

EBITDA (FY, 2018)

6.8m

EBIT (FY, 2018)

6.7m

Cash (31-Mar-2018)

2.2m
GBPFY, 2009FY, 2010FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018

Revenue

1.1m6.5m21.0m33.6m51.6m92.2m104.9m136.9m

Revenue growth, %

54%79%

Cost of goods sold

912.8k5.5m19.3m32.1m49.2m85.3m96.3m127.6m

Gross profit

209.6k964.5k1.7m1.5m2.4m6.9m8.7m9.2m
GBPFY, 2008FY, 2009FY, 2010FY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018

Cash

38.4k661.5k419.6k285.7k256.4k353.7k1.9m6.2m5.0m14.0m2.2m

Accounts Receivable

33.9k50.2k216.4k1.5m2.4m2.0m6.4m10.9m13.5m20.5m17.1m

Inventories

121.5k22.1k150.7k110.0k61.1k33.3k27.0k34.6k285.9k50.4k539.4k

Current Assets

193.8k753.2k882.9k1.9m4.6m4.2m8.3m17.3m22.5m37.9m26.8m
GBPFY, 2009FY, 2010FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018

Net Income

61.9k125.7k440.4k530.9k328.9k2.7m4.9m5.5m

Cash From Operating Activities

(579.6k)333.0k2.1m4.7m(856.5k)15.0m(1.5m)

Dividends Paid

36.0k153.0k272.2k293.4k218.6k5.1m8.1m

Cash From Financing Activities

(8.0k)188.9k(16.6k)(238.1k)(53.0k)
GBPY, 2018

Revenue/Employee

2.0m

Financial Leverage

30.3 x
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Readie Construction Company Life and Culture

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Readie Construction Frequently Asked Questions

  • When was Readie Construction founded?

    Readie Construction was founded in 2007.

  • Who are Readie Construction key executives?

    Readie Construction's key executives are Stuart Read, Paul Stephens and Lisa Phipps.

  • How many employees does Readie Construction have?

    Readie Construction has 109 employees.

  • What is Readie Construction revenue?

    Latest Readie Construction annual revenue is £136.9 m.

  • What is Readie Construction revenue per employee?

    Latest Readie Construction revenue per employee is £1.3 m.

  • Who are Readie Construction competitors?

    Competitors of Readie Construction include Russells Construction, Alpha Construction and Dakenna Development.

  • Where is Readie Construction headquarters?

    Readie Construction headquarters is located at Falcon Business Centre Ashton Rd, Romford.

  • Where are Readie Construction offices?

    Readie Construction has an office in Romford.

  • How many offices does Readie Construction have?

    Readie Construction has 1 office.