Readie Construction

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.
Company Growth (employees)
Type
Private
HQ
Romford, GB
Founded
2007
Size (employees)
74 (est)+2%
Readie Construction was founded in 2007 and is headquartered in Romford, GB

Readie Construction Office Locations

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

Readie Construction Financials and Metrics

Summary Metrics

Founding Date

2007

Readie Construction Financials

Readie Construction's revenue was reported to be £92.2 m in FY, 2016 which is a 79% increase from the previous period.
GBP

Revenue (FY, 2016)

92.2 m

Revenue growth (FY, 2015 - FY, 2016), %

79%

Gross profit (FY, 2016)

6.9 m

Gross profit margin (FY, 2016), %

8%

Net income (FY, 2016)

2.7 m

Cash (31-Mar-2016)

5 m
GBPFY, 2014FY, 2015FY, 2016

Revenue

33.6 m51.6 m92.2 m

Revenue growth, %

54%79%

Cost of goods sold

32.1 m49.2 m85.3 m

Gross profit

1.5 m2.4 m6.9 m
GBPFY, 2014FY, 2015FY, 2016

Cash

1.9 m6.2 m5 m

Accounts Receivable

6.4 m10.9 m14 m

Current Assets

8.3 m17.3 m23 m

PP&E

522.2 k105.1 k79.1 k
GBPFY, 2014FY, 2015FY, 2016

Cash From Operating Activities

2.1 m4.7 m(856.5 k)

Cash From Financing Activities

(16.6 k)(238.1 k)(53 k)

Income Taxes Paid

(175.7 k)(179.1 k)(805.1 k)
Y, 2016

Financial Leverage

6.1 x
Show all financial metrics

Readie Construction's Web-traffic and Trends

Readie Construction Company Life and Culture

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