2021 Debt Profitability 
Construction Enquirer
APRIL 26, 2023
Latest results for the company show it made a profit of £1.3m during the year to December 31 2021 from a turnover of £62.6m The administrator said unsecured creditors could expect some payment for their invoices but it only expected to be pennies in the pound. while shareholder funds stood at £4.6m.
Autodesk Construction Cloud
FEBRUARY 25, 2022
For another, work delays from 2021 are likely to impact the risk of subcontractor default in 2022 and beyond. . FINANCIAL RATIOS: DEBT . Debt Ratio . Debt Ratio measures the extent of a company’s leverage. It can be used to determine the proportion of a company’s assets that are financed by debt.
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Construction Enquirer
MAY 3, 2023
Latest results for the firm for the year to March 31 2022 show a pre-tax profit of £790,000 from a turnover of £43.5m to trade creditors at the end of the 2021/22 financial year. Subscribers to the Red Flag Alert service benefit from early warnings about the financial health of companies to help them avoid bad debts.
Construction Enquirer
MAY 2, 2023
An update from administrator FRP advisory Trading has confirmed the scale of debts at the business. Latest accounts for Norstead show it made a net profit of £133,000 from a turnover of £20.3m Hundreds of subcontractors and suppliers were left holding £5.3m
Construction Enquirer
MAY 23, 2023
Suppliers left holding unpaid invoices are unlikely to receive a penny for their debts. Management accounts to December 31 2021 showed a turnover of £17m generating a net profit of £177,000. Its civils arm MEC Groundworks also went into liquidation owing more than £100,000 to unsecured creditors.
Pro Builder
DECEMBER 15, 2021
Wed, 12/15/2021 - 17:31. Ivory Homes in Salt Lake City is Pro Builder's 2021 Builder of the Year. million in revenue from 1,323 closings last year —are what has earned Ivory Homes our Builder of the Year honor for 2021. Builder of the Year Ivory Homes' Innovation Agenda. Mike Beirne, Senior Editor. and Outward.
Pro Builder
NOVEMBER 1, 2022
Another important indicator of industry health is the rate of single-family housing starts, which increased by 13% in both 2020 and 2021. in August 2022, compared with the same month in 2021, according to the U.S. increase of 2021. increase of 2021. increase in 2021. Other Indicators Point to a Housing Slowdown.
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