Construction Enquirer
JUNE 2, 2023
Kent based contractor Claritas Group is heading for liquidation after being sunk by cash-flow and inflationary pressures. CEO and founder Jon Wardle confirmed the news in a statement while thanking staff and suppliers for the impact of the failure. Latest accounts for Claritas Group for the year to March 31 2022 show a £50.4m
Construction Enquirer
JUNE 25, 2023
The Kent based contractor confirmed earlier this month that it was heading for liquidation following cash flow and inflationary pressures. Latest accounts for Claritas Group for the year to March 31 2022 show a £50.4m Details show trade creditors owed £2.7m and subcontractors a further £4.6m
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Viewpoint Construction Technology
APRIL 17, 2018
The new GAAP revenue recognition standards developed by the Financial Accounting Standards Board are here, and these standards are designed with complex projects in mind. When implemented properly, they offer improved cash flow and better accounting insight, which benefits contractors and customers.
Construction Enquirer
JULY 10, 2023
It is the latter division which has been battling long term contracts with hyper inflation, schemes priced pre-covid which ultimately has impaired the groups cash-flow. ” Latest accounts for J Tomlinson for the year to September 31 2021 showed a turnover of £106m generating a pre-tax loss of £657,000. .
Construction Business Owner
MARCH 1, 2012
ACCOUNTING |. Accounting & Finance. Industry News. Data Security in the Cloud » Collaborating on Cash flow. The topic of cash flow never seems to get old – after all, sustained negative cash flow often results in slashing budgets, personnel, and in the worst cases shutting down of a company.
Autodesk Construction Cloud
JANUARY 23, 2024
Admin Console | MFA Enforcement [Coming Soon] – Account administrators can enforce Multi-Factor Authentication (MFA) for all non-SSO individuals within and outside of their company when accessing new and existing projects within the account. Project Admins can create custom and edit custom correspondence types.
Construction Business Owner
OCTOBER 26, 2011
ACCOUNTING |. Accounting & Finance. Industry News. While there are numerous reasons to change software applications, there are two that regularly come up in our discussions with prospective clients: cash flow control and project cost control. Back to Cash Flow. STRATEGY |. MANAGEMENT |. SOFTWARE |.
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