T BALFE CONSTRUCTION LIMITED

Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. About these numbers

• Turnover

  -10.9%

  £30,945,775 → £27,572,296

• Cash

  +1.3%

  £13,097 → £13,261

• Net assets

  -13.2%

  £8,667,968 → £7,526,809

• Employees

  -6.1%

  66 → 62

• Operating profit

  +29.4%

  -£703,111 → -£496,188

• Profit before tax

  +28.5%

  -£834,385 → -£596,622

• Wages

  -16.2%

  £2,844,416 → £2,384,117

Each % is (latest − prior) ÷ |prior| for the line item as filed. The comparison is only shown when the latest and prior accounts cover broadly equal-length periods — short or long stubs (typical around incorporation or a year-end change) are suppressed rather than misrepresented. Lines a company doesn't report are omitted. About these numbers

Margins divide P&L lines by turnover. Gearing is liabilities over total assets. Current ratio is current assets over creditors falling due within one year. Interest cover is operating profit over absolute finance costs. Sector-distribution context coming next.

1. T BALFE CONSTRUCTION LIMITED 1999-03-16 → present
2. T. BALFE & SON LIMITED 1984-05-23 → 1999-03-16

Accounting basis

FRS 102

Reporting scope

Standalone (parent only)

Auditor

Nicholsons Audit (Statutory Auditor)

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The financial statements have been prepared on a going concern basis which the directors consider to be appropriate for the following reasons. The directors have prepared cash flow forecasts for a period of 12 months from the date of approval of these financial statements which indicate that, taking account of reasonably possible downs”

Significant events

• “During the year, the business faced further unprecedented external pressures. The industry continued to face rising prices of materials, supply chains unable to keep up with demand, rising cost of labour and a slowing down of the housing market which all had a continued impact on profitability. During the period we have successfully negated the full impact on the company by these external factors by renegotiating and implementing contract price increases.”
• “During 2024, there remained uncertainty for the UK economy not only for the current year but also moving into 2025, with high costs, inflation, and a slowing in the housing market. These factors forced our clients and the company to operate at reduced output levels. During 2025 we have seen stronger demand from customers.”
• “Freehold land and buildings were valued on a market value basis on 29 October 2024 by Pygott and Crone Commercial Limited RICS.”

Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers

Filings

10

last 12 months

Capital events

1

last 24 months

Officers appointed

0

last 12 months

Officers resigned

2

last 12 months

Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.