KORI CONSTRUCTION LIMITED
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Next accounts due
2026-12-31 (in 7mo)
Last filed for 2025-03-31
Confirmation statement due
2027-01-22 (in 8mo)
Last made up 2026-01-08
Watchouts
None on the register
Cash
£18M
+39.1% highest in 3 filed years
Net assets
£7M
+78.1% highest in 3 filed years
Employees
51
+13.3% highest in 3 filed years
Profit before tax
£5M
+24.6% highest in 3 filed years
Net assets
6-year trend · vs Industrials median
Accounts
6-year trend · latest reflected 2025-03-31
| Metric | Trend | 2020-03-31 | 2021-03-31 | 2022-03-31 | 2023-03-31 | 2024-03-31 | 2025-03-31 |
|---|---|---|---|---|---|---|---|
| Turnover | — | — | £20,292,916 | — | £54,094,867 | £69,898,785 | |
| Operating profit | — | — | £345,132 | — | £3,916,235 | £4,337,102 | |
| Profit before tax | — | — | £345,132 | — | £4,013,260 | £5,001,437 | |
| Net profit | — | — | £310,204 | — | £2,983,457 | £3,739,523 | |
| Cash | — | — | £2,288,617 | — | £13,287,864 | £18,479,585 | |
| Total assets less current liabilities | — | — | £1,013,017 | — | £4,158,701 | £7,367,826 | |
| Net assets | — | — | £1,000,887 | — | £4,124,396 | £7,345,859 | |
| Equity | £728,213 | £1,064,465 | £1,000,887 | £2,042,892 | £4,124,396 | £7,345,859 | |
| Average employees | — | — | 24 | — | 45 | 51 | |
| Wages | — | — | £1,068,848 | — | £2,584,502 | £2,937,700 | |
| Directors' remuneration | — | — | £69,017 | — | £76,380 | £83,074 |
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
Year-on-year
FY2024 → FY2025 · period ending 2025-03-31 vs 2024-03-31
-
Turnover
+29.2%
£54,094,867 £69,898,785
highest in 3 filed years
-
Cash
+39.1%
£13,287,864 £18,479,585
highest in 3 filed years
-
Net assets
+78.1%
£4,124,396 £7,345,859
highest in 3 filed years
-
Employees
+13.3%
45 51
highest in 3 filed years
-
Operating profit
+10.7%
£3,916,235 £4,337,102
highest in 3 filed years
-
Profit before tax
+24.6%
£4,013,260 £5,001,437
highest in 3 filed years
-
Wages
+13.7%
£2,584,502 £2,937,700
highest in 3 filed years
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
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2020-03-31 | 2021-03-31 | 2022-03-31 | 2023-03-31 | 2024-03-31 | 2025-03-31 |
|---|---|---|---|---|---|---|---|
| Operating margin | — | — | 1.7% | — | 7.2% | 6.2% | |
| Net margin | — | — | 1.5% | — | 5.5% | 5.3% | |
| Return on capital employed | — | — | 34.1% | — | 94.2% | 58.9% | |
| Current ratio | — | — | — | — | 1.21x | 1.31x | |
| Interest cover | — | — | — | — | 2960.12x | — |
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.
Name history
Renamed 1 time since incorporation
- KORI CONSTRUCTION LIMITED 2022-06-29 → present
- S.A.C. CONSTRUCTION LIMITED 2009-01-28 → 2022-06-29
Audit & accounting basis
- Accounting basis
- FRS 102
- Reporting scope
- Standalone (parent only)
- Auditor
- CFW Accountants LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“In auditing the financial statements, we have concluded that the directors' use of the going concern basis of accounting in the preparation of the financial statements is appropriate. Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue.”
Significant events
- “The Company was proud to receive several accolades during the financial year that highlight our growth, exceptional culture and outstanding performance in the UK main contracting market: -The Sunday Times Hundred 2025 - Celebrating Britain's fastest-growing companies with annual revenues under £250 million. -FT1000: Europe's Fastest-Growing Companies 2025 - Showcasing exceptional growth stories from businesses across Europe. -Construction News Awards 2024: Highly Commended Contractor of the Year (Turnover under £500m) Recognised for outstanding performance in the sector. -Construction News Best Places to Work 2024 - Honouring organisations committed to creating exceptional workplace environments. -The Sunday Times Best Places to Work 2025 - Proud to be featured for a second consecutive year. -Building Good Employer Guide 2024 Recognised for leadership in flexible working, diversity, sustainability, and employee wellbeing. -ROSPA Gold Award - Awarded for excellence in workplace safety, marking our second consecutive year of achievement.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
5 active · 3 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| BIRD, Susan Gaynor | Director | 2016-09-01 | May 1972 | British |
| CONNACHIE, Jordan James | Director | 2017-03-02 | Dec 1988 | British |
| CULBERT, Stephen | Director | 2009-01-28 | Mar 1966 | British |
| FIELDING, Kyle | Director | 2022-10-21 | Mar 1989 | British |
| ROBINSON, Tony | Director | 2021-11-30 | Jan 1989 | British |
Show 3 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| CULBERT, Andrew John | Secretary | 2009-01-28 | 2014-03-06 |
| KINGSTON, Susan Gaynor | Secretary | 2014-03-06 | 2016-09-01 |
| CULBERT, Andrew John | Director | 2009-01-28 | 2018-12-20 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Kori Construction (Holdings) Limited | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2019-01-18 | Active |
| Jordan James Connachie | Individual | Shares 25–50%, Voting 25–50% | 2018-04-30 | Ceased 2019-01-18 |
| Mr Stephen Culbert | Individual | Shares 25–50% | 2016-04-06 | Ceased 2019-01-18 |
| Mr Andrew John Culbert | Individual | Shares 25–50% | 2016-04-06 | Ceased 2018-12-01 |
Filing timeline
Last 20 of 65 total filings
Material constitutional events — rename, articles re-file, resolution
- 2022-06-29 CERTNM Certificate change of name company PDF
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-01-10 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-07-09 | AA | accounts | Accounts with accounts type full | |
| 2025-01-08 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-07-09 | AA | accounts | Accounts with accounts type full | |
| 2024-04-26 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2024-01-12 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-06-29 | AA | accounts | Accounts with accounts type full | |
| 2023-01-13 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2022-12-22 | AA | accounts | Accounts with accounts type full | |
| 2022-10-21 | PSC05 | persons-with-significant-control | Change to a person with significant control | |
| 2022-10-21 | AP01 | officers | Appoint person director company with name date | |
| 2022-06-29 | CERTNM | change-of-name | Certificate change of name company | |
| 2022-01-14 | PSC05 | persons-with-significant-control | Change to a person with significant control | |
| 2022-01-14 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2021-12-21 | AA | accounts | Accounts with accounts type unaudited abridged | |
| 2021-12-03 | AP01 | officers | Appoint person director company with name date | |
| 2021-01-15 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2021-01-05 | AA | accounts | Accounts with accounts type unaudited abridged | |
| 2020-12-14 | CH01 | officers | Change person director company with change date | |
| 2020-01-28 | CS01 | confirmation-statement | Confirmation statement with no updates |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 2
- Capital events
- 0
- Officers appointed
- 0
- Officers resigned
- 0
last 12 months
last 24 months
last 12 months
last 12 months
Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.