CRAIG FURSE CONSTRUCTION LIMITED
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Next accounts due
2026-05-31 (this month)
Last filed for 2024-08-31
Confirmation statement due
2027-03-16 (in 10mo)
Last made up 2026-03-02
Watchouts
None on the register
Cash
£2M
-31.2% vs 2023
Net assets
£8M
+11.4% highest in 4 filed years
Employees
38
+8.6% vs 2023
Profit before tax
£2M
-43.6% vs 2023
Net assets
4-year trend · vs Consumer Staples median
Accounts
4-year trend · latest reflected 2024-08-31
| Metric | Trend | 2021-07-31 | 2022-08-31 | 2023-08-31 | 2024-08-31 |
|---|---|---|---|---|---|
| Turnover | — | — | £19,164,002 | £15,177,246 | |
| Operating profit | — | — | £4,195,155 | £2,333,241 | |
| Profit before tax | — | — | £4,213,828 | £2,377,170 | |
| Net profit | — | — | £3,552,505 | £1,900,488 | |
| Cash | — | £204,000 | £3,608,768 | £2,482,067 | |
| Total assets less current liabilities | — | £3,336,300 | £7,598,549 | £8,496,858 | |
| Net assets | £100 | — | £7,298,975 | £8,134,384 | |
| Equity | £100 | £3,336,300 | £7,298,975 | £8,134,384 | |
| Average employees | — | 39 | 35 | 38 | |
| Wages | — | — | £1,445,575 | £1,589,925 | |
| Directors' remuneration | — | — | £8,264 | £9,100 |
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
FY2023 → FY2024 · period ending 2024-08-31 vs 2023-08-31
-
Turnover
-20.8%
£19,164,002 £15,177,246
-
Cash
-31.2%
£3,608,768 £2,482,067
-
Net assets
+11.4%
£7,298,975 £8,134,384
highest in 3 filed years
-
Employees
+8.6%
35 38
-
Operating profit
-44.4%
£4,195,155 £2,333,241
-
Profit before tax
-43.6%
£4,213,828 £2,377,170
-
Wages
+10%
£1,445,575 £1,589,925
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 | 2021-07-31 | 2022-08-31 | 2023-08-31 | 2024-08-31 |
|---|---|---|---|---|---|
| Operating margin | — | — | 21.9% | 15.4% | |
| Net margin | — | — | 18.5% | 12.5% | |
| Return on capital employed | — | — | 55.2% | 27.5% | |
| Gearing (liabilities / total assets) | — | — | 29.0% | 22.9% | |
| Current ratio | — | — | 3.31x | 4.40x | |
| Interest cover | — | — | — | 7909.29x |
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.
Audit & accounting basis
- Accounting basis
- FRS 102
- Reporting scope
- Consolidated group
- Auditor
- Mitchells
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“The directors have assessed the group's financial position and confirm that it remains a going concern. Despite industry-wide challenges during the financial year, the group has demonstrated resilience, and financial projections indicate a strong recovery. The directors have reviewed financial forecasts covering a 12-month period from the date of approval of these financial statements and are confident that the group has adequate resources to continue operations. The increasing order book, stable supplier relationships, and projected return to 2023 turnover and profitability levels support this assessment.”
Group structure
- CRAIG FURSE CONSTRUCTION LIMITED · parent
- C&R Construction Holdings Limited 51%
- C&R Construction South West Ltd 51%
- WMS Trading Inc Ltd 51%
Significant events
- “The 2024 financial year presented challenges due to a downturn in the construction industry, particularly in the agricultural sector. Global supply chain disruptions, economic uncertainty, and adverse weather conditions led to a temporary decline in turnover and profitability. However, as market conditions improved, the group experienced a strong recovery, with increased demand across key sectors.”
- “Looking ahead, the outlook for the next financial period is positive. Market confidence has returned, and the group continues to invest in fabrication capacity, workforce development, and client relationships.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
1 active · 0 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| FURSE, Craig Kenvyn | Director | 2021-03-19 | Jul 1993 | British |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Mr Craig Kenvyn Furse | Individual | Shares 75–100%, Voting 75–100%, Appoints directors | 2021-03-19 | Active |
Filing timeline
Last 16 of 16 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-03-10 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-12-15 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2025-04-02 | AA | accounts | Accounts with accounts type group | |
| 2025-03-11 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2024-05-21 | AA | accounts | Accounts with accounts type group | |
| 2024-03-18 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2023-06-10 | AA | accounts | Accounts with accounts type group | |
| 2023-04-12 | AD01 | address | Change registered office address company with date old address new address | |
| 2023-04-03 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2023-03-10 | AA01 | accounts | Change account reference date company previous extended | |
| 2023-03-09 | AA | accounts | Accounts with accounts type dormant | |
| 2022-12-15 | AA01 | accounts | Change account reference date company current shortened | |
| 2022-03-02 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2022-02-15 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2021-09-07 | SH01 | capital | Capital allotment shares | |
| 2021-03-19 | NEWINC | incorporation | Incorporation company |
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.