J. COFFEY CONSTRUCTION LIMITED

Credit Opinion: CONDITIONAL

J. Coffey Construction Limited is an active, long-established private limited company (incorporated 1994) and is not in liquidation, administration, or receivership. Its accounts and confirmation statement filings are currently not overdue. However, the data supplied contains no balance sheet, profit and loss, or cash flow figures, so it is not possible to determine whether the company can service debt or honour commercial agreements. Any credit facility should therefore be conditional on receipt of the latest filed accounts (year ended 30 September 2025), recent management accounts, bank account conduct, and trade or bank references. The company operates in SIC 43999 (other specialised construction activities), a cyclical and working-capital-intensive sector, which heightens the need for financial evidence before lending.

Financial Strength

Balance sheet health cannot be assessed from the information provided. Issued share capital is £46,154, a modest sum relative to typical construction contract values. No figures are available for fixed assets, current assets, current liabilities, net assets, or shareholders’ funds. Ownership is concentrated: the PSC register shows three J Coffey group corporate entities (J Coffey Holdings Limited, J Coffey Group Limited, and J Coffey Investments Limited), each holding more than 75% of shares, voting rights, and the right to appoint and remove directors, together with an individual holding between 50% and 75%. This group structure could provide access to group support, but it also links the company’s performance to related entities.

Cash Flow Assessment

Liquidity and working capital cannot be evaluated without cash, debtor, creditor, and stock figures. Construction businesses in this classification typically carry work in progress and retention receivables, and are exposed to payment timing from clients and main contractors. This can create pressure between paying subcontractors and suppliers and receiving contract payments. A review of bank statements, debtor ageing, and creditor ageing would be required to assess actual liquidity and the ability to meet obligations as they fall due.

Monitoring Points

• Receipt and credit review of the accounts made up to 30 September 2025.
• Regular management accounts: cash position, aged debtors, aged creditors, and work in progress.
• Bank account conduct: overdraft usage, unauthorised excesses, and returned items.
• Financial health of the parent/group entities (J Coffey Holdings Limited, J Coffey Group Limited, J Coffey Investments Limited).
• Order book visibility, contract concentration, and retention receivables.
• Availability of security or guarantees from the group or the individual person with significant control.