{"name":"DONELLON CONTRACTORS LIMITED","company_number":"14295884","status":"Liquidation","type":"Private Limited Company","incorporated":"2022-08-15","dissolved":null,"registered_office":"Suite 1, The Old Courtyard 103 Buxton Road, High Lane, Stockport, Cheshire, England, SK6 8DX","postcode":"SK6 8DX","sic_codes":[{"code":43120,"description":"Site preparation"}],"principal_activity":null,"previous_names":[],"warnings":["The annual accounts for this company are overdue."],"accounts":{"category":"Total Exemption Full","year_end":"30 September","last_made_up_to":"2024-09-30","next_due":"2026-06-30"},"employees":null,"financials":[{"financial_date":"2024-09-30","net_assets":115845,"cash":10179},{"financial_date":"2023-09-30","net_assets":39023,"cash":39565}],"officers":{"current":1,"resigned":0,"complete":true,"note":"Names and details of individual officers are on the People page (subscriber-only on this site) and free at Companies House."},"charges":{"total":null,"outstanding":null},"gazette_notices":[{"date":"2026-09-03","kind":"other"}],"insolvency_outcome":null,"ai_summary":"Donellon Contractors Limited pursued an aggressive growth strategy in its second year, expanding fixed assets by over £630,000 to compete in the site preparation sector, but this expansion was financed predominantly through debt rather than retained earnings, resulting in a dangerously thin liquidity position with just £10,179 in cash against £607,386 in current liabilities. The company's financial profile—a current ratio of 0.85:1, gearing of 5.24:1, and 97.9% debtor concentration—falls materially below sector benchmarks across all key metrics, and the company's liquidation status suggests this capital structure proved unsustainable. While the business appeared profitable based on deferred tax provisions, the gap between contract valuations and cash realisation exemplifies the working capital trap that frequently claims over-leveraged subcontractors in the UK construction sector.","website":null,"links":{"page":"https://www.companiesintheuk.co.uk/ltd/donellon-contractors","people":"https://www.companiesintheuk.co.uk/company/donellon-contractors/people","filing_history":"https://www.companiesintheuk.co.uk/company/donellon-contractors/filing-history","companies_house":"https://find-and-update.company-information.service.gov.uk/company/14295884","financials":"https://www.companiesintheuk.co.uk/company/donellon-contractors/financial","gazette":"https://www.companiesintheuk.co.uk/company/donellon-contractors/gazette","control":"https://www.companiesintheuk.co.uk/company/donellon-contractors/control","charges":"https://www.companiesintheuk.co.uk/company/donellon-contractors/charges","ai_analysis":"https://www.companiesintheuk.co.uk/company/donellon-contractors/analysis"},"source":"CompaniesInTheUK, from Companies House, The Gazette and other public registers (see /support/about). Cite as: CompaniesInTheUK, https://www.companiesintheuk.co.uk/ltd/donellon-contractors"}