{"name":"HACS CONSTRUCTION LIMITED","company_number":"02741458","status":"Active","type":"Private Limited Company","incorporated":"1992-08-20","dissolved":null,"registered_office":"Nidderdale House Station Yard, Ripley, Harrogate, North Yorkshire, HG3 3BA","postcode":"HG3 3BA","sic_codes":[{"code":41201,"description":"Construction of commercial buildings"},{"code":41202,"description":"Construction of domestic buildings"}],"principal_activity":"Construction of commercial buildings","previous_names":[],"warnings":[],"accounts":{"category":"Full","year_end":"29 December","last_made_up_to":"2025-12-31","next_due":"2027-09-29"},"employees":{"count":72,"accounts_date":"2025-12-31"},"financials":[{"financial_date":"2025-12-31","turnover":22482241,"profit_loss":779526,"net_assets":593431,"cash":3597473,"average_employees":72},{"financial_date":"2024-12-31","turnover":22982983,"profit_loss":222787,"net_assets":571005,"cash":2725209,"average_employees":70},{"financial_date":"2023-12-31","turnover":20220385,"net_assets":993235,"cash":1102839}],"officers":{"current":4,"resigned":4,"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":2,"outstanding":2},"gazette_notices":[],"insolvency_outcome":null,"ai_summary":"HACS Construction Limited demonstrates impressive operational momentum with significant margin improvement and strong cash generation, yet its strategic position is fundamentally undermined by an unsustainable capital allocation strategy that has seen £1.4M extracted in dividends over two years while net assets have eroded by 40%. The company must immediately rebalance its dividend policy toward reinvestment—targeting a minimum net asset threshold of £1.5-2M—to build the balance sheet resilience required to survive the inevitable cyclical downturn and to access the larger, higher-margin contracts that represent its most credible growth pathway.","website":"https://www.hacs.co.uk/","links":{"page":"https://www.companiesintheuk.co.uk/ltd/hacs-construction","people":"https://www.companiesintheuk.co.uk/company/hacs-construction/people","filing_history":"https://www.companiesintheuk.co.uk/company/hacs-construction/filing-history","companies_house":"https://find-and-update.company-information.service.gov.uk/company/02741458","financials":"https://www.companiesintheuk.co.uk/company/hacs-construction/financial","control":"https://www.companiesintheuk.co.uk/company/hacs-construction/control","charges":"https://www.companiesintheuk.co.uk/company/hacs-construction/charges","ai_analysis":"https://www.companiesintheuk.co.uk/company/hacs-construction/analysis"},"source":"CompaniesInTheUK, from Companies House, The Gazette and other public registers (see /support/about). Cite as: CompaniesInTheUK, https://www.companiesintheuk.co.uk/ltd/hacs-construction"}