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Kier whittles net debt down to £230m

Construction Enquirer

Kier has whittled down its average month-end net debt to £230m after a better than expected cash performance at its construction division. Andrew Davies, chief executive, said that despite inflationary pressures Kier would report revenue and profit in line with expectations in September. reported in the prior year. ” .

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Claritas Group went down owing £7m to supply chain

Construction Enquirer

The Kent based contractor confirmed earlier this month that it was heading for liquidation following cash flow and inflationary pressures. A statement of affairs seen by the Enquirer ahead of the company being wound-up details debt levels across the business. turnover generating a pre-tax profit of £455,000.

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Unique Tips For Managing Cash Flow In Your Contracting Company

Contractor Bookkeeping

Cash flow is the lifeblood of any construction company and especially the ones with annual sales volume under $1,000,000. Some construction Company experts even say that a healthy cash flow is more important than your contracting company''s ability to complete projects! What Makes Up Your Construction Company Cash Flow?

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What Labor Shortage? Not All Home Builders Affected Equally

Pro Builder

Yet, here we are, with strong sales, great cash flow, abundant profits, and not enough people to build the homes. . The pandemic has been a war of a different type than we are used to, but it’s a war nonetheless. Not if You Follow These 8 Steps to Make Trades Profitable. By way of comparison, the U.S. Labor Woes?

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Construction Business Owner Blogs

Construction Business Owner

About Us Contact Us Advertise Press Releases Upload Artwork Via FTP -->. These are risk takers, men and women who are driven to hustle and make a profit—not the sitting still type. Please write in and let us know how we are doing. Home Contact Us About Us Subscribe Advertise Legal Disclaimer Site Map -->.

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What Labor Shortage?

Pro Builder

Yet, here we are, with strong sales, great cash flow, abundant profits, and not enough people to build the homes. . The pandemic has been a war of a different type than we are used to, but it’s a war nonetheless. The artwork was done by a hot, young designer from Detroit who pushed us. COVID-19 Drives Sales.

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Optimize Vs. Maximize Construction Company Production

Contractor Bookkeeping

The First Place to start is an understanding the real profit in any construction is made in the office, not in the field because hard work in the field cannot overcome bad strategy from the office. The Key To Maximizing Profits is finding the right mix of production and resources. Grow By The Inch Is A Cinch, Grow By The Yard Is Hard.