CONTRACTA CONSTRUCTION UK LIMITED

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

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.

Accounting basis

IFRS

Reporting scope

Consolidated group

Auditor

Mercer & Hole LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the group's and parent company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue.”

Group structure

1. CONTRACTA CONSTRUCTION UK LIMITED · parent
   1. Contracta Construzioni Italia S.R.L. 100% · Italy · Construction

Significant events

• “The Ghanaian economy continues to face significant challenges, marked by persistent inflation and ongoing currency devaluation, negatively impacting the economy which eventually has impacted the operations of business across the country, including Contracta Construction UK Limited.”
• “Ghana is currently under a new administration, which officially took office on January 7, 2025. The newly appointed Minister of Finance has announced that the government will conduct audits and evaluations to ensure value for money in all contracts and payments made by the previous administration, including those involving our company. This may result in delays or renegotiation of amounts due.”
• “The total value of the claims affected amounts to GBP 62,393,219 (equivalent to EUR 75,480,339 in the contract currency). At present, the company has no reasonable expectation as to when or if these amounts will be approved or paid. These balances will only be reinstated in the Balance Sheet once there is sufficient certainty regarding their recovery.”
• “The war between Russia and Ukraine increases the risks of financial stability in the euro area leading to higher energy and commodity prices affecting the inflation rate. This uncertainty with a higher inflation rate can also affect monetary policy in the European area, including a higher interest rate to control inflation, which would probably weaken the level of GDP.”

Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers

Filings

3

last 12 months

Capital events

0

last 24 months

Officers appointed

0

last 12 months

Officers resigned

0

last 12 months

Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.

• Turnover

  -23.8%

  £89,087,053 → £67,916,855

• Cash

  -2.5%

  £69,165,877 → £67,452,767

• Net assets

  +9.3%

  £11,262,015 → £12,309,954

• Employees

  -38.8%

  1,121 → 686

• Operating profit

  +7.1%

  £28,510,111 → £30,526,797

• Profit before tax

  +7.7%

  £31,058,491 → £33,457,459

• Wages

  -20.4%

  £5,645,696 → £4,494,954

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