ACORN DEVELOPMENTS (NI) LTD
Overview
ACORN DEVELOPMENTS (NI) LTD is a privately-held company based in Belfast, Northern Ireland, specializing in the construction of domestic buildings since April 1, 2004. The company is recognized for building bespoke, high-quality homes and has established itself as a significant player in Northern Ireland's construction sector. The headquarters are located at 28 St. Johns Avenue, Belfast, BT7 3JE, United Kingdom.
Management and Shareholders
The organization is spearheaded by a family-run team comprising:
- Richard Alexander:
- Role: Director
- Location: Belfast Metropolitan Area
- Education: Northumbria University
- Email: [richard@acorndevelopments.co.uk](mailto:richard@acorndevelopments.co.uk)
- Contact: 07789 082 180
- Ryan Alexander:
- Role: Director
- Location: Craigavon
- Education: Royal Belfast Academical Institution
- Email: [ryan@acorndevelopments.co.uk](mailto:ryan@acorndevelopments.co.uk)
- Contact: 07714 505 579
- Emma Alexander and Sophie Alexander also hold directorial roles.
Richard and Ryan Alexander each possess equal shareholding with 10 ordinary shares, totaling ownership of £10.
Financial Performance
For the period ending March 31, 2021, Acorn Developments (NI) Ltd reported notable financial metrics:
- Cash Reserves: £96,162, up by 15.94% from prior year.
- Total Assets: £617,094, a decline of 50.83%.
- Working Capital: £509,593.
- EBITDA: £7,026, marking a 32.18% decrease.
Business Strategy
The company's strategy focuses on developing high-quality, customer-centric homes that embody meticulous attention to detail. This approach is executed through high-end bespoke housing projects, upholding standards set by management.
Key Projects
Highlight projects include:
- A housing project near Lurgan encompassing 60 turnkey homes.
- The £6.2 million Acorn Farm capital build project, with McKelvey Construction Ltd. managing the urban farm component.
Competitors
Within the residential construction sector, Acorn Developments faces competition from:
- Persimmon Homes Developments Limited
- Alexander Duthie & Sons Limited
- Jomast Developments Limited
- Scandia Hus Limited
- Clancy Developments Limited
These competitors highlight a diverse market offering services from extensive property developments to sustainable building initiatives.
Online Presence
Acorn Developments maintains a robust online presence with:
- Official Website: [acorndevelopmentsni.co.uk](http://www.acorndevelopmentsni.co.uk)
- Social Media: LinkedIn, Instagram, and Facebook
The digital brand emphasis is placed on quality construction and customer satisfaction.
Additional Insights
Acorn Developments strategically positions itself for growth by maintaining financial flexibility and strategic partnerships, crucial in navigating the competitive construction industry landscape. Expanding collaboration opportunities with industry counterparts could further innovate building technologies and tap into new market segments.
