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Cash

£101m

HKD 1,056,672,000

+59.9% highest in 3 filed years

Net assets

£164m

HKD 1,719,355,000

+7.2% highest in 4 filed years

Employees

1,201

-14.9% lowest in 3 filed years

Profit before tax

£23m

HKD 243,237,000

-34.6% first positive since 2023

Watchouts

Facts from the Companies House register and the latest accounts — not a rating

Accounts

4-year trend · Δ = latest vs prior filed period · latest reflected 2025-12-31

Metric Trend 2022-12-312023-12-312024-12-312025-12-31 Δ vs prior
Turnover —£720,780,868£893,849,684£754,330,844 -15.6%
Operating profit —-£19,614,883£35,915,255£22,754,363 -36.6%
Profit before tax —-£20,261,526£35,448,921£23,172,491 -34.6%
Net profit —-£20,536,997£32,291,620£21,683,084 -32.9%
Cash —£73,434,553£62,954,606£100,666,108 +59.9%
Total assets less current liabilities —£157,240,079£191,816,785£207,925,463 +8.4%
Net assets —£118,020,545£152,790,217£163,798,015 +7.2%
Equity £146,871,790£118,020,545£152,790,217£163,798,015 +7.2%
Average employees —1,4411,4111,201 -14.9%
Wages —£68,601,681£68,442,653£78,302,721 +14.4%
Directors' remuneration —£1,631,857£1,691,009£1,251,048 -26%
Directors' pension contributions ——£132,638£101,841 -23.2%
Highest paid director —£346,896£362,681£292,661 -19.3%

Figures converted to GBP from HKD at 0.0953 per HKD (Frankfurter spot rate) — hover any figure for the original. — indicates the figure wasn't present under that line item in that period. The Δ column is the change from the prior filed period as a percentage of |prior|; lines a company doesn't report show —. About these numbers

Ratios

Computed from the line items above — sparklines read oldest → newest

Ratio Trend 2022-12-312023-12-312024-12-312025-12-31
Operating margin —-2.7%4.0%3.0%
Net margin —-2.8%3.6%2.9%
Return on capital employed —-12.5%18.7%10.9%
Gearing (liabilities / total assets) —74.8%67.3%62.8%
Current ratio —1.50x1.69x1.89x
Interest cover —-14.62x35.80x—

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.

Name history

Renamed 5 times since incorporation

  1. BUILD KING CONSTRUCTION LIMITED 2016-03-03 → present
  2. KADEN CONSTRUCTION LIMITED 2006-03-20 → 2016-03-03
  3. KIER HONG KONG LIMITED 1983-08-03 → 2006-03-20
  4. KIER OVERSEAS (THIRTEEN) LIMITED 1981-12-31 → 1983-08-03
  5. KIER IRAQ LIMITED 1980-12-31 → 1981-12-31
  6. KIER IRAQ LIMITED 1978-12-19 → 1980-12-31

Audit & accounting basis

Accounting basis
FRS 101
Reporting scope
Standalone (parent only)
Auditor
Shinewing Wilson Accountancy Limited
Audit opinion
Unqualified (clean)
Going concern
Affirmed

“Having made appropriate enquiries, the directors consider it reasonable to assume that the company has adequate resources to continue in operation for the foreseeable future, being not less than 12 months from the approval of these financial statements”

Significant events

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

People

16 active · 25 resigned

Name Role Appointed Born Nationality
REED SMITH CORPORATE SERVICES LIMITED Corporate Secretary 2011-08-01 — —
BOOK, Kin Man Director 2010-09-01 Oct 1967 Chinese
CHAN, Chi Ming Director 2024-11-11 Feb 1967 Chinese
CHAN, Wing Ho Director 2020-02-14 Dec 1976 Chinese
CHEUNG, Siu Lun Director 2007-02-01 Oct 1950 Chinese
FONG, Wai Pan Director 2021-12-28 Oct 1977 Chinese
KWOK, Chi Ko Director 2011-12-12 Aug 1956 Chinese
LEE, Man Wai Director 2016-03-10 Feb 1961 Chinese
LIU, Hoi Yu Director 2025-01-03 Jun 1974 Chinese
LIU, Sing Pang Director 2008-04-28 Aug 1961 Chinese
LUI, Yau Chun Paul Director 2009-02-20 Mar 1961 Chinese
SO, Yiu Wing Director 2011-12-12 May 1974 Chinese
TSE, Mau Kay Director 2025-04-01 Sep 1975 Chinese
TSUI, Wai Tim Director 2013-12-12 Aug 1962 British
YIU, Cheuk Hung Director 2015-08-27 Aug 1965 Chinese
YU, Man Kit Director 2020-02-14 Oct 1974 Chinese
Show 25 resigned officers
Name Role Appointed Resigned
THOMPSON, Harold Lister Secretary — 2005-06-15
RB SECRETARIAT LIMITED Corporate Secretary 2005-06-15 2011-08-01
CHAN, Tom Wai Hung Director 1993-01-01 2002-05-25
CHANG, Kam Chuen Desmond Director 2009-02-20 2014-05-16
CHOY, Hon Ping Director 2010-01-02 2012-08-31
CLARKE, Alan Director 2002-03-15 2009-02-28
DODDS, John Director — 1993-03-08
DUREY, David John Director 2000-09-07 2005-06-15
FAHERTY, Robert John Director 1999-08-01 2000-09-20
FRANCIS, Robert Graham Mckenzie Director 1993-03-08 2000-04-03
HALLER, Richard Anthony Director 2001-04-02 2002-03-15
LAU, Chi Woon Director 2005-06-15 2009-02-28
LAWSON, John William Hilton Director 1993-03-08 1999-06-28
LUK, Chi Chung Peter Director 2023-12-21 2024-11-11
MITCHELL, Cyril Leslie Director — 1993-03-08
MOK, Hon Wa Kenneth Director 2017-04-13 2025-01-03
SHENNAN, Graham Alexander Director 1999-07-01 2001-04-02
STANILAND, Paul John Director — 2002-03-15
TRAYLING, Gordon Christopher Director 1995-02-06 1999-07-23
TSANG, Francis Wing Ho Director 2013-02-28 2017-04-13
VOWLES-SHERIDAN, Michael Jonathan Director 1995-01-01 1997-06-25
WONG, Chee Keung Director 2008-04-28 2008-07-23
WU, Siu Ho Director 2012-11-23 2018-09-30
YUE, Pak Lim Director 2012-08-31 2016-12-31
ZEN, Wei Peu Derek Director 2009-02-20 2014-05-16

Ownership

Persons with significant control

No persons with significant control on record.

Filing timeline

Last 20 of 243 total filings

Date Type Category Description
2026-09-25 AA accounts Accounts with accounts type full
2026-09-04 CH01 officers Change person director company with change date PDF
2026-05-05 CH01 officers Change person director company with change date PDF
2026-01-09 CH01 officers Change person director company with change date PDF
2026-01-09 CH01 officers Change person director company with change date PDF
2025-10-20 CH01 officers Change person director company with change date PDF
2025-10-16 CH01 officers Change person director company with change date PDF
2025-10-16 CH01 officers Change person director company with change date PDF
2025-10-03 CS01 confirmation-statement Confirmation statement with no updates PDF
2025-09-24 AA accounts Accounts with accounts type full
2025-04-03 AP01 officers Appoint person director company with name date PDF
2025-01-14 TM01 officers Termination director company with name termination date PDF
2025-01-14 AP01 officers Appoint person director company with name date PDF
2024-12-17 AA accounts Accounts with accounts type full
2024-11-19 AP01 officers Appoint person director company with name date PDF
2024-11-19 TM01 officers Termination director company with name termination date PDF
2024-10-14 CS01 confirmation-statement Confirmation statement with no updates PDF
2024-07-05 CH04 officers Change corporate secretary company with change date PDF
2024-07-05 AD01 address Change registered office address company with date old address new address PDF
2023-12-28 AP01 officers Appoint person director company with name date PDF

Public-record activity

Raw counts from Companies House — last 12–24 months

Filings
9

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.

Official Companies House page