Relative to its turnover, profit and contracted work, HCC only avails of a very modest level of Credit support. It is seeking a working capital facility, through Flender Fast Flexible Finance, to support current WIP repayable over 24 months.
Pat Halpin is a qualified carpenter and formed Halpin Complete Construction ("HCC"), t/a Halbrick Construction, in 2012. Since 2012 HCC has grown year on year. HCC has strong relationship with a number of main contractors and secures ongoing work from them. The majority of their current contracts are in the early stages and it will be c. 24 months before these contracts are concluded in full and HCC is anticipating further ongoing projects with each of these developers. HCC is not required to absorb the increased cost of materials on the labour + material jobs, the main contractor (and ultimately end customer) is meeting these increases.