Financials
Built is a financially conservative business that has focused on profitable growth and maintaining a strong balance sheet through reinvestment of the company's profits.
As a cash positive business, the Built group of companies has no debt or overdraft facilities. We have a strategic focus on our core business in construction, refurbishment and fitout and have no investments in property development or other non-core areas.
In 2008/2009 Built turned over in excess of $400m and are on target to deliver a similar revenue figure for 2009/2010.
The company has invested heavily in systems, processes and experienced staff from the industry to safely manage the growth that we have achieved. Built has developed robust cost control and management systems and utilises the "Jobpac" ERP system across the business as a part of this investment. We manage our subcontractors and suppliers efficiently and pay on time.
This contributes significantly to the fact that we have a developed a solid subcontractor base in each of the states in which we operate. This is coupled with a thorough financial review process of all potential customers to ensure that Built's incoming cash position remains secure.
If any further information is required, please do not hesitate to contact Ron Cutler, Chief Financial Controller on (02) 8332 4111.