J Smart & Co winds up Kirkcaldy concrete products subsidiary

Property firm J Smart & Co (Contractors) has announced that its subsidiary company Concrete Products (Kirkcaldy) Limited has ceased trading after posting “substantial losses”.

J Smart & Co winds up Kirkcaldy concrete products subsidiary

The listed contractor confirmed the move in a stock exchange announcement on Tuesday afternoon.

In the year to 31 July 2018, the subsidiary’s revenue amounted to £2,100,000 and it suffered a loss before tax of £466,000.



J Smart & Co said: “The directors took this decision due to the substantial losses made by Concrete Products (Kirkcaldy) Limited in the current year to 31 July 2018 and in previous years.”


Share icon
Share this article: