Studentshare
Subjects
Finance & Accounting
The Financial Risks in Taylor Wimpey plc, Comparison It with Bellway plc

The Financial Risks in Taylor Wimpey plc, Comparison It with Bellway plc - Research Paper Example

Add to wishlist

Summary

The paper "The Financial Risks in Taylor Wimpey plc, Comparison It with Bellway plc" describes that the analysis indicates that Taylor Wimpey’s business is very risky and the construction industry has a higher rate of insolvency when compared to other industries…

Download full paper File format: .doc, available for editing

GRAB THE BEST PAPER93.4% of users find it useful

The Financial Risks in Taylor Wimpey plc, Comparison It with Bellway plc

Read Text Preview

Subject: Finance & Accounting
Type: Research Paper
Level: Masters
Pages: 36 (9000 words)
Downloads: 2
Author: jonesrozella

Extract of sample "The Financial Risks in Taylor Wimpey plc, Comparison It with Bellway plc"

Download file to see previous pages

Taylor Wimpey plc and Bellway plc companies have carried out work in Africa, Asia, Australia, the United States and other parts of Europe. The company operates from offices in the UK and Spain and focuses on the development of residential properties. In the UK the company operates from 24 regional offices across England, Scotland and Wales (Taylor Wimpey 2011b). Over the years, the company has built a wide range of properties from one and two-bedroom apartments to five bedroom detached houses.

In addition to its UK and Spain construction business Taylor Wimpey also operates two other businesses - Prestoplan and Taylor Wimpey Logistics (TWL). Prestoplan is the company’s timber frame solutions business which allows for the simplification of on-site construction while TWL is its supply chain logistics business that sources materials in bulk from suppliers ‘just in time’ for carrying out construction (Taylor Wimpey 2011c). The industries in which Taylor Wimpey competes include residential construction contractors, the construction sector, and residential real estate development (Hovers 2011).

The company’s main competitors are Bellway plc which is located in Newcastle Upon Tyne in the UK and The Berkeley Group Holdings plc in Cobham, Surrey. 2.0 Financing Decisions According to Edum-Fotwe et al (1995) the construction industry in the UK has always experienced a high level of insolvencies when compared to other industries. One of the main causes of this is the improper use of cash resources (Chen et al 2010). It is therefore important that regular performance evaluation is carried out in order to determine the strategies to use in order to ensure survival.

Financial analysis using a number of ratios, therefore, becomes important.

...Download file to see next pages Read More

Cite this document

APA
MLA
CHICAGO

(“Financial Risk Essay Example | Topics and Well Written Essays - 2250 words”, n.d.)
Financial Risk Essay Example | Topics and Well Written Essays - 2250 words. Retrieved from https://studentshare.org/finance-accounting/1441549-financial-risk

(Financial Risk Essay Example | Topics and Well Written Essays - 2250 Words)
Financial Risk Essay Example | Topics and Well Written Essays - 2250 Words. https://studentshare.org/finance-accounting/1441549-financial-risk.

“Financial Risk Essay Example | Topics and Well Written Essays - 2250 Words”, n.d. https://studentshare.org/finance-accounting/1441549-financial-risk.

Cited: 0 times

CHECK THESE SAMPLES OF The Financial Risks in Taylor Wimpey plc, Comparison It with Bellway plc

Strategic Plan for Bellway Plc

The company that is dealt with in this paper is the bellway plc.... nbsp; A major part of bellway plc's plan of action must include following a strategy based on gaining competitive advantage as well as achieving sustainable entrepreneurial growth.... Let us first examine competitive advantage to see how and where it will fit in with the overall growth and expansion of the bellway plc in securing buyers from the global market like Asia, US, and other countries....

16 Pages (4000 words) Assignment

Strategic Marketing Plan Bellway Plc

This study is an effort to chalk out a course of action for bellway plc under the prevailing circumstances.... hile devising a marketing plan for bellway plc for the coming years, we need to think about two broad strategies;i.... marketing plan for bellway plc forms an integral part of its broader business plan implying in words and numbers how, where and to whom Bellway proposes to offer its services to its existing as well as prospective customer under the highly challenging circumstances....

18 Pages (4500 words) Essay

Financial Reporting of Persimmon plc

The main objective of this report “Financial Reporting of Persimmon plc” is conducted both fundamental and technical analyses on the Persimmon plc against its main competitor so as to establish measures and procedures that help in position the organization as the leader in the housing industry.... Persimmon was founded in 1972 by Duncan Davidson, from its initiation the organization has expanded tremendously and so far the firm operates 24 regional offices building homes in most areas in the united kingdom (Persimmon plc)....

10 Pages (2500 words) Assignment

The Art and Science of Technical Analysis

Many people believe that the LSM holds the ideology where the rich get richer by owning percentages of firms in the financial market.... In this paper, these two phenomena have been identified and explained comprehensively and a comparison analysis has been made to further explain how trades can be made in the London stock market.... The mechanisms of trading in the stock market have been complicated for these investors, a phenomenon that has increased the risks of investment....

11 Pages (2750 words) Essay

Financial Analysis: British Airways Plc

This information is utilized by auditors for its reliability in comparison to the financial statements.... Both, the statements of Chairman and CEO provide an objective but a rich view of the financial status of the organization.... This is evident from: His discussion of the merger with Iberia and other companies, all under consideration The role of CAA in regulating BAA airports The British government in meeting the financial crisis Upcoming London Olympics Whereas the CEO report provides a future outlook of the business keeping in view The tougher economic conditions the airline is focusing on in lieu of which it is cutting back its operational costs and reducing its fleet size (British Airways, 2009) The yearly report recognizes the foremost dangers and uncertainties associated with the business....

7 Pages (1750 words) Case Study

Unilever PLC and P&G Financial Comparison

This study mainly aims to assess the financial as well as an operational state of the target firm against the comparable as well as the market portfolios.... Data for four years have been taken to formulate the financial ratios and hence the profitability ratios on excel.... hellip; the financial analysis for a company is done using the historical data.... However, most of the financial analysts and their clients are most concerned about what would happen in future....

10 Pages (2500 words) Case Study

Financial Analysis for Taylor Wimpey

The paper "Financial Analysis for taylor wimpey" states that the firm has been using a combination of long term as well as equity financing mix.... A closer look at the financial health of the firm will indicate that its total revenue has declined from £4.... Before that period this ratio was normal and as such there was no sudden increase in the financing mix before the start of the financial meltdown in the country.... The current performance of the firm, therefore, may not be considered as healthy and significant owing to the current financial downturn wherein home building business has been hit the most due to general decline in the credit extended for acquiring the mortgages....

6 Pages (1500 words) Case Study

Financial Analysis of Tesco Plc

This case study "Financial Analysis of Tesco plc" analyzes the performance of the Tesco plc using ratio analysis.... he company's performance and financial Analysis is done using ratio analysis.... Ratio analysis is a procedure where an item of financial data is compared with another item of financial data to interpret the relationship between the two so that an understanding can be developed about the information and hence conclusions could be drawn....

8 Pages (2000 words) Case Study