newland construction
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Financial Security

Newland Construction is a family owned business which was established in 1925, and has a consistent record of profitable and well managed trading.

The country has had a turbulent economic period due to Brexit, Covid 19 and various conflicts around the world, but clients can continue to have complete confidence in our ability to both fund & manage the financial aspects of all the projects awarded to us, particularly as :

  • We continue to operate with high cash balances
  • We have no operational overdrafts or borrowings
  • We own outright our vehicles, site offices/containers and up to date plant and equipment.
  • We have no pension deficits or other long term liabilities

Keeping consistently high cash balances supports our prompt payment policy, a key factor in realizing long lasting and trusting relationships with our subcontractors and suppliers.

 

Company Accountants

Our Accountants are:

Mostons
29 The Green
Winchmore Hill
London
N21 1HS

 

Bankers

Our Bankers are Barclays Bank with whom we have enjoyed an excellent working relationship for over 75 years

Barclays Bank plc
P O Box 294
Ground Floor, Building 2
Turnford Place
Turnford
Broxbourne
Herts
BX3 2BB























A distant relative of ours, Abraham Newland, worked at the Bank of England for 59 years and was Chief Cashier from 1778 – 1807.

During this role his name appeared on all notes and these notes were popularly known as “newlands”, a nickname which persisted long after they ceased to circulate. Born to William Newland, a miller & baker, he was one of 25 children !

He died shortly after retirement and departed this life with some style; led by two bank porters , the funeral was “ten persons deep mourning on horseback” and a plume of feathers, the hearse was followed by six mourning coaches, his private carriage and a number of gentlemen`s carriages. As the cortege passed the Royal exchange, business was temporarily suspended.