Roseground Ltd: Building up Bedfordshire with on-demand finance

Located in the heart of Bedfordshire, Roseground Ltd is a construction firm specialising in a wide spectrum of projects—from developing housing estates to re-locating entire factory complexes. With Lenkie’s financial support they’ve unlocked new opportunities to scale, taking on large apartment projects and expanding their network of joiners, carpenters, and subcontractors. Now equipped with flexible credit, Roseground exemplifies how SMEs in the construction sector can make use of additional funding to thrive in the UK housing and development market.

The cash flow crunch

It’s well-known that taking on work in construction requires capital-intensive investment at the beginning of the project. For Roseground, who take on multiple contractor and designer roles within their projects, the up-front investment is even steeper. 

Steel, drylining, and countless other materials need to be purchased. Then machinery hired to transport and work those materials. Finally, there’s the subcontractors and workers who, without weekly payment, would leave work in limbo. As with Roseground’s factory projects, bespoke design teams may even be contracted. Whilst necessary, all of this labour isn’t cheap. A shortfall of 250,000 to 300,000 skilled workers has created huge demand and inflated rates within the sector.

What about cash in the door? Whilst firms like Roseground submit monthly valuations, it can take weeks until the work is approved and funds settled. That’s not least including the extra delays at risk when standards aren’t met. Small and medium sized firms simply don’t have the bandwidth to stagger multiple projects and ensure a constant inflow of revenue. As such, whilst asset finance might be suitable for funding trucks or vans, growing firms still need access to working capital funding so they can keep their subcontractors happy and materials on site.

And yet, it’s no walk-in-the-park for construction firms when it comes to cashflow support. Restrictive underwriting criteria often mean that banks, if able to lend at all, can offer little more than expensive loans, tiny business overdrafts, or client-intensive invoice financing.

How Lenkie helped 

Jason, Roseground’s Finance Director, approached Lenkie in September 2024 to discuss funding for their upcoming projects. Lenkie’s credit facility, allowing the business to pay project costs immediately and spread repayment over 1 to 12 months, was a perfect fit. It enables Roseground to fund supplies, equipment, and labour upfront without needing to worry about payment until the work is done.

With hundreds of invoices to pay every week, each one ranging from £100 to £40,000, Lenkie’s Bulk Payments feature has proved essential for allowing Jason to process his weekly payments smoothly. Moreover, thanks to automated checks, the facility makes quick work of approving payments for the dozens of building suppliers, scaffolders, and equipment firms subcontracted by Roseground, too.  

Building tomorrow 

The UK construction market still rests on the edge of crisis. SMEs make up 86% of the sector, leaving firms like Roseground to fill the gaps. With the Labour government pledging to build 300,000 homes a year and invest £7.3bn in clean infrastructure, Lenkie helps Roseground to drive the initiative in Bedfordshire, delivering turnkey projects that are built to last.