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Page 1 of 8 Classified Paint And Electrical Contractors Ltd.
COMPANY PROFILE
As at March2015
Page 2 of 8 Classified Paint And Electrical Contractors Ltd.
CLASSIFIED PAINT AND
ELECTRICAL CONTRACTORS
LIMITED.
Rattansi...
Page 3 of 8 Classified Paint And Electrical Contractors Ltd.
COMPANY STRATEGY
Purpose - To be a leader in the real estate ...
Page 4 of 8 Classified Paint And Electrical Contractors Ltd.
WHAT IS CLASSIFIED PAINT AND ELECTRICAL CONTRACTORS LTD?
Clas...
Page 5 of 8 Classified Paint And Electrical Contractors Ltd.
year with 82,000 of them springing up in the urban areas. Acc...
Page 6 of 8 Classified Paint And Electrical Contractors Ltd.
OBJECTIVES OF THE COMPANY
 To achieve customer mix of about ...
Page 7 of 8 Classified Paint And Electrical Contractors Ltd.
SOLUTIONS
 Our main aim is to ensure customer satisfaction.
...
Page 8 of 8 Classified Paint And Electrical Contractors Ltd.
TARGET CUSTOMER (S)
 The company will initially focus in all...
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COMPANY PROFILE WORD 2

  1. 1. Page 1 of 8 Classified Paint And Electrical Contractors Ltd. COMPANY PROFILE As at March2015
  2. 2. Page 2 of 8 Classified Paint And Electrical Contractors Ltd. CLASSIFIED PAINT AND ELECTRICAL CONTRACTORS LIMITED. Rattansi Education Trust House, 4th Floor, Koinange Street. P.o. Box 14379 – 00400, Nairobi. TEL : +254720503556 EMAIL : info@classifiedcontractors.co.ke classfiedlimited@gmail.com WEB : www.classifiedcontractors.co.ke
  3. 3. Page 3 of 8 Classified Paint And Electrical Contractors Ltd. COMPANY STRATEGY Purpose - To be a leader in the real estate industry by providing Enhanced services, relationships and profitability. Vision - To provide quality services that exceeds the expectations of our Esteemed customers. Mission Statement - To build long term relationships with our customers and clients And provide exceptional customer services by pursuing business through innovation and advanced technology. Core Values - We believe in treating our customers with respect and faith. We grow through creativity, invention and innovation. We integrate honesty, integrity and business ethics into all aspects of our business functioning. Goals - Regional expansion in the field of property management, Construction, provision of goods and services; and develop a strong base of key customers. Our overall strategy will be based on ensuring continuous improvement process of setting objectives, measuring results and providing feedback to facilitate further growth and progress. Increase the assets and investments of the company to support the development of services. To build good reputation in the field of real estate and property management and become a key player in the industry.
  4. 4. Page 4 of 8 Classified Paint And Electrical Contractors Ltd. WHAT IS CLASSIFIED PAINT AND ELECTRICAL CONTRACTORS LTD? Classified Paint & Electrical Contractors Ltd is a limited company incorporated on the 8th day of September, 2014. As a start up that was designed by three young and innovative individuals seeking to venture into the construction, housing and real estate sectors. The company plans to use new innovations and technology available to make it a reality to many who wish or dream of owning a house and or business premises. To make this a reality, the company plans to use ready and available opportunities in the supplies of goods and services to public and private institutions through expressing interest in tendering and to sub – contract by / and or other companies. The supplies will be mainly those related in the field of construction and or any other that the company deems right as indicated below and our Memorandum and Articles of Association. THE OPPORTUNITY SIZE OF THE MARKET AND GROWTH RATE IN THE INDUSTRY According to the Ministry of Lands, Housing and Urban Development, rapid urban development is expected to the urbanization level from the current 34% to slightly over 50% by 2030. This is slowly coming into reality as Kenya’s demographic, social and economic landscape is already undergoing radical transformation as the country implements the developed system of governance with counties gaining autonomy and financial resources. This transformation has been greatly influenced by the construction industry which accounts for 5% of Kenya’s GDP and employs about 1 million people. (Construction Business Review, 2011) The housing index survey by the Kenya Bankers Association (KBA) revealed that 68% of home owners built their own units compared to 17% who acquired readily built homes. With the trend, companies in construction industries are working towards improved technologies of building homes that are both cost effective as well as reduced time of construction and labour requirements to make it a reality to many. The construction industry is expected to observe exponential growth as the government and private developers increase investments in infrastructure and housing: firstly due to a huge deficit in the country’s infrastructure and secondly, rapid growth in population which has led to a soaring demand in housing. The housing industry is currently growing at 206,000 units a
  5. 5. Page 5 of 8 Classified Paint And Electrical Contractors Ltd. year with 82,000 of them springing up in the urban areas. According to the Kenya National Bureau of statistics (KNBS), the construction sector grew by 5.5% in 2013 as compared to 4.8% in the previous year boosted by increase in the value of building plans approved in the housing sector which rose to 34.2%. This has created opportunity for middle and low income housing, manufacture and supply of construction materials and components as well as in the area of upgrading informal settlements. The level of building and construction activities in a country is an indicator of the general economic performance of that economy due to linkages with most other sectors with corresponding demands for material and labor inputs” KNBS said. MARKET ESTABLISHMENT  At present we have identified existing markets in Nairobi and its environs as well as its outskirts, Kiambu, Kirinyaga and Machokos Counties. Although other Counties are slowly gaining momentum as the demand for better housing continues to grow enormously.  Kiambu County is slowly gaining popularity as it’s considered the next best investment option for local and foreign investors in the construction industry. This ribbon development has been influenced by the multilane Thika Super Highway, the Northern Bypass and towns like Ruiru which is currently harvesting from a house boom since there are many coffee estates which are being converted into residential houses. Though the land values at these areas are exorbitant, developers are positive of putting up developments that will give maximum returns hence birth of projects such as the Taut City and the Kahawa Downs Development Estate.  Kirinyaga on the other hand has shown significant rise in implementing development strategies that have catapulted the country into the fastest growing county in the central region. Also as land levels in Nairobi, with the rapid growth of the construction industry especially in the real estate sector have become a key element in establishing successful projects. And with the National Construction Authority (NCA) having recently developed new laws to curb out quarks in the industry.  Machakos County too, located in between Nairobi and the Coast region is another key area prone to development, with upcoming mega projects like the ICT’s Konza City in Athi River and many more.
  6. 6. Page 6 of 8 Classified Paint And Electrical Contractors Ltd. OBJECTIVES OF THE COMPANY  To achieve customer mix of about 30 per cent commercial and 60% residential contracts.  To expand operations to the greater urban areas and extensive regions of the country.  To be among the leading contractors that have helped to spear head the Millennium Development Goals of Vision 2030 in the construction industry.  To achieve Annual sales revenue of approximately Ksh. 3 Million by the year three.  Supply of goods, high and best quality and up to the standard materials.  To use latest innovations and technology that are eco friendly that will help in minimizing the cost of building by over 30% thus making home ownership a reality to everyone who dreams of owning a home. CHALLENGES IN THE INDUSTRY  Lack of credibility from hired individuals due to lack of proper workmanship.  Poor scheduling of job projects.  Decrease in customer satisfaction and retention  High cases of repeat business  Poor project management  Use of sub standard materials  High cost of construction and building thus making the housing units unaffordable to many. OUR PRODUCTS AND SERVICES Our service is mainly contracting of construction works. These works include, 1. Paint works and paints supplies 2. Electrical Works and supplies 3. Plumbing works 4. Interior design 5. Mechanical works 6. Gardening and Landscaping 7. Property Management 8. Building materials 9. Construction management 10. Building maintenance and repairs We also supply goods and services in mechanicals, electrical, plumbing, and tilling and all construction works in general.
  7. 7. Page 7 of 8 Classified Paint And Electrical Contractors Ltd. SOLUTIONS  Our main aim is to ensure customer satisfaction.  Provide well researched information about our client need so as to ensure that both parties make informed decisions.  To provide services in the timeliest manner and with an ongoing comprehensive quality control program.  The team is one made of professionals who see each contract as an agreement not between a business and a customer, but between partners who wish to create a close and mutually beneficial long-term relationship.  Use of new methods of technology and innovations to subsidize the cost of building and or construction.  Use of up to the standard materials to avoid repeat business.  Making sure that suppliers are of quality and delivered in the stipulated schedule of time, i.e. on time. UNIQUENESS OF OUR PRODUCTS AND SERVICES  Classified Paint and Electrical Contractors believes in handling each project in a professional and noble manner by ensuring that each project has an inventory coordinator, and at least have one expediter.  Having a dedicated project manager who is capable of handling quality-control issues so as to ensure that our client gets exactly what he or she had bargained for.  Our services are appealing to the high, middle and low income earners who have the will and desire to see their dreams turn into tangible reality.  The company will use versatile and completely adaptable methods for a variety of building configurations.  We offer turnkey solutions right from design and planning, construction, modular building materials among other construction services.
  8. 8. Page 8 of 8 Classified Paint And Electrical Contractors Ltd. TARGET CUSTOMER (S)  The company will initially focus in all regions with customers who have ventured into the construction industry and still willing to expand and work with a dynamic team of contractors. The company has rigorously examined its financial projections and concluded that the regions are conservative in profits and generous in expenditures.  Private and Public developers.  Construction contractors looking for sub – contractors. MANAGEMENT SUMMARY Classified Paint and Electrical Contractors Limited Company has five employees with different qualifications. A Civil Engineer, Mechanical Engineer, Mechatronic Engineer, a Business and Project Coordinator and a Lawyer. This team of result oriented individuals will use their expertise in their respected fields for the smooth and effective running of the company’s day to day business to deliver quality, efficient and on – time services to our clients.

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