Getjar has seen its turnover almost halve over the past year, its latest accounts show. The concrete-frame specialist posted a 42 per cent drop in turnover from £124m to £71.6m over the past year. Its latest accounts, for the year ending 31 August 2024, show its pre-tax profit dropped 12.3…
Supply Chain
Economic ‘uncertainty’ pushes down profit at scaffolding firm
A major scaffolding firm has blamed cost inflation, economic uncertainty and a reduction in new starts for its dipping profit. Uxbridge-based PHD Modular Access Services said it was “satisfied with the results particularly in light of the fiscal and diminished macro environment” that the construction industry had faced. It posted…
Osborne administrators face counterclaims on all ongoing projects
Administrators for collapsed contractor Geoffrey Osborne have engaged lawyers to deal with counterclaims on every contract the firm was working on when it went under. RSM Restructuring Advisory – called in last April when Geoffrey Osborne went under – said in an update published this week that Osborne had eight…
Judges shortlist 163 entries for CN Specialists Awards 2025
The shortlist for the CN Specialists Awards 2025 has been revealed. A total of 163 entries – a dozen more than last year - made it through the first round of judging, with 108 companies represented across 23 categories. Modular builder Zed Pods - one of the 2024 award winners…
Demolition contractor chosen for £250m Glasgow regeneration scheme
Reigart Contracts has been appointed to carry out demolition on the first phase of a £250m regeneration scheme at Charing Cross in Glasgow. The move marks a step forward for the Charing Cross Gateway project, led by CxG Glasgow Limited. Reigart is due to complete enabling works on the site,…
Plans to fine developers sitting on land ‘could hit housing supply’
Stringent new powers to allow councils to fine developers sitting on land, and also strip them of sites if they do not meet targets, could reduce the sector’s ability to build homes, experts have said. The warning comes as the Ministry of Housing, Communities and Local Government (MHCLG) said the…
‘Very significant’ material inflation hits concrete specialist’s bottom line
Profit at concrete specialist MPB Structures dropped last year after the firm had to deal with “very significant inflation” in raw material costs caused by the war in Ukraine. The Northampton-headquartered firm – the UK’s 10th biggest concrete contractor in the CN Specialists Index 2024 – reported a pre-tax profit…
Retrofitting report calls for scheme to tackle rogue traders
A report on retrofitting is calling for retrofit contractors to be licensed, in a bid to restore consumer confidence in home-heating decarbonisation schemes amid the ongoing skills crisis. The Energy Security and Net Zero Committee (ESNZC) says the government needs to make crucial decisions in the next few months if…
Dozen firms appointed to £96m Yorkshire roads framework
Six local authorities in Yorkshire have awarded a joint £96m framework for surfacing and planing works, appointing 12 contractors across eight lots. The Yorkshire Alliance Contract, procured jointly by the councils of Bradford, Calderdale, Kirklees, Leeds, Wakefield and York, covers carriageway and footway resurfacing, planing, traffic management, waste disposal and…
FP McCann wins defamation payout over false immigration claim
The Home Office has agreed to pay substantial damages after falsely announcing that precast concrete firm FP McCann had been fined for illegally employing workers on a job in North Wales. Officials made 13 arrests after a raid at the £600m Shotton Mill development in Flintshire in March last year.…