Author Archives: Ben Vogel

Pre-tax profit at GMI Construction has doubled amid a “transformational” year for the Leeds-based contractor. The firm recorded a profit of £2.7m for the 12 months to 30 September 2025 – up from £1.2m the year before, according to the latest accounts from its parent company Highgrove Group. Turnover was…

Stronger bidding selectivity has seen McLaughlin & Harvey broaden its profit margin despite a sharp fall in turnover, the contractor’s latest accounts show. Revenue fell by a third (or £258m) to £612.1m but pre-tax profit rose by 52 per cent to £18.2m, according to the firm’s accounts for the year…

Monthly construction insolvencies have surged, according to the latest official figures, leading one analyst to warn of a “difficult winter” for the sector. Insolvency Service data, released on Friday (19 December), shows there were 360 business failures in October. This figure marked a 24 per cent rise on September’s total…

Repeat business and new housing developer clients have helped Applebridge Construction to treble its pre-tax profit, the firm said in its latest annual accounts. The family-owned contractor generated a profit of £21.9m for the year to 30 April 2025 from turnover of £119.6m, as it began to implement a new…

An “overhead restructure” has helped Roger Bullivant increase its pre-tax profit by a third, despite falling turnover. In its latest accounts for the 2024 calendar year, the Derbyshire-based piling and ground engineering specialist said revenue fell by 5 per cent from £87.2m to £82.4m. Pre-tax profit rose by 31 per…

M Group’s pre-tax loss has worsened despite double-digit percentage turnover growth, according to the infrastructure contractor’s latest accounts. The firm – ranked 7th in the CN100 2025 – generated a loss of £87.7m from turnover of £2.5bn in the year to 31 March 2025. However, this drop was attributed to…

Higher civils demand has helped to deliver double-digit percentage growth in turnover and profit at diversified Welsh contractor G Walters Holdings Ltd, according to its latest accounts. The group’s 10 subsidiaries are engaged in plant hire and maintenance; civil engineering; labour supply; demolition and landscape contracting; asset leasing; land reclamation…

Monthly construction sector administrations have surged with the highest total since March, according to the latest data from Creditsafe. The 28 collapses recorded in November marked a sharp increase on October’s 15 failures, and was the joint-highest total since 31 in March. There were also 28 failures in May and…

Cambridgeshire-based structural steel contractor SDM Fabrication Ltd has fallen into administration. Hayley Watson, Chris McKay and Richard Bloomfield of FRP Advisory were appointed on 27 November to handle the company’s affairs, according to a notice on the Gazette website. Watson said: “Our focus is now on supporting impacted employees and…

Project starts in construction have shown signs of recovery after increasing by 3 per cent in the three months to November, according to the latest data from Glenigan. However, the data intelligence provider also found that residential construction remain a drag on the sector. And the weak performance in terms…