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Author Archives: Nicola Harley

Millions paid to Henry family before collapse, administrators claim

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Family members of Henry Construction received millions of pounds from the firm to pay for luxury homes and to settle tax debts prior to its administration, the company’s administrators have claimed. Administrators for Henry Construction Projects Ltd have lodged proceedings at the High Court against both of its former directors,…

Subcontractor usage drops to five-year low, PMI data reveals

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The use of subcontractors has dropped to the lowest level in five years, according to newly released data. It comes as the construction sector saw output and new orders fall at the slowest pace since January. The latest S&P Global UK Construction Purchasing Managers’ Index (PMI) data, released today (5…

Tide sees pre-tax profit drop by almost a third amid sector ‘challenges’

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Tide Construction has seen its pre-tax profit plunge by almost a third, according to its latest accounts. It is the second year running the London-based company, which specialises in building high-density residential schemes using modular methods, has reported a drop. In its accounts for the year ending 31 August 2024,…

Deliveries of bricks and blocks up more than 10 per cent

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Supplies of bricks and concrete blocks to the construction industry have increased by more than 10 per cent compared with a year ago, according to the latest monthly government statistics. Data for construction building materials, released by the Department for Business and Trade (DBT) this morning, revealed deliveries of blocks…

HSE launches investigation after person ‘crushed’ at construction site

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The Health and Safety Executive has launched an investigation after a site worker suffered injuries after being “crushed” at a construction site in York. Ambulance crews were called to the incident which happened at 8.37am on Thursday 29th May in Copmanthorpe, at the site of a new housing development. Miller…

‘Uncertain times’ hit concrete frame specialist’s bottom line

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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…

Woman who defrauded two construction firms ordered to repay £80,000

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A woman who was jailed for defrauding two construction firms of more than £500,000 has been ordered to repay more than £80,000 of the funds she embezzled. Stephanni Houston, 41, of Ayr, was sentenced to 38 months in prison in November 2023 for stealing £516,000 over a four-year period, Scotland’s…

Masterson reports increased order book despite dip in turnover

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Masterson Holdings has seen its turnover drop by a third but said its order book had increased. The Hertfordshire-based construction group saw a 34 per cent dip in turnover from £152.5m to £101m. However, its latest accounts for the year ending 31 August 2024 showed its pre-tax profit inched upwards…

Judge dismisses tribunal discrimination case against Morgan Sindall

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An employment tribunal has dismissed a discrimination case brought against Morgan Sindall on the grounds the claimant was not a contract worker. Electrical installer Mr K Crossland took legal action in October 2024 against contractors Whitehead Building Services Ltd and Morgan Sindall for disability discrimination, age discrimination and victimisation under…

Murphy order book exceeds £5bn as profit surges

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Tier one civils contractor Murphy has seen its pre-tax profit jump by 25 per cent, according to its latest accounts. The firm also boasted a £5.44bn order book at the end of last year – an increase of 64 per cent on 2023 and more than double its 2022 total…