Supply Chain

Earthworks specialist ZTL Contracting has grown its turnover by two-fifths, according to its latest filing. The Middlesbrough-registered firm - which also has offices in Wakefield - posted revenue of £19.5m for the six months to the end of April this year. This equated to a 41 per cent increase, on…

Planning obstacles, land purchase challenges and financial pressures are inhibiting growth for smaller housebuilding firms, experts have warned. Without changes to planning laws and improved financing in the sector, SME housebuilders will be unable to increase their market share as the sector gears up to build 1.5 million homes by…

Credit insurance has helped to protect a structural steel firm’s bottom line from the collapse of ISG. A trading update to the London Stock Exchange by Billington Holdings plc this morning (11 December) revealed its credit insurer had already made an interim settlement on a claim for ISG work. The…

Contractor workload was hit by rising costs in the mechanical and electrical (M&E) sector this summer, according to new research. This resulted in tender growth falling to a three-and-a-half year low, according to a survey by leading framework provider Southern Construction Framework (SCF). Although tender workload was up 0.9 per…

This year’s scaffolding index includes just one new entrant but the top and bottom of the rankings have changed. All 10 firms recorded a profit in their most recent accounts and the median pre-tax margin rose to 7.6 per cent compared with 5 per cent in 2023’s index. Turnover broke…

The top 10 UK steel contractors saw their total revenue rise by 2 per cent or £21.8m compared with the previous year’s figures, with eight firms reporting increased year-on-year revenues. The top steel companies brought in a respectable total revenue of £1.37bn in their most recent accounts, up from £1.35bn…

The UK’s top 10 mechanical and electrical (M&E) firms grew their collective revenue by a fifth in their latest accounts, according to this year’s index. The sector’s biggest firms posted combined revenue of £3.68bn in their most recent accounts. This was a 21 per cent increase on the previous year’s…

This year’s index sees a welcome expansion in turnover and profit for the 10 largest ground engineering firms – but postponed projects look set to send the sector’s next round of results in reverse. Across the board, turnover increased by 26 per cent to £1.09bn while average pre-tax profit margin…

In the first-ever CN fit-out index, Morgan Sindall subsidiary Overbury leads the pack with turnover of £1.01bn for the year to 30 March 2024, marking a 15 per cent year-on-year increase. Its revenue surge generated a pre-tax profit of £71.2m and a pre-tax margin of 7.1 per cent – healthy…

When glazer Alucraft Systems filed for administration in April, a company statement cited “an extremely challenging trading environment”. Then in August, Skonto Plan UK went into administration too. With a £50m turnover in its latest accounts, it would have appeared in this year’s top 10. These two firms are far…