Offsite & MMC

Administrators for a collapsed modular contractor have said there are “insufficient funds” to distribute to supply chain creditors, while the firm’s secured creditor has only received a fifth what it was owed. Sheffield-based IDMH, trading as Lighthouse, went into administration in April last year with the loss of 113 jobs…

Turnover and profit each fell last year at offsite manufacturer Merit Group Services, although the firm hopes to see long-term growth from its investments in research and development (R&D) and automation. The Northumberland firm posted turnover of £79.8m for the 12 months ending 30 June 2024. This was down 10…

Offsite specialist Merit Holdings has insisted its future is “tremendously exciting” despite a huge drop in pre-tax profit in its latest full-year results. Pre-tax profit at the Northumberland-based firm plunged by 72 per cent from £8.4m to £2.3m in the 12 months to 30 June 2024. Its turnover fell 8…

Councils across the UK have abandoned projects involving modern methods of construction (MMC) amid issues around cost and quality, a UK parliamentary committee has heard. Many councils now have a “pretty negative view” of MMC projects and have done away with them entirely, Anna Clarke, director of policy and public…

Offsite specialist McAvoy Group returned to profit after providing temporary buildings to schools hit by the RAAC crisis. Accounts for the year to 31 May 2024 show the firm’s pre-tax profit rose to £217,600, up from a £712,700 loss in its prior year. Turnover soared to £75.5m in the period,…

The entire portfolio of a building company’s modular assets has been put up for auction. More than 500 lots including a 2021 Stour Twin Column Welding Cell and 2020 ABB IRB 8700 Foundry Plus articulated robotic handling arm are available to buy. Asset disposal company BPI said the items represented…

A council in the West Midlands is on the lookout for contractors specialising in modern methods of construction (MMC). Staffordshire County Council launched a search for contractors to join a framework to complete MMC work to the tune of £45m over three years. Jobs will be on an ad hoc…

Modular specialist MTX Contracts has reported a 13 per cent increase in revenue to £129m.  The Cheshire-based building firm also saw its pre-tax profit rise from £5.1m to £6.8m, earning a profit margin of 5.3 per cent, during the financial year ending 31 August 2024.  The group, which uses modern…

NHS England is seeking 10 contractors to join a £37bn framework to deliver dozens of new hospitals.  Last month, the government announced plans to build or redevelop 34 new hospitals between 2025 and 2039, with projects divided into three five-year “waves”, as part of the revamped New Hospital Programme (NHP).…

Reds10 chairman Paul Ruddick is on a mission to make modular work better for everyone Offsite production could enable the construction industry to crack its productivity problem – but getting it off the ground has proven easier said than done, given the string of business failures in the sector over…