Barhale has seen an increase in turnover and pre-tax profits as its ongoing five-year business plan continues to pay off. Latest results for the year to June 30 2023 show pre-tax profit up to £4.2m from £3.1m on turnover up to £133m from £109m at the civil engineering, infrastructure and tunnelling specialist. Barhale’s cash position
Lancashire based steeelwork specialist James Killelea & Co Ltd has filed a notice of intention to appoint an administrator. Staff at the family firm are already looking for new jobs after being given the bad news on Friday. Killelea has been in business since 1970 providing structural engineering services including 3D building design, structural steel
Caddick Construction Group has struck a deal to build the UK’s largest speciality fertiliser manufacturing plant in East Yorkshire. Leading commercial developer the Horncastle Group and global crop inputs manufacturer Yara International are planning the facility at Ozone Business Park in Howden. Caddick’s £28m contract will include construction of a manufacturing plant, warehouses, distribution facilities
The London Borough of Sutton has started the hunt for a developer to deliver an ambitious £500m town centre regeneration scheme. The London council has earmarked four key town centre sites that are ripe for redevelopment in its ambitious Sutton Civic and Town Centre Regeneration plan. These include the St Nicholas Shopping Centre, Sutton Civic
Former Galliford Try Environment division managing director Stephen Slessor is joining water treatment specialist RSE as its new CEO. Slessor will start in his new role in January following a 17-year career at Galliford Try He led the merger of GT water with nmcn, creating the largest single contractor to the UK water sector in
Liverpool FC has confirmed its new £60m Anfield stand will not fully open until next year at the earliest. The club took control of the project last month following the collapse of main contractor Buckingham Group. Rayner Rowen Construction was appointed to complete the job which was originally due for completion by the start of
Big four accountant KPMG has been handed a record fine for serious failings in its auditing of Carillion. UK accounting watchdog imposed a total £30m penalty – reduced by 30% to around £21m after co-operation and admissions were taken into account. Elizabeth Barrett, Executive Counsel of the Financial Reporting Council said: “The number, range, and
Construction output fell 0.5% in volume terms in August marking the second consecutive monthly fall. With the wider UK economy bumping along at 0.2% growth, construction has now become a drag on growth rather than a driver. The decrease in monthly output came solely from a decrease in new work (1.5% fall), partially offset by
Two big residential project wins took specialist housing contractor Higgins to the top of the September rankings for new orders. The two estate rebuilds in London swelled the order book by an estimated £250m, involving the Ledbury Estate redevelopment in Southwark and the first phases of the Avondale Estate rebuild in Hillingdon. Morgan Sindall ranked
Vistry bosses have started meeting subcontractors this week to discuss 10% pay cuts on contracts. The Enquirer understands subbies across all trades are being asked to discount 10% off their bills for existing contracts from January and all new work going forward. One subcontractor said: “It was made pretty clear that if we can’t do
