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Steel contractor William Hare edges back to break-even

Constructional steelwork contractor William Hare delivered a modest £108,000 pre-tax profit last year after losses of £3.6m in the prior year. Revenue at the Bury headquartered specialist contractor, which employs 676 staff, slipped by a quarter to £165m, as EBITDA margin recovered to 1.4%. Despite the revenue slide, the country’s second biggest steelwork contractor said

Clients consider options after Westridge collapse

Clients of collapsed contractor Westridge are looking for alternative builders after the firm confirmed its fall into administration. The £64m turnover contractor specialised in projects up to £15m in the housing, education, healthcare, lesiure and commercial markets across the South East. Administrators from Crowe UK LLP took control of the company earlier this month. Westridge

Eric Wright Construction returns to profit

Eric Wright Construction is back in the black posting a pre-tax profit of £828,000 -it’s best return for 11 years. Turnover at the construction arm last year increased to £59.8m from £50.3m in 2021 as the business recovered post pandemic. The construction performance helped underlying trading profits at Eric Wright Group increase to £11.9m from

Balfour boss Leo Quinn backs rainbow lanyards

Balfour Beatty Group Chief Executive Leo Quinn is now sporting a rainbow lanyard on his company ID badge to show “visible leadership” in the contractor’s push towards “becoming a truly diverse and inclusive business.” Quinn met last week with some of the co-chairs from Balfour Beatty’s five employee-led Affinity Networks – Ability, Gender, LGBTQ+, Multicultural