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Bathroom pod makers rack-up losses

Bathroom pod makers have been hit by heavy losses as the modular construction market remains “brutal”. Specialist Elements Europe has just posted latest results showing a £5.7m pre-tax loss for the year to December 31 2022 on a turnover of £21.9m. Fellow pod maker Off Site Solutions made a pre-tax loss of £2.1m from a

Kier appoints new London and southern chiefs

Kier has decided to separate its London and Southern construction divisions into distinct operations again, just two years after merging the two business units. The U-turn sees former Morgan Sindall Northern Home Counties area director David Rowsell brought in as new managing director of Kier Construction London. Under Rowsell’s leadership, Kier Construction London will now

Shed builder Readie revenue tops £400m

Essex-based warehouse specialist Readie Construction has doubled in size since the owners sold to an employee-owned trust  over two years ago. The firm saw revenue jump 22% to £421m in the year to March 2023. Its expansion saw the business take on around 40 extra staff lifting head count to 260 staff. This compares with