Search Results for: cash reserves

The firm, founded in 2016, ceased trading in September and appointed Manchester-based Horsfields as administrators.

Chief executive, Tom Wakeford, said: “We are ambitious and are currently focusing on setting longer term plans for the business.”

The affordable housebuilder constructs more than 750 new homes annually with 90 per cent of those dedicated to the affordable housing sector.

Recent projects include fire safety upgrades for Westminster City Council and the refurbishment of The Old Police House in Hyde Park.

Average project margins of 13 per cent across a forward order book of £141 million.

Part of the wider Sweco Group, the engineering consultancy also reported a significantly reduced pre-tax loss for the year.

“The construction sector stayed subdued due to infrastructure delays and weak private residential demand, impacting activity levels,” – Tarmac

William Hare continues to prioritise well-funded and growing UK markets with public sector backing, such as nuclear energy.

The housing association, which owns and manages over 70,000 homes, completed 699 new homes during the year, with 3,024 under construction.