Top 100 Construction Companies 2022
The Construction Index’s latest Top 100 shows leading construction companies altogether earned £70.4bn in revenue, according to accounts available at Companies House on 29th July, 2022. This was an increase of just 3.2% on the previous year’s results for the same companies, but turnover has increased at 62 of the Top 100 and there has been a massive upswing in terms of profitability.
Only 14 firms in the Top 100 registered a loss in their latest accounts. For many of those business, which include Tarmac Trading, Mace, NG Bailey and McLaren, the most recent figures available at Companies House for were for 2020, when the pandemic was wreaking the most financial damage.
As a result, a combined profit for the Top 100 could have been even greater than the £1,404m we see here. This aggregate profit was a huge improvement on the previous trading year, when the same 100 companies posted an aggregate loss of £43m.
The reason for the huge swing is that the majority of the annual results posted here are compared to a previous accounting period that was caught up in the eye of the pandemic. Companies including Kier, Amey and Multiplex posted huge deficits in their previous year’s trading and that dragged the overall figure into the red.
Taking away the losses posted by those three companies, the rest of the Top 100 generated profits of £450m in the previous year. That is perhaps a better illustration of the rebound in the industry’s fortunes.
| Latest Rank By Turnover | Latest Rank By Profit | Company | Reporting Period | Latest Turnover (£m) | Previous Turnover (£m) | Change (%) | Latest Pre-tax Profit (£m) | Previous Pre-tax Profit (£m) | Change (%) | Latest Margin | Previous Margin |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | 3 | Balfour Beatty Plc | Dec-21 | 8,263.0 | 8,593.0 | -3.8 | 87.0 | 48.0 | 81.3 | 1.1 | 0.6 |
| 2 | 64 | Kier Group Plc^ | Jun-21 | 3,328.5 | 3,475.6 | -4.2 | 5.6 | -225.3 | 102.5 | 0.2 | -6.5 |
| 3 | 2 | Morgan Sindall Group Plc | Dec-21 | 3,212.8 | 3,034.0 | 5.9 | 126.2 | 60.8 | 107.6 | 3.9 | 2.0 |
| 4 | 99 | Amey UK Plc^ | Dec-20 | 2,406.8 | 2,546.7 | -5.5 | -98.0 | -109.2 | 10.3 | -4.1 | -4.3 |
| 5 | 31 | ISG Ltd | Dec-21 | 2,263.7 | 2,043.1 | 10.8 | 18.5 | 8.9 | 107.9 | 0.8 | 0.4 |
| 6 | 5 | Keller Group Plc | Dec-21 | 2,224.4 | 2,062.5 | 7.8 | 71.6 | 63.8 | 12.2 | 3.2 | 3.1 |
| 7 | 100 | Tarmac Trading Ltd | Dec-20 | 1,828.7 | 2,128.9 | -14.1 | -129.8 | -3.1 | -4,087.1 | -7.1 | -0.1 |
| 8 | 14 | Mace Ltd | Dec-20 | 1,730.5 | 1,782.2 | -2.9 | 31.9 | 33.3 | -4.2 | 1.8 | 1.9 |
| 9 | 11 | Wates Group Ltd | Dec-21 | 1,626.0 | 1,449.2 | 12.2 | 35.9 | 0.8 | 4,179.1 | 2.2 | 0.1 |
| 10 | 15 | M Group Services Ltd | Mar-22 | 1,545.3 | 1,260.5 | 22.6 | 31.3 | -9.0 | 447.8 | 2.1 | -0.7 |
| 11 | 66 | Laing O'Rourke Plc | Mar-21 | 1,515.4 | 1,651.9 | -8.3 | 4.9 | 10.5 | -53.3 | 0.3 | 0.6 |
| 12 | 1 | Homeserve Plc^ | Mar-22 | 1,429.3 | 1,304.7 | 9.6 | 175.1 | 47.2 | 271.0 | 12.3 | 3.6 |
| 13 | 8 | J Murphy & Sons Ltd1 | Dec-21 | 1,274.4 | 1,115.9 | 14.2 | 61.7 | 9.5 | 548.9 | 4.8 | 0.9 |
| 14 | 4 | Skanska UK Plc | Dec-21 | 1,249.6 | 1,456.3 | -14.2 | 72.6 | 22.6 | 221.2 | 5.8 | 1.6 |
| 15 | 18 | Vinci Plc | Dec-21 | 1,182.0 | 867.7 | 36.2 | 26.1 | 16.2 | 61.0 | 2.2 | 1.9 |
| 16 | 6 | Bowmer & Kirkland Ltd | Aug-21 | 1,178.1 | 1,110.4 | 6.1 | 65.3 | 53.2 | 22.7 | 5.5 | 4.8 |
| 17 | 16 | VolkerWessels UK Ltd | Dec-21 | 1,151.2 | 1,082.2 | 6.4 | 27.1 | -6.4 | 522.7 | 2.4 | -0.6 |
| 18 | 94 | Costain Group Plc^ | Dec-21 | 1,135.2 | 978.4 | 16.0 | -13.3 | -96.1 | 86.2 | -1.2 | -9.8 |
| 19 | 47 | Galliford Try Plc | Jun-21 | 1,124.8 | 1,121.6 | 0.3 | 11.4 | -34.6 | 132.9 | 1.0 | -3.1 |
| 20 | 50 | Willmott Dixon Holdings Ltd | Dec-21 | 1,101.5 | 1,191.2 | -7.5 | 11.2 | -13.1 | 185.8 | 1.0 | -1.1 |
| 21 | 17 | Bam Nuttall Ltd | Dec-21 | 1,073.3 | 844.0 | 27.2 | 26.2 | 11.6 | 125.4 | 2.4 | 1.4 |
| 22 | 57 | Newarthill Ltd (Sir Robert McAlpine) | Oct-21 | 1,022.4 | 884.4 | 15.6 | 9.2 | -14.4 | 163.7 | 0.9 | -1.6 |
| 23 | 30 | John Graham Holdings Ltd | Mar-22 | 948.3 | 808.1 | 17.4 | 19.0 | 12.1 | 56.8 | 2.0 | 1.5 |
| 24 | 26 | Bam Construct UK Ltd^ | Dec-21 | 918.6 | 793.1 | 15.8 | 20.4 | 13.7 | 48.9 | 2.2 | 1.7 |
| 25 | 34 | Mears Group Plc^ | Dec-21 | 874.4 | 805.8 | 8.5 | 16.3 | -15.2 | 207.2 | 1.9 | -1.9 |
| 26 | 7 | Engie Regeneration Ltd | Dec-21 | 869.8 | 622.6 | 39.7 | 62.6 | -78.8 | 179.5 | 7.2 | -12.7 |
| 27 | 72 | Multiplex Construction Europe Ltd | Dec-21 | 793.0 | 599.4 | 32.3 | 2.6 | -158.6 | 101.7 | 0.3 | -26.5 |
| 28 | 10 | Renew Holdings Plc | Sep-21 | 791.0 | 620.4 | 27.5 | 40.8 | 32.1 | 26.9 | 5.2 | 5.2 |
| 29 | 24 | Eurovia UK Ltd (Ringway)2 | Dec-20 | 782.1 | 753.6 | 3.8 | 21.3 | 19.2 | 10.5 | 2.7 | 2.6 |
| 30 | 42 | Winvic Group Ltd | Jan-21 | 659.3 | 686.0 | -3.9 | 14.0 | 9.4 | 49.2 | 2.1 | 1.4 |
| 31 | 33 | Robertson Group (Holdings) Ltd3 | Jun-21 | 588.3 | 650.1 | -9.5 | 16.9 | 1.2 | 1,291.6 | 2.9 | 0.2 |
| 32 | 58 | Buckingham Group Contracting Ltd | Dec-20 | 584.5 | 485.7 | 20.3 | 8.6 | 10.2 | -15.6 | 1.5 | 2.1 |
| 33 | 68 | ESSCI Ltd (Imtech) | Dec-21 | 561.9 | 443.1 | 26.8 | 3.3 | -27.2 | 112.1 | 0.6 | -6.1 |
| 34 | 28 | Lendlease Construction (Europe) Ltd | Jun-21 | 554.5 | 442.7 | 25.2 | 20.0 | 3.9 | 417.9 | 3.6 | 0.9 |
| 35 | 55 | TSL Ltd4 | Dec-21 | 548.0 | 348.2 | 57.4 | 10.0 | 9.3 | 7.4 | 1.8 | 2.7 |
| 36 | 93 | McLaren Construction Group Plc | Jul-20 | 525.8 | 650.9 | -19.2 | -13.0 | 3.3 | -495.2 | -2.5 | 0.5 |
| 37 | 90 | NG Bailey Group Ltd | Feb-21 | 507.0 | 573.4 | -11.6 | -4.4 | 20.5 | -121.5 | -0.9 | 3.6 |
| 38 | 63 | McLaughlin & Harvey Holdings Ltd | Dec-20 | 480.3 | 513.4 | -6.4 | 5.9 | 11.5 | -48.9 | 1.2 | 2.2 |
| 39 | 65 | Ferrovial Construction (UK) Ltd | Dec-21 | 456.3 | 381.4 | 19.6 | 5.4 | 1.5 | 263.0 | 1.2 | 0.4 |
| 40 | 36 | Hill Partnerships Ltd | Dec-21 | 431.5 | 346.5 | 24.5 | 15.6 | 7.8 | 100.8 | 3.6 | 2.2 |
| 41 | 9 | Watkin Jones Plc^ | Sep-21 | 430.2 | 354.1 | 21.5 | 51.1 | 25.3 | 101.9 | 11.9 | 7.1 |
| 42 | 83 | Bouygues (U.K.) Ltd | Dec-20 | 420.3 | 399.5 | 5.2 | 0.6 | 2.6 | -77.9 | 0.1 | 0.7 |
| 43 | 45 | Ardmore Construction Ltd | Sep-21 | 403.6 | 272.0 | 48.4 | 12.6 | 7.4 | 70.3 | 3.1 | 2.7 |
| 44 | 25 | Severfield Plc | Mar-22 | 403.6 | 363.3 | 11.1 | 21.0 | 21.1 | -0.5 | 5.2 | 5.8 |
| 45 | 41 | Henry Construction Projects Ltd | Jun-21 | 402.2 | 376.6 | 6.8 | 14.0 | 12.9 | 8.2 | 3.5 | 3.4 |
| 46 | 39 | McAleer & Rushe Contracts UK Ltd | Dec-21 | 400.5 | 290.1 | 38.1 | 15.0 | 8.7 | 73.0 | 3.7 | 3.0 |
| 47 | 70 | John Sisk & Son Ltd | Dec-20 | 390.2 | 417.2 | -6.5 | 2.8 | 5.0 | -43.5 | 0.7 | 1.2 |
| 48 | 88 | Keltbray Group (Holdings) Ltd | Oct-21 | 389.5 | 428.6 | -9.1 | -4.2 | -9.4 | -55.3 | -1.1 | -2.2 |
| 49 | 32 | Caddick Group Plc | Aug-21 | 383.7 | 298.7 | 28.5 | 17.1 | 15.6 | 9.4 | 4.5 | 5.2 |
| Latest Rank By Turnover | Latest Rank By Profit | Company | Reporting Period | Latest Turnover (£m) | Previous Turnover (£m) | Change (%) | Latest Pre-tax Profit (£m) | Previous Pre-tax Profit (£m) | Change (%) | Latest Margin | Previous Margin |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 50 | 38 | Tilbury Douglas Construction Ltd | Dec-20 | 372.3 | 480.3 | -22.5 | 15.4 | -91.3 | -116.8 | 4.1 | -19.0 |
| 51 | 27 | Emcor Group (UK) Plc | Dec-21 | 371.2 | 335.2 | 10.8 | 20.2 | 15.8 | 28.4 | 5.5 | 4.7 |
| 52 | 92 | Northstone (NI) Ltd | Dec-20 | 362.5 | 383.5 | -5.5 | -6.9 | 10.6 | -164.5 | -1.9 | 2.8 |
| 53 | 96 | United Living Holdings Ltd | Mar-21 | 361.3 | 331.9 | 8.9 | -21.1 | -12.9 | 63.8 | -5.9 | -3.9 |
| 54 | 79 | Carey Group Ltd5 | Sep-21 | 344.0 | 748.9 | -54.1 | 1.1 | 15.3 | -92.9 | 0.3 | 2.0 |
| 55 | 13 | FP McCann Group Ltd | Dec-21 | 342.1 | 259.3 | 31.9 | 34.0 | -4.8 | 804.5 | 10.0 | -1.9 |
| 56 | 29 | FM Conway Ltd | Mar-21 | 338.2 | 325.7 | 3.8 | 19.8 | 12.7 | 56.8 | 5.9 | 3.9 |
| 57 | 82 | Geoffrey Osborne Ltd6 | Sep-21 | 337.2 | 560.0 | -39.8 | 0.7 | -15.0 | 104.5 | 0.2 | -2.7 |
| 58 | 61 | TClarke Plc | Dec-21 | 327.1 | 231.9 | 41.1 | 7.8 | 1.2 | 550.0 | 2.4 | 0.5 |
| 59 | 22 | MV Kelly Ltd | May-21 | 321.6 | 275.2 | 16.9 | 23.4 | 1.0 | 2,219.9 | 7.3 | 0.4 |
| 60 | 54 | Ogilvie Group Ltd | Jun-21 | 318.7 | 256.3 | 24.3 | 10.2 | 1.8 | 455.4 | 3.2 | 0.7 |
| 61 | 86 | Enerveo (SSE Contracting Ltd) | Mar-20 | 303.5 | 318.8 | -4.8 | 0.1 | 3.4 | -97.1 | 0.0 | 1.1 |
| 62 | 23 | OHOB Holdings Ltd | Mar-22 | 292.9 | 263.8 | 11.0 | 21.6 | 16.8 | 28.1 | 7.4 | 6.4 |
| 63 | 40 | Kone Plc | Dec-20 | 291.3 | 314.3 | -7.3 | 14.8 | 18.9 | -22.0 | 5.1 | 6.0 |
| 64 | 95 | Integral UK Ltd | Dec-20 | 288.3 | 364.1 | -20.8 | -20.6 | -5.6 | -264.7 | -7.1 | -1.5 |
| 65 | 51 | Clancy Group Holdings Ltd | Mar-21 | 255.2 | 295.6 | -13.7 | 11.1 | 3.5 | 213.5 | 4.3 | 1.2 |
| 66 | 60 | J Reddington Ltd | Dec-20 | 253.1 | 283.2 | -10.6 | 8.3 | 15.0 | -44.7 | 3.3 | 5.3 |
| 67 | 43 | Sureserve Group Plc | Sep-21 | 244.0 | 195.7 | 24.7 | 13.8 | 7.8 | 76.7 | 5.6 | 4.0 |
| 68 | 21 | HG Construction Ltd | Dec-21 | 243.0 | 201.6 | 20.5 | 24.9 | 16.7 | 49.3 | 10.2 | 8.3 |
| 69 | 91 | Esh Holdings Ltd | Dec-20 | 236.8 | 221.2 | 7.0 | -5.9 | -3.6 | -63.8 | -2.5 | -1.6 |
| 70 | 81 | RG Carter Holdings Ltd | Dec-20 | 235.2 | 317.2 | -25.9 | 0.7 | 4.3 | -83.3 | 0.3 | 1.4 |
| 71 | 77 | Briggs & Forrester (UK) Ltd | Oct-21 | 234.2 | 223.2 | 4.9 | 1.7 | 4.1 | -58.5 | 0.7 | 1.8 |
| 72 | 12 | Henry Boot Plc | Dec-21 | 230.6 | 222.4 | 3.7 | 35.1 | 17.1 | 105.8 | 15.2 | 7.7 |
| 73 | 87 | Colas Ltd | Dec-20 | 229.8 | 262.0 | -12.3 | -2.8 | -1.0 | 169.1 | -1.2 | -0.4 |
| 74 | 80 | JN Bentley Ltd | Dec-21 | 227.9 | 279.7 | -18.5 | 0.8 | 1.6 | -47.3 | 0.4 | 0.6 |
| 75 | 84 | Cruden Holdings Ltd | Mar-21 | 212.3 | 254.9 | -16.7 | 0.3 | 6.6 | -95.4 | 0.1 | 2.6 |
| 76 | 62 | Seddon Group Ltd | Dec-20 | 206.0 | 194.4 | 5.9 | 7.0 | 3.1 | 123.4 | 3.4 | 1.6 |
| 77 | 56 | Eric Wright Group Ltd | Dec-20 | 204.6 | 223.2 | -8.3 | 9.5 | 7.7 | 23.7 | 4.6 | 3.4 |
| 78 | 71 | Morrisoroe Group | Oct-21 | 201.6 | 153.7 | 31.2 | 2.7 | 5.8 | 53.4 | 1.3 | 3.8 |
| 79 | 19 | HW Martin Holdings Ltd | Jul-21 | 199.6 | 171.4 | 16.5 | 25.9 | 12.3 | 110.2 | 12.9 | 7.2 |
| 80 | 89 | Tolent Plc | Dec-21 | 197.9 | 184.9 | 7.1 | -4.4 | -8.5 | 48.5 | -2.2 | -4.6 |
| 81 | 44 | Mick George Limited | Sep-21 | 193.6 | 173.0 | 11.9 | 12.9 | 11.2 | 15.3 | 6.7 | 6.5 |
| 82 | 97 | Spie Limited^ | Dec-20 | 192.5 | 191.2 | 0.7 | -21.6 | 5.8 | -472.2 | -11.2 | 3.0 |
| 83 | 20 | RJ Mcleod (Contractors) Ltd | Oct-21 | 192.3 | 104.7 | 83.7 | 25.0 | 10.0 | 149.0 | 13.0 | 9.6 |
| 84 | 73 | William Hare Group Ltd | Dec-20 | 191.7 | 203.1 | -5.6 | 2.4 | 5.3 | -54.1 | 1.3 | 2.6 |
| 85 | 75 | Michael Lonsdale Ltd | Sep-21 | 188.2 | 139.3 | 35.1 | 2.1 | 2.5 | -16.7 | 1.1 | 1.8 |
| 86 | 46 | Forth Holdco Ltd | Aug-21 | 181.8 | 148.0 | 22.8 | 11.5 | 8.5 | 35.8 | 6.3 | 5.7 |
| 87 | 67 | SDC (Holdings) Ltd | Sep-21 | 179.5 | 170.6 | 5.2 | 4.2 | 3.6 | 16.9 | 2.3 | 2.1 |
| 88 | 69 | Readie Construction Ltd | Mar-21 | 178.8 | 195.9 | -8.8 | 3.1 | 7.3 | -57.1 | 1.7 | 3.7 |
| 89 | 98 | Otis Limited | Nov-20 | 178.1 | 193.0 | -7.7 | -28.4 | -64.5 | 55.9 | -16.0 | -33.4 |
| 90 | 53 | Gilbert-Ash Ltd | Dec-20 | 176.2 | 163.1 | 8.0 | 10.7 | 5.7 | 89.2 | 6.1 | 3.5 |
| 91 | 48 | Erith Holdings Ltd | Sep-21 | 175.7 | 214.5 | -18.1 | 11.3 | 8.4 | 34.4 | 6.4 | 3.9 |
| 92 | 59 | Lindum Group Ltd | Nov-21 | 169.5 | 150.2 | 12.8 | 8.6 | 1.9 | 345.9 | 5.1 | 1.3 |
| 93 | 35 | CCG (Scotland) Ltd | Mar-21 | 167.9 | 173.4 | -3.1 | 15.7 | 16.9 | -7.1 | 9.4 | 9.8 |
| 94 | 52 | Tide Construction Ltd | Aug-21 | 166.9 | 173.3 | -3.7 | 10.9 | 13.5 | -18.9 | 6.6 | 7.8 |
| 95 | 37 | CJ O'Shea Group Ltd | Mar-21 | 165.1 | 153.6 | 7.5 | 15.6 | 9.2 | 69.1 | 9.4 | 6.0 |
| 96 | 74 | Glencar Construction Ltd | Sep-21 | 160.4 | 144.8 | 10.8 | 2.3 | 2.8 | -18.7 | 1.4 | 1.9 |
| 97 | 49 | Story Contracting Holdings Ltd | Mar-21 | 155.7 | 150.0 | 3.8 | 11.3 | 5.1 | 119.9 | 7.3 | 3.4 |
| 98 | 76 | RGCM Ltd | Dec-20 | 155.1 | 196.5 | -21.1 | 2.1 | 4.0 | -47.9 | 1.3 | 2.0 |
| 99 | 78 | Gratte Brothers Group Ltd* | Mar-21 | 152.1 | 181.1 | -16.0 | 1.7 | 2.1 | -17.7 | 1.1 | 1.1 |
| 100 | 85 | Higgins Group Plc | Jul-21 | 151.1 | 168.3 | -10.2 | 0.2 | -3.1 | -106.6 | 0.1 | -1.8 |
| Totals | 70,421.5 | 68,229.9 | 3.2 | 1,311.2 | 174.0 | 3,443.0 | 2.03 | -0.01 |
Latest annual accounts available at Companies House at August 5 2022
*Operating profit
^ Continuing operations
1 2020 consolidated profit and loss restated.
2 Profit from continuing operations only.
3 Latest period compared to 15 months to June 2020.
4 Latest period compared to 18 months to December 2020.
5 Latest annual figures compared to 18 months to September 2020.
6 Latest period compared to previous 18 months.