海角社区app

海角社区app

Mon September 23 2024

Related Information

Beard rebounds in 2021

16 Mar 22 Family-run construction firm Beard returned to growth in 2021 after seeing its numbers shrink in Covid-affected 2020.

Finance director Fraser Johns
Finance director Fraser Johns

Full year accounts published for the year ending 31st December 2021 show pre-tax profits of 拢4.2m for EW Beard Ltd on turnover of 拢144m.

Turnover in 2021 was 6% up on 2020鈥檚 拢136m but still 9% down on 2019鈥檚 拢158.5m.

Similarly, pre-tax profit was up 20% on 2020鈥檚 拢3.5m but down 6% on 2019鈥檚 拢4.45m.

Beard finance director Fraser Johns credited the company鈥檚 record of enlightened supply chain management for getting the business through a year of shortages.

Related Information

鈥淎s a responsible business, Beard has always treated our suppliers and contractors fairly and has paid promptly for materials and work,鈥 he said. 鈥淭his tradition of doing the right thing, coupled with strong financial controls within the company, meant that Beard was well positioned to cope with the supply chain issues that impacted the construction sector in 2021, and are likely to continue in the coming year.鈥

Beard, established in 1892, has offices in Swindon, Guildford, Oxford and Bristol. The company undertakes design and build, new build, restoration and refurbishment, and last year completed a total of 59 projects. Highlights included:

  • the 拢20m redevelopment of St Hilda鈥檚 College in Oxford
  • a new training facility for Bristol City Football Club
  • the Archway Project in Bath, comprising a new World Heritage Centre and The Roman Baths Clore Learning Centre
  • a six-storey student accommodation block at the former Gaumont Cinema site in Bristol
  • a 拢5m senior school building at Crosfields school in Reading
  • the redevelopment of the Quadrangle building in Cheltenham.

Projects that were started last year included restoration of the Cleveland Pools lido in Bath, renovation of the Royal West of England Academy building in Bristol, construction of a new specialist primary school for deaf children in Newbury, and a development of 30 student rooms at the Frewin Annexe of Brasenose College in Oxford.

Got a story? Email news@theconstructionindex.co.uk

MPU
MPU

Click here to view latest construction news »