Modular

The McAvoy Group factory Offsite specialist McAvoy Group returned to profit after providing temporary buildings to schools hit by the RAAC crisis. Accounts for the year to 31 May 2024 show the firm’s pre-tax profit rose to £217,600, up from a £712,700 loss in its prior year. Turnover soared to £75.5m in the period, up

The extent of losses racked up by modular builder TopHat have been laid bare, after the firm confirmed it ceased trading before Christmas. The Derby-based company published two sets of accounts last Thursday (16 January), showing that it plunged £53.8m into the red in the year to 31 October 2023. TopHat Corporate posted a £7.5m

Scottish affordable housing specialist Connect Modular has appointed administrators. FRP Advisory partners Michelle Elliot and Callum Carmichael took control of the Cumnock-based modular housebuilder on 6 January. They also took control of related company Hope South West Ltd on 7 January, according a statement from to FRP. The administrators said both companies had ceased trading.

Portable speakers aren't really considered luxury items, unless they're made by a company like Bang & Olufsen. The Danish audio outfit is well-known for its lavish take on home entertainment gear, headphones and even Bluetooth speakers. Today, B&O is introducing its latest portable option: the Beosound A5. Built in collaboration with designers GamFratesi, the A5

A Scottish firm building luxury modular huts has been bought two months after entering administration. Armadilla Limited, based in Bonnyrigg near Edinburgh, was sold to Hoffbauer Holding Limited on 23 February. The administrators have not stated an amount for the deal, which includes all of the business’s assets, including the Armadilla name, design rights and