{"id":893897,"date":"2026-03-24T04:12:17","date_gmt":"2026-03-24T09:12:17","guid":{"rendered":"https:\/\/newsycanuse.com\/index.php\/2026\/03\/24\/beard-boosts-revenue-as-it-braces-for-market-dip\/"},"modified":"2026-03-24T04:12:17","modified_gmt":"2026-03-24T09:12:17","slug":"beard-boosts-revenue-as-it-braces-for-market-dip","status":"publish","type":"post","link":"https:\/\/newsycanuse.com\/index.php\/2026\/03\/24\/beard-boosts-revenue-as-it-braces-for-market-dip\/","title":{"rendered":"Beard boosts revenue as it braces for market dip"},"content":{"rendered":"
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Beard\u2019s turnover grew to a record level in 2025 although its profit dipped slightly, according to newly published accounts.<\/span><\/p>\n

The Swindon-based contractor\u2019s filing shows revenue rose to \u00a3230.2m in the year to 31 December 2025.<\/span><\/p>\n

This was up from \u00a3198.4m in the<\/span> previous 12 months<\/span><\/a>.<\/span><\/p>\n

Meanwhile, pre-tax profit fell to \u00a34.5m, having been \u00a35.2m in 2024.<\/span><\/p>\n

Finance director Fraser Johns said in a statement with the accounts that the firm had outperformed its targets, which he attributed to the strength of the contractor\u2019s partnerships with suppliers and customers, as well as its staff.<\/span><\/p>\n

He said the year started with strong demand but that there were signs towards the end of the 12 months that market sentiment was becoming less positive.<\/span><\/p>\n

\u201cTo this end and throughout 2025, we have focused on driving efficiency at every level in preparation for a more competitive period ahead,\u201d he said.<\/span><\/p>\n

Johns said Beard had maintained its cashflow through a combination of factors, including prompt settlement of final accounts and timely release of retentions from customers.<\/span><\/p>\n

\u201cClose control of our cash ensures we have the right balance between working capital and short-term investments,\u201d he said.<\/span><\/p>\n

The firm closed the year with net assets of \u00a325.7m, up from \u00a324.6m at the end of 2024, and is free of debt financing.<\/span><\/p>\n

In mid-2025, Beard told Construction News<\/em><\/a> it was reviewing recruitment plans in light of the increase in employers\u2019<\/span> national insurance contributions. Despite this, average headcount over the year crept up from 336 to 370.\u201d<\/p>\n

Johns said in the accounts that the company had focused on \u201cretaining our core skills as great builders and ensuring we do not become complacent as we grow the business\u201d.<\/span><\/p>\n

The firm made one-off charitable donations totalling \u00a34.4m during the year, including \u00a33.6m to Oxfordshire Community Foundation to establish a fund called The Beard Family Foundation, which is independent of the company and the Beard family.<\/span><\/p>\n

The fund will support staff and family charity activities in the years ahead, Beard said.<\/span><\/p>\n

Over the course of the year, the company, which has offices in Bristol, Guildford, Oxford, Southampton and Swindon, said it completed 62 projects.<\/span><\/p>\n

These included<\/span> Bristol Zoo\u2019s \u00a39.6m African Forest<\/span><\/a>, a \u00a37.5m headquarters for clothing brand Holland Cooper in Cheltenham and an \u00a311.8m Porsche dealership for Dick Lovett in Bristol.<\/span><\/p>\n<\/div>\n

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At CN Intelligence you can view and filter seven years\u2019 worth of detailed financial information on the top UK construction firms via our interactive dashboards. Access in-depth written analysis of the numbers along with targeted data and analysis on specialist contractors.<\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n

Read More<\/a>
\n Ian Weinfass<\/p>\n","protected":false},"excerpt":{"rendered":"

Beard\u2019s turnover grew to a record level in 2025 although its profit dipped slightly, according to newly published accounts. The Swindon-based contractor\u2019s filing shows revenue rose to \u00a3230.2m in the year to 31 December 2025. This was up from \u00a3198.4m in the previous 12 months . Meanwhile, pre-tax profit fell to \u00a34.5m, having been \u00a35.2m<\/p>\n","protected":false},"author":1,"featured_media":893898,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[32635,24646],"tags":[],"class_list":["post-893897","post","type-post","status-publish","format-standard","has-post-thumbnail","category-beard","category-boosts"],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/posts\/893897","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/comments?post=893897"}],"version-history":[{"count":0,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/posts\/893897\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/media\/893898"}],"wp:attachment":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/media?parent=893897"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/categories?post=893897"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/tags?post=893897"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}