Bowmer + Kirkland boosts profits as £477m cash position supports growth

Bowmer + Kirkland has reported a strong financial performance, with pre-tax profits rising 11% to £76m despite ongoing challenges across the construction market.

Turnover increased to £1.37bn for the year to August 2025, up from £1.29bn, while operating profit climbed significantly to £47m as margins improved from 2.7% to 3.5%.

The Derby-based contractor’s performance has been driven by a strong pipeline of framework and repeat work, alongside tight cost control, helping offset wider market pressures and extended project timelines.

The group’s balance sheet remains a key strength, with net assets rising to £672m and cash reserves holding at £477m. This financial position has enabled continued investment, including an expansion of its property portfolio from £67m to £111m.

Bowmer + Kirkland has also strengthened its interiors and fit-out capability, launching a new division, Your Space by B+K, and acquiring Denton Associates in a £21m deal.

Headcount increased to over 2,250 as the business scaled up delivery capacity across contracting and development operations.

With a strong financial foundation and active investment strategy, the group is well positioned to capitalise on future opportunities across both contracting and development markets.