BECHTEL LIMITED

1. BECHTEL LIMITED 1986-07-03 → present
2. BECHTEL GREAT BRITAIN LIMITED 1977-12-31 → 1986-07-03
3. ANGLO-BECHTEL LIMITED 1952-03-28 → 1977-12-31

Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. About these numbers

Margins divide P&L lines by turnover. Gearing is liabilities over total assets. Current ratio is current assets over creditors falling due within one year. Interest cover is operating profit over absolute finance costs. Sector-distribution context coming next.

Accounting basis

FRS 102

Reporting scope

Standalone (parent only)

Auditor

PricewaterhouseCoopers LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The Company is financially sound with no external debt on its Balance Sheet and has a healthy cash deposit of £108,857,000 as at 31 December 2024 (2023: £ 53,042,000) held with Bechtel Capital Management Corporation (BCMC), a subsidiary of its ultimate parent that provides cash management services. The Directors have reasonable expectation that the Company has adequate resources to continue in operational existence for the foreseeable future.”

Group structure

1. BECHTEL LIMITED · parent
   1. APB Limited 100% · Hong Kong · Wholly owned subsidiary of Bechtel Limited set up for proposal work in Hong Kong
   2. Bechtel France SAS 99.9875% · France · Design and engineering
   3. Bechtel Infrastructure Ireland Limited 100% · Ireland · Wholly owned subsidiary of Bechtel Limited set up for proposal work in Ireland.
   4. Bechtel Mongolia LLC 100% · Mongolia · Wholly owned subsidiary of Bechtel Limited set up for proposal work in Mongolia

Significant events

• “In 2024, the Trustees revised the investment strategy of the Plan to allow for the purchase of an insurance contract to cover all defined benefit obligations of the Plan(excluding GMP). The contract was purchased in December 2024.”
• “Subsequent to 31 December 2024, the Company identified ongoing challenges in executing an overseas lump-sum project. Consequently, the project will be delayed leading to increased costs. While the Company continues to assess the impact, it is anticipated that this will result in a significant loss for the project in 2025.”

Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers

Filings

7

last 12 months

Capital events

0

last 24 months

Officers appointed

1

last 12 months

Officers resigned

1

last 12 months

Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.

• Turnover

  -21.6%

  £267,705,000 → £209,975,000

• Cash

  -27.3%

  £16,377,000 → £11,900,000

• Net assets

  +15.2%

  £110,002,000 → £126,684,000

• Employees

  -9.9%

  594 → 535

• Operating profit

  +56.8%

  £18,509,000 → £29,021,000

• Profit before tax

  +55%

  £22,481,000 → £34,835,000

• Wages

  +10.7%

  £62,290,000 → £68,928,000

Each % is (latest − prior) ÷ |prior| for the line item as filed. The comparison is only shown when the latest and prior accounts cover broadly equal-length periods — short or long stubs (typical around incorporation or a year-end change) are suppressed rather than misrepresented. Lines a company doesn't report are omitted. About these numbers