BURO HAPPOLD CONSULTING ENGINEERS LIMITED

1. BURO HAPPOLD CONSULTING ENGINEERS LIMITED 1986-06-16 → present
2. RAPID 1125 LIMITED 1986-04-02 → 1986-06-16

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

BDO LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The financial statements have been prepared on a going concern basis. In adopting the going concern basis, the directors have considered the company's operations, principal risks and uncertainties, changes in global economic conditions, socio-political events and global inflationary pressures. As a professional services firm providing a wide variety of high-end consultancy services to a broad range of markets, the company has both a natural resilience and an ability to adapt in response to such matters.”

Group structure

1. BURO HAPPOLD CONSULTING ENGINEERS LIMITED · parent
   1. Buro Happold Saudi Engineering Consultancy LLC 100% · Saudi Arabia · Consulting engineers
   2. Buro Happold Midde East Regional Headquarters LLC 100% · Saudi Arabia · Management services

Significant events

• “The Happold LLP group has a £30m multicurrency Revolving Credit Facility ('RCF') with HSBC UK Bank plc. £8.2m (2024: £10.1m) of this facility was utilised at year end. The RCF had an initial three-year term to 14 July 2026 with the option to extend for another year, plus a final year. Post year end, the group agreed with HSBC UK Bank plc to a first extension period of 13 months to 14 August 2027.”
• “The company had a successful year with turnover increasing to £54.0m (2024: £42.3m), predominately derived from projects located in the Middle East and an increase in adjusted operating profit to £4.9m (2024: £2.4m).”
• “The average number of employees increased 26% to 176 employees (2024: 140) with turnover per employee increasing 2% to £307,000 (2024: £302,000).”
• “The company will always be subject to exchange rate fluctuations due to the global spread of our business. This has resulted in an exchange loss in the year of £515,000 (2024: £219,000).”
• “The profit for the year, after taxation, amounted to £4,169,000 (2024: £1,991,000). No dividend was paid and declared in the year (2024: nil).”

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

2

last 12 months

Officers resigned

2

last 12 months

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

• Turnover

  +27.6%

  £42,290,000 → £53,962,000

• Cash

  +27.1%

  £1,973,000 → £2,508,000

• Net assets

  +35.3%

  £9,695,000 → £13,116,000

• Employees

  +25.7%

  140 → 176

• Operating profit

  +99.3%

  £2,208,000 → £4,401,000

• Profit before tax

  +105.4%

  £2,407,000 → £4,945,000

• Wages

  +22%

  £16,094,000 → £19,641,000

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