KIER CONSTRUCTION LIMITED

• ◆

  3 officer resignations in last 12 months

  Multiple officers have left the board recently — see the People section for who.

1. KIER CONSTRUCTION LIMITED 2012-01-03 → present
2. KIER REGIONAL LIMITED 1992-07-06 → 2012-01-03
3. BEAZER CONSTRUCTION LIMITED 1990-07-01 → 1992-07-06
4. BEAZER REGIONAL CONSTRUCTION LIMITED 1989-03-01 → 1990-07-01
5. KIER REGIONAL CONTRACTING LIMITED 1987-06-23 → 1989-03-01
6. KIER (FIVE) LIMITED 1987-02-12 → 1987-06-23

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 101

Reporting scope

Standalone (parent only)

Auditor

PricewaterhouseCoopers LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The financial statements have been prepared on a going concern basis. The Directors have reviewed budgets and future forecasts and have satisfied themselves that the Company has sufficient financial and liquid resources to continue to operate for a period of at least 12 months from the date these financial statements are signed. Future forecasts indicate that the Company can generate future cash flows, as such the Directors have a reasonable expectation that the Company has adequate resources to continue in operational existence for the foreseeable future. In addition, the Directors have received confirmation that Kier Group plc intends to provide continuous financial support to the Company for a period of not less than one year from the date of signing of these financial statements. As a result, the Directors are satisfied that the Company has adequate resources to meet its obligations as they fall due for a period of at least 12 months from the date of approving these financial statements and, for this reason, they continue to adopt the going concern basis in preparing these financial statements.”

Group structure

1. KIER CONSTRUCTION LIMITED · parent
   1. Dudley Coles Limited 100% · UK · Dormant
   2. Kier Midlands Limited 100% · UK · Dormant
   3. Kier South East Limited 100% · UK · Dissolved 1st July 2025
   4. Kier Southern Limited 100% · UK · In liquidation
   5. William Moss Group Limited 100% · UK · Dormant
   6. William Moss Construction Limited 100% · UK · In liquidation
   7. Clearbox Limited (formerly Wallis Limited) 100% · UK · Dormant
   8. Wallis Western Limited 100% · UK · In liquidation

Significant events

• “The Company is expected to perform strongly, with over 83% of the forecast revenue for FY2026 being secured at the time of approval of these financial statements. Margins and cash generation are expected to improve as the Company maintains its prudent risk management process.”
• “On 26 June 2025, the Company issued 103,084,033 ordinary shares of £1 each. Following this allotment, the Company had 128,084,033 issued ordinary shares of £1 each. On 27 June 2025, the Company undertook a reduction of capital using the statutory solvency statement procedure set out in sections 641 to 644 (inclusive) of the Companies Act 2006. Under this capital reduction, 103,084,033 ordinary shares of £1 each were cancelled, the issued share capital of the Company was reduced to 25,000,000 ordinary shares of £1 each and £103,084,033 was transferred to retained earnings.”
• “In October 2025 the Group completed the refinancing of its existing Revolving Credit Facility ("RCF"). The new £190m RCF replaces the previous £150m facility and has been made available to the Kier Group for an initial committed 3 year term, with an option to extend for a further 2 years to October 2030.”

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

Filings

12

last 12 months

Capital events

3

last 24 months

Officers appointed

1

last 12 months

Officers resigned

3

last 12 months

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

• Turnover

  +1.7%

  £1,583,449,000 → £1,610,216,000

• Cash

  +13.9%

  £618,213,000 → £704,403,000

• Net assets

  +115.8%

  £99,945,000 → £215,704,000

• Employees

  +11.1%

  2,269 → 2,520

• Operating profit

  +121.8%

  £11,907,000 → £26,410,000

• Profit before tax

  +76.1%

  £22,744,000 → £40,050,000

• Wages

  +13.8%

  £179,219,000 → £203,900,000

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