LAING O'ROURKE PLC.

1. LAING O'ROURKE PLC. 2002-03-08 → present
2. O'ROURKE PLC 2001-10-23 → 2002-03-08
3. SHELFCO (NO.2482) LIMITED 2001-05-23 → 2001-10-23

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

IFRS

Reporting scope

Consolidated group

Auditor

PricewaterhouseCoopers LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“In forming their conclusion as to the appropriateness of continuing to apply the going concern basis of accounting in preparing these financial statements, the directors have assessed and reviewed the Group's main UK business 'management case' forecast, representing management's best estimate of the future performance of the Group, including cash flow forecasts to 31 March 2027 and a severe but plausible downside scenario.”

Group structure

1. LAING O'ROURKE PLC. · parent
   1. Anchor Boulevard Limited 100% · England and Wales · Property investment company
   2. Crown House Technologies Limited 100% · England and Wales · Mechanical and electrical contracting
   3. Ellis Mechanical Services Limited 100% · England and Wales · Non-trading
   4. Expanded Piling Limited 100% · England and Wales · Non-trading
   5. Expanded Structures Limited 100% · England and Wales · Applied for a voluntary strike off
   6. Explore Capital Limited 100% · England and Wales · Holding company
   7. Explore Investments Limited 100% · England and Wales · Holding company
   8. Explore Living Limited 100% · England and Wales · Residential development
   9. Explore 2050 Engineering Limited 100% · England and Wales · Civil and structural engineering, piling, and demolition
   10. Explore 2050 Manufacturing Limited 100% · England and Wales · Manufacture of construction products
   11. Glass Reinforced Concrete (UK) Limited 100% · England and Wales · Manufacture and supply of glass reinforced concrete building products
   12. John Laing Construction Limited 100% · England and Wales · Non-trading
   13. John Laing International Limited 100% · England and Wales · Holding company
   14. Laing Abu Dhabi LLC 49% · UAE · Non-trading
   15. Laing Construction Limited 100% · England and Wales · Non-trading
   16. Laing Engineering Limited 100% · England and Wales · Non-trading
   17. Laing International Nigeria Limited 100% · Nigeria · Dormant company
   18. Laing Limited 100% · England and Wales · Holding company
   19. Laing O'Rourke Canada Limited 100% · Canada · Building contracting and civil engineering
   20. Laing O'Rourke Delivery Limited 100% · England and Wales · Building contracting, civil engineering and infrastructure
   21. Laing O'Rourke Holdings Limited 100% · England and Wales · Holding company
   22. Laing O'Rourke Infrastructure Limited 100% · England and Wales · Civil engineering and infrastructure
   23. Laing O'Rourke Manufacturing Holdings Limited 100% · England and Wales · Applied for a voluntary strike off
   24. Laing O'Rourke Midlands Limited 100% · England and Wales · Construction of commercial buildings
   25. Laing O'Rourke Properties (Erith) Limited 100% · England and Wales · Applied for a voluntary strike off
   26. Laing O'Rourke Scotland Limited 100% · England and Wales · Building contracting
   27. Laing O'Rourke Services Limited 100% · Hong Kong · Service company
   28. Laing O'Rourke Utilities Limited 100% · England and Wales · Non-trading
   29. Laing O'Rourke Wales & West Limited 100% · England and Wales · Building contracting
   30. O C Summers Limited 100% · England and Wales · Non-trading
   31. O'Rourke Civil & Structural Engineering Limited 100% · England and Wales · Non-trading
   32. O'Rourke Civil Engineering Limited 100% · England and Wales · Non-trading
   33. R O'Rourke & Son Limited 100% · England and Wales · Holding company
   34. Select Plant Hire Company Limited 100% · England and Wales · Plant hire and operations
   35. Sycamore Properties Limited 100% · Bahamas · Property holding company
   36. Vetter UK Limited 100% · England and Wales · Finished stone products

Significant events

• “During the year ended 31 March 2025, the Group reported an improved pre-exceptional EBIT of £60.0m (FY24: £28.6m), and despite a reduction in Group revenue its pre-exceptional gross margin increased by £27.3m to 7.0% in the year.”
• “Cash and cash equivalents increased by £83.8m or 63.7 per cent to £215.3m at 31 March 2025 (FY24: £131.5m).”
• “At the year end the Group's order book had increased by £2.3bn or 30.3 per cent to £9.9bn (FY24: £7.6bn).”
• “The Group delivered a pre-exceptional EBIT of £60.0m (FY24: £28.6m) before incurring exceptional items of £31.7m (FY24: £22.9m) all of which related to defect provisions due to fire safety regulations (FY24: £16.1m) and which is shown net of associated insurance recoveries.”
• “The Group's net debt position (cash less debt but excluding bank arrangement fees and the impact of IFRS 16 leases) decreased by £17.2m or 19.2 per cent from net debt of £89.6m at 31 March 2024 to net debt of £72.4m at 31 March 2025.”
• “In the UK, bonding and similar instruments were £60m at 31 March 2025 (FY24 restated: £54m).”
• “During this period the average number of days to pay invoices decreased to 23 days (six-month period ended 30 September 2024: 28 days).”
• “In FY25 we adopted new, science-based carbon reduction targets, which have been validated by the Science Based Targets initiative (SBTI).”
• “We have seen a 15 per cent reduction in our annual Scope 1 and 2 emissions in FY25 from the FY23 baseline and, although our annual Scope 3 category 1 emissions have increased by 8.8 per cent in FY25 from the FY23 baseline, in FY25 we have reduced these emissions by 3.8 per cent compared with FY24.”
• “The Board appointed Cathal O'Rourke as the new CEO, with effect from 1 July 2024.”
• “In September 2024 Rowan Baker stepped down from both her role as CFO and from the Board, and was replaced by Deputy CFO Paul Teasdale.”
• “On 30 June 2025, the Group signed a purchase agreement for the purchase of the trade and assets of the plant hire business of Explore Transport Limited, with completion expected on 31 July 2025.”
• “During the year, on 5 July 2024, a loan of £40.0m was advanced from Ebsworth Holding & Finance Limited, a related party, to the Laing O'Rourke Corporation Limited Group on arm's length commercial terms for a period of 2 years.”

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

Filings

6

last 12 months

Capital events

0

last 24 months

Officers appointed

1

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

  -9.6%

  £2,394,500,000 → £2,164,300,000

• Cash

  +63.7%

  £131,500,000 → £215,300,000

• Net assets

  -2.5%

  -£307,800,000 → -£315,500,000

• Employees

  -8.3%

  6,936 → 6,363

• Operating profit

  +85%

  £26,700,000 → £49,400,000

• Profit before tax

  +588.9%

  £3,600,000 → £24,800,000

• Wages

  -2.8%

  £484,700,000 → £471,200,000

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