Construction Enquirer

JULY 3, 2023

Accounts filed for parent company Araglin Holdings Ltd for the year to September 30 2022 show a record pre-tax profit of £30m from a turnover of £366m bolstered by a £65m profit from property and land sales. Looking forward, we are well positioned and on a strong, sustainable footing.

Profitability 90

Profitability Contract Construction Maine 90

Construction Enquirer

JULY 16, 2023

Latest accounts for R&W Civil Engineering for the year to March 31 2022 show a turnover of £31.8m generating a pre-tax profit of £876,000. At the time of the accounts being filed the company employed 122 staff and owed £3.5m Two years ago its specialist R&W Rail arm was shut down after suffering heavy losses.

Engineering 84

Engineering Debt Accounting Profitability 84

Contractor Bookkeeping

MAY 25, 2013

Contractors Do You Want To Know How Much Profit You Made On Your Last Job So You Can Earn More On The Next One. The good news is there is an easy solution to your job costing challenges. Mastering job costing is critical to your business success and profitability. Accounting Terms. costs in proper asset sub-accounts.

Accounting 48

Accounting Profitability Construction Contractors 48

Construction Enquirer

JUNE 2, 2023

CEO and founder Jon Wardle confirmed the news in a statement while thanking staff and suppliers for the impact of the failure. Latest accounts for Claritas Group for the year to March 31 2022 show a £50.4m turnover generating a pre-tax profit of £455,000. The accounts show Claritas employed 113 people and owed £2.8m

Cash Flow 97

Cash Flow Accounting Industrial US 97

Construction Enquirer

AUGUST 25, 2023

Latest accounts filed at Companies House show the H Mitton group had a turnover of for the year to January 27 2022 of £33.7m generating a pre-tax profit of £583,000 while employing 312 staff. Notices have also been served on group companies Mitton Mechanical Services, Mitton Electrical Services and Mitton Aftercare.

Debt 96

Debt Contractors Profitability Accounting 96

Construction Enquirer

JUNE 21, 2023

The cost of complying with the Building Safety Act has blown a hole in the latest accounts from Willmott Dixon. Accounts for the year to 31 December 2022 show turnover up to £1.15bn from £1.1bn last time generating an operating loss of £15,000 from a £22.9m profit the year before. profit the year before. ”

Safety 82

Safety Insurance Accounting Regulation 82

Viewpoint Construction Technology

JUNE 26, 2018

For HR and Accounting Professionals. Learn to maximize the value of Viewpoint software solutions for your role in HR or Accounting with 76 sessions, as well as labs and training opportunities designed specifically for HR and accounting professionals. Register right away to secure your spot!

Conference 195

Conference Viewpoint Software Software 195

Contractor Bookkeeping

NOVEMBER 5, 2012

We use QuickBooks Accountant 2012, and I did not know that Intuit has QuickBooks for Contractors.". I simply added "For Contractors" to the end of the sentence because we provide outsourced accounting for contractors and Profit And Growth Coaching For Contractors.

Accounting 48

Accounting Contractors Profitability News 48

Construction Enquirer

MAY 2, 2023

Latest accounts for Norstead show it made a net profit of £133,000 from a turnover of £20.3m FRP said Norstead was hit hard by the failure of Metnor, which was its biggest customer, the withdrawal of a major funder and increases in material costs.

Contractors 85

Contractors Debt Profitability Accounting 85

Construction Enquirer

MAY 3, 2023

Latest results for the firm for the year to March 31 2022 show a pre-tax profit of £790,000 from a turnover of £43.5m Accounts show that the company owed £4.4m Howard Russell works across the UK as a design and build contractor for a wide range of sectors. with 31 staff working at the company.

Debt 103

Debt Construction Negotiation Forecasting 103

Green Building Law Update

FEBRUARY 21, 2021

But there is has been a dramatic increase that we can track anecdotally because within the last month there have been news media accounts in the New York Times and on NPR. Police departments from Wichita to South Bend and Lynchburg to Manchester have all issued statements about increased converter thefts.

Wichita 177

Wichita Insurance DC New York 177

Construction Enquirer

JUNE 25, 2023

Latest accounts for Claritas Group for the year to March 31 2022 show a £50.4m turnover generating a pre-tax profit of £455,000. “Right now, I am truly sorry if you are being affected by the Claritas Group’s failure in any way.” Claritas specialised in projects up to £70m across the residential, commercial and education markets.

Cash Flow 88

Cash Flow Debt Profitability Education 88

Contractor Bookkeeping

JANUARY 31, 2014

We are well grounded in construction accounting and have a number of clients all across the USA. How To Upload QuickBooks For Mac To Fast Easy Accounting. The good news is QuickBooks for Mac makes this potentially frustrating process easy. Xero Outsourced Construction Accounting Services. We can help.

Accounting 49

Accounting Construction Project Management Contractors 49

Contractor Bookkeeping

NOVEMBER 27, 2020

Without proper tracking and matching of income and expenses, most construction companies never know if they made a profit until the job is over. The good news is that it doesn't have to stay that way. What should you include on your invoices to get paid faster?

Income 92

Income Construction Profitability News 92

Construction Enquirer

JUNE 6, 2023

” Latest accounts filed for the year to May 31 2022 show the company had a turnover of £81m generating a pre-tax profit of £245,000 while employing 106 staff.

Debt 82

Debt Housing Deals Claims 82

Construction Enquirer

JULY 10, 2023

But rising cost pressures saw pre-tax profit slide 20% to £15.1m, representing a fall in group margin from around 2% to 1.3% Andrew Bill, Graham Group chief executive officer, said that profitability has been impacted by well-publicised inflationary pressures facing the wider economy. “We in the year to March 2023.

Profitability 47

Profitability Banking Accounting Risk 47

Construction Enquirer

MAY 23, 2023

Management accounts to December 31 2021 showed a turnover of £17m generating a net profit of £177,000. MEC specialised in small to medium projects within the M25 across heritage, residential, commercial, healthcare and schools sectors with revenue peaking at around £23m before covid.

Debt 79

Debt Leases Liability Profitability 79

Contractor Bookkeeping

OCTOBER 4, 2013

There are a number of people who pass out advice on how to start a profitable construction company; however, very few have actually done it and fewer still had a clear understanding of where they were making or losing money and fewer yet have ever gotten past the point of owning a J.O.B. The really good news they are on the banks payroll.

Profitability 48

Profitability Construction Accounting Cash Flow 48

Viewpoint Construction Technology

MAY 31, 2018

That’s when thousands of construction professionals of all roles, company sizes and specialties will gather here in Portland to learn, network and discover the latest technology solutions to eliminate inefficiencies and increase their profitability. You’ve probably guessed by now that I’m referring to our Collaborate 2018 user conference.

Conference 236

Conference Viewpoint Portland Construction 236

Construction Enquirer

AUGUST 29, 2023

“Mature discussions” with clients about material price rises enabled specialist engineering contractor McGee to protect its profits despite rampant inflation. Latest results for the firm for the year to November 30 2022 show pre-tax profits steady at £6.1m from £6m last time despite a dip in turnover to £83.3m for £92.2m.

Risk 77

Risk Profitability Security Engineering 77

Construction Enquirer

AUGUST 9, 2023

Joint administrators Geoff Rowley and David Hudson at FRP blamed the firm’s sudden demise after reporting solvent accounts a year before on a sudden squeeze on fixed price contracts from materials and labour inflation. “However over the past two years, construction costs rose on average by 24.5%

Construction 86

Construction Subcontracting Contract Accounting 86

Construction Business Owner

APRIL 1, 2011

ACCOUNTING |. Accounting & Finance. Industry News. Healthy Competition » Free Webinar on Reducing Profit Fade. One problem that even the most savvy contractors deal with is profit fade, when a job continues to incur additional costs that are not factored into the estimate. The good news? Add new tag.

Cash Flow 120

Cash Flow Construction Software Software 120

Construction Enquirer

JULY 23, 2023

The move will also see Inland Pivot from its traditional market in the South and South East of England and focus on new developments in the North. Inland has delayed publishing its latest results for the year to September 2022 while a series of accountants go through transactions in the books and losses are expected to hit £91m.

Bidding 80

Bidding Housing Banking Profitability 80

Viewpoint Construction Technology

OCTOBER 16, 2018

“The construction industry is in the midst of a significant digital shift, adopting new cloud-based technologies and operational innovations that are helping contractors realize previously untapped potential,” Kotzabasakis said. Attendees also got a glimpse into future accounting feature developments and plans.

Viewpoint 195

Viewpoint Software Software Accounting 195

Construction Business Owner

APRIL 26, 2012

ACCOUNTING |. Accounting & Finance. Industry News. Customer Collaboration & Construction Software » Staying Focused in the Fight Against Profit Fade. Greg is a Principal at Mountjoy, Chilton, Medley LLP , a CPA firm with a team of accountants dedicated to construction accounting. STRATEGY |.

Change Orders 120

Change Orders Construction Profitability Software 120

Construction Enquirer

AUGUST 23, 2023

The construction arm of the Seddon Group, which only returned to profit of £2m last year after a prior year loss, was also hit by market inflation, project delays and fire safety remediation costs. Failure of several key subcontractors on major projects saw Seddon Construction suffer a £15m loss last year.

Feasibility 71

Feasibility Contract Negotiation Profitability 71

Construction Business Owner

JANUARY 18, 2012

ACCOUNTING |. Accounting & Finance. Industry News. Querying different type of jobs in job costing to look at profitability by type. If the answer is no, then now may be the time to start looking into new tools and software programs that can make your job—and your life—easier. Tags accounting. Add new tag.

Construction 168

Construction Software Software Accounting 168

Construction Business Owner

SEPTEMBER 27, 2011

ACCOUNTING |. Accounting & Finance. Industry News. « Considering New Accounting Software? If a business is unprofitable in 2011, and has no taxable income to use the deduction, that business can elect to use 100% Bonus Depreciation and carry-forward to a year when the business is profitable.

Construction 180

Construction Software Software Accounting 180

Construction Enquirer

JULY 24, 2023

Latest accounts for R&W Civil Engineering for the year to March 31 2022 show a turnover of £31.8m generating a pre-tax profit of £876,000.

Equity 69

Equity Infrastructure Profitability Deals 69

Construction Business Owner

DECEMBER 20, 2011

ACCOUNTING |. Accounting & Finance. Industry News. There’s a lot I could say here, but mostly, I just want to wish everyone a very Merry Christmas and a Happy New Year from everyone at Foundation Software. Tags accounting. accounting software. Add new tag. Construction Accounting Software.

Software 120

Software Software Construction Accounting 120

Construction Enquirer

APRIL 26, 2023

Andy Hill, group chief executive officer, said a steady performance last year, which saw it maintain record profit of £66m from revenue down 5% at £716m, positioned Hill to pursue further strategic investments to achieve its goal of doubling the size of its business by 2025.

Housing 79

Housing Banking Income Retail 79

Contractor Bookkeeping

AUGUST 27, 2014

Let us handle your QuickBooks setup for your contracting company because accurate QuickBooks contractor reports are what profitable contractors use to help them steer their construction company through the ups and downs of the business cycle. QuickBooks Premier Accountant 2000 And Up. Job Cost Reports, Job Profitability Reports.

Contractors 88

Contractors Accounting Work in Progress Profitability 88

Construction Business Owner

APRIL 5, 2012

ACCOUNTING |. Accounting & Finance. Industry News. And risk can be a profit center, since insurance companies obviously make money. STRATEGY |. MANAGEMENT |. SOFTWARE |. MARKETING |. INSURANCE |. EQUIPMENT |. General Management. Software & Technology. Construction Law. People Management. Green Building. Sales/Marketing.

Risk 120

Risk Insurance Construction Software 120

Construction Business Owner

AUGUST 30, 2011

ACCOUNTING |. Accounting & Finance. Industry News. Considering New Accounting Software? The Best Time to Go Live is… » Why Construction-Specific Accounting Software Costs More than Generic Accounting Software. STRATEGY |. MANAGEMENT |. SOFTWARE |. MARKETING |. INSURANCE |. EQUIPMENT |.

Construction 168

Construction Software Software Accounting 168

Construction Enquirer

APRIL 25, 2023

TopHat has been trading since 2016 with shareholders led by Goldman Sachs investing £130m in the business up to the latest fundraise. The investment bank also took part in the latest fundraising round.

Housing 102

Housing Innovation Products Banking 102

Viewpoint Construction Technology

APRIL 10, 2018

In many cases, they have purchased software solutions for construction-specific processes like accounting, project management or field management to rectify the situation.While this is a positive step, it’s not always ideal—especially for larger and growing contractors managing multiple projects.

Management 217

Management Viewpoint Construction Software 217

Contractor Bookkeeping

MAY 29, 2013

This news caused a great deal of sadness because everyone knew the archeologist was the one person who was able to keep peace and harmony when tempers flared and made sure everyone stayed focused and kept on track. Everyone was very excited until he told how why he would not make it out of the jungle alive.

Profitability 48

Profitability Contractors New York City New York 48