Geomechanics.io

  • Free Tools
Sign UpLog In
AllGeotechnicalMiningInfrastructureMaterialsHazardsEnvironmentalSoftwarePolicy

Geomechanics.io

Geomechanics, Simplified.

© 2025 Geomechanics.io. All rights reserved.

Geomechanics.io

CMRR-ioGEODB-ioHYDROGEO-ioQCDB-ioFree Tools & CalculatorsBlogLatest Industry News

Industries

MiningConstructionTunnelling

Company

Terms of UsePrivacy PolicyLinkedIn
    Projects

    McLaughlin & Harvey procurement delays: risk and cashflow lessons for project teams

    December 22, 2025|

    Reviewed by Joe Ashwell

    McLaughlin & Harvey procurement delays: risk and cashflow lessons for project teams

    First reported on The Construction Index

    30 Second Briefing

    Procurement delays on major schemes cut McLaughlin & Harvey Holdings’ turnover by 30% to £612.1m for the year to 30 June 2025, from £870.4m, as multiple large civil engineering and construction projects slipped into mid-to-late 2025/26. Despite the volume hit, operating profit rose to £12.8m and pre-tax profit to £18.2m, with both the Northern Ireland and Scottish construction arms contributing positively. The group reports net assets of £67m, cash of £148m and says most 2025/26 budgeted turnover is already secured in the order book.

    Technical Brief

    • Procurement-stage prolongation is explicitly delaying commencement of “a number of scale projects” into mid–late 2025/26.
    • Management links delays to industry-wide lengthening of tendering and award processes before site mobilisation.
    • Directors warn the 2025/26 financial year will again see turnover timing distorted by late starts.
    • Cash on hand of £148m provides substantial working-capital cover for long pre-construction and bid periods.
    • Net assets of £67m give a relatively strong balance sheet for bonding and framework prequalification.
    • Both Northern Ireland and Scottish construction divisions remained profit-contributing despite reduced work-on-site volumes.
    • Order book already secures the majority of 2025/26 budgeted turnover, reducing short-term bidding exposure.

    Our Take

    Despite the 30% turnover drop, McLaughlin & Harvey’s £148m cash balance and £67m net assets give it a stronger liquidity position than many UK regional contractors in our Infrastructure coverage, which should help it ride out delayed public-sector procurements in Scotland and Northern Ireland.

    The improvement in profit before tax relative to the previous year, even on lower revenue, suggests McLaughlin & Harvey has tightened cost control and project selection, a pattern also seen in several other UK contractors in our 320 Infrastructure stories as they pivot towards higher-margin frameworks rather than pure volume growth.

    With guidance pointing to recovery in the mid to latter stages of the 2025/26 year, the company is likely to be targeting the next wave of UK infrastructure and public building frameworks highlighted across our 820 Projects-tagged pieces, where delayed awards are now starting to move again, particularly in devolved administrations.

    Geotechnical Software for Modern Teams

    Centralise site data, logs, and lab results with GEODB-io, CMRR-io, and HYDROGEO-io.

    No credit card required.

    • Save and export unlimited calculations
    • Advanced data visualisation
    • Generate professional PDF reports
    • Cloud storage for all your projects

    Prepared by collating external sources, AI-assisted tools, and Geomechanics.io’s proprietary mining database, then reviewed for technical accuracy & edited by our geotechnical team.

    Related Articles

    Construction Edition sticker outlets in hire shops: engagement lessons for plant teams
    Infrastructure
    about 7 hours ago

    Construction Edition sticker outlets in hire shops: engagement lessons for plant teams

    The Construction Edition Official Sticker Album, featuring collectable images of construction machinery, is expanding distribution from more than 3,000 UK and Ireland supermarkets into plant and tool hire shops and dealer outlets. Publisher Paul Buist aims to use point-of-sale exposure at firms such as Shire Plant Hire to encourage customers to buy albums and sticker packs for children and young relatives, promoting early interest in plant and equipment. Interested hire shops and equipment dealers are invited to become stockists via The Construction Index contact channel.

    GMI Construction Group profit surge: delivery and pipeline insights for project teams
    Infrastructure
    about 7 hours ago

    GMI Construction Group profit surge: delivery and pipeline insights for project teams

    Profits at GMI Construction Group rose sharply for the year to 30 September 2025, with profit before tax more than doubling to £2.31m on virtually flat turnover of £233.0m and gross margin improving from 3.3% to 4.8%. Cash at bank increased to £22.5m as the contractor delivered over 880,000 sq ft of industrial and logistics space and a 267,000 sq ft office scheme at Circle Square in Manchester, plus the Dakota Hotel in Newcastle and Hyatt Hotel in Leeds. Framework-delivered public sector projects now contribute 13% of turnover, up from 4%, giving a more visible forward pipeline for complex commercial, hotel and PBSA work.

    Premier Forest–Arnold Laver deal: supply continuity insights for project teams
    Infrastructure
    about 7 hours ago

    Premier Forest–Arnold Laver deal: supply continuity insights for project teams

    Premier Forest Products has acquired Arnold Laver’s Manchester and Reading branches from the administrators of National Timber Group England, immediately safeguarding 36 jobs and planning to expand headcount at the two sites to more than 100. Both locations will now trade under the Premier Forest brand, with operations to be rebuilt and re-staffed to maintain continuity of structural timber and panel product supply into key regional construction markets. The deal follows National Timber Group’s collapse into administration in November after sustained financial pressure across UK timber and construction supply chains.

    Related Industries & Products

    Construction

    Quality control software for construction companies with material testing, batch tracking, and compliance management.

    Mining

    Geotechnical software solutions for mining operations including CMRR analysis, hydrogeological testing, and data management.

    QCDB-io

    Comprehensive quality control database for manufacturing, tunnelling, and civil construction with UCS testing, PSD analysis, and grout mix design management.