Construction news

• Winvic holds £1bn turnover despite tougher markets

  21-08-2026 12:09 via constructionenquirer.com
  
  Shed and multi-room specialist Winvic stayed in the £1bn-plus turnover club for a second year despite tougher markets.
  Turnover at Winvic Group edged down 1% to £1.003bn in the year to January 2026 from last year’s peak with pre-tax profit also slipping to £30m from £32m. That pushed operating margin down to 2.5% from 2.8%.
  Despite the softer result, Winvic said it was strongly placed to resume growth with a £1.68bn forward order book and 85% of forecast 2026/
  
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• Cautious subbies contain Ardmore losses at £5.1m

  21-08-2026 08:57 via constructionenquirer.com
  
  Subcontractors have been left £5.1m out of pocket by the collapse of Ardmore Construction Group, which went down owing creditors £29m.
  The supply chain hit is more contained than many had feared after firms tightened credit as concern grew over Ardmore’s exposure to major building safety claims.
  Ardmore Construction Group entered administration on 11 June after Crest Nicholson secured a £14.99m adjudication decision over alleged fire safety defects at the 569-home Admiral
  
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