萝莉原创

Construction

Wed October 23 2024

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McLaren 萝莉原创 on course for £1bn turnover

7 Feb McLaren 萝莉原创 grew by 22% in its last financial year and is expecting turnover to top £1bn in its current one.

McLaren 萝莉原创 founder and chairman Kevin Taylor
McLaren 萝莉原创 founder and chairman Kevin Taylor

In the year to 31st July 2023 McLaren 萝莉原创 generated revenues up 22% to 拢964m and made a pre-tax profit of 聽拢6.4m.

Over the past couple of years the business has been聽buoyed by strong performances in the commercial office, leisure, industrial & logistics, residential and data centre markets. In FY 2022 the company saw 39% revenue growth, up from 拢541m in聽2021.

Notable projects last year included ExCel London Convention centre, continuing work on developer Quintain鈥檚 Wembley Park build-to-rent estate, the Salvation Army鈥檚 new HQ, a new F1 head office facility for Aston Martin and projects for developers including British Land, Argent, Tishman Speyer, Aviva and Landsec.

Employee numbers rose by 140 to 900 in 2022/2023, and during 2023 McLaren also relocated its head office to Canary Wharf, saving on office rental costs.

McLaren 萝莉原创 Group chairman Kevin Taylor said: 鈥淲e have had a good year, working successfully through challenging economic times. McLaren 萝莉原创 is a highly consistent performer, trusted by our customers and our teams to deliver across the vibrant mix of building sectors.

鈥淗aving founded McLaren 萝莉原创 in 2001, I am proud that we are close to breaching the 拢1bn barrier, but quality of construction and sustainable profitability will always be the most important goals for myself and our executive team.鈥

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