OUR FINANCES

Strong cash balance with zero debt


It gives us independence, and independence gives us choice

We use this freedom of choice to work on projects we believe in and which inspire others. In short, projects built with ambition.

Since 2010, we have more than tripled our turnover thanks to our reputation based on prompt and faultless delivery and excellent customer relationships. But the sustainability of our growth is more important than its speed. It provides stability for our people, contractors and suppliers. And it provides value for our customers. Our reputation for smooth project delivery is built on treating suppliers and contractors fairly.

SIGNATORIES OF PROMPT 

PAYMENT CODE: 

29 DAY AVERAGE 

PAYMENT TO 

SUPPLY CHAIN

£175m INDEPENDENT 

FAMILY BUSINESS 

WITH ZERO DEBT

EXCEED THE PROMPT 

PAYMENT CODE BY 15%

"Business at Beard is thriving. We’ve seen very strong demand for our services over the past year, especially in the education and commercial sectors, and we’ve won plenty of work through local and national frameworks. We start 2024 upbeat about the prospects of the year ahead with a healthy head of work. Along with our own brilliant people, our supply chain has played a vital role in our success and I’d particularly like to thank all our supply chain partners. We look forward to their continued support with our strong pipeline of work in 2024. The new Southampton office is ideally placed to support our growth in the region."

Fraser Johns, Finance Director

In March 2024 we published our full-year accounts for year ending 31 December 2023. They show pre-tax profits of £4.3m with turnover for 2023 totalling £179m, as the business benefitted from its biggest year of sales.

Sales were up by 9% on 2022, with profitability also improving year on year. As well as strong customer demand, we won places on several local and national frameworks, including our re-appointment to the Procure Partnerships Framework, an £8bn national construction framework.

See our full results on Companies House.

COMPANIES HOUSE