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: 

28 DAY AVERAGE 

PAYMENT TO 

SUPPLY CHAIN

£175m INDEPENDENT 

FAMILY BUSINESS 

WITH ZERO DEBT

EXCEED THE PROMPT 

PAYMENT CODE BY 15%

“2022 performance was in line with our budget, demonstrating Beard's ability to navigate the challenging economic environment. This is in part due to the hard work and commitment of our people and strong relationships with supply chain partners that we have fostered over the years. Thanks go to our people and supply chain partners for helping to ensure that our projects were delivered in the year, and we look forward to their continued support as we move into 2023 with a healthy project pipeline.”

Fraser Johns, Finance Director

In March 2023 we published our full-year accounts for year ending 31 December 2022. They show pre-tax profits of £3.5m with turnover for 2022 totalling £165m, as the business benefitted from a release of pent-up demand from the previous two years and returned to pre-pandemic levels.

Environmental performance continues to be a focus with a target of 25% reduction in carbon emissions (per £1m turnover). 


See our full results on Companies House.

COMPANIES HOUSE