Caddick Construction smashes revenue record with further £1.4bn in new orders

Caddick Construction Group has reported a record-breaking year, bolstered by £1.4 billion in new orders across multiple sectors.

The group posted £375 million in revenue for FY2025, an eight per cent increase compared to the previous year.

The Construction, Civil Engineering, and Facades divisions achieved a £4.5 million pre-tax profit, with a target set for a combined four per cent margin.

Caddick also saw a 10 per cent rise in cash and equivalents, ending the year with £36 million.

Key investments included £600,000 for a new plant in Civil Engineering and a £500,000 refurbishment of its Warrington premises, including energy efficiency upgrades.

Notable project wins include the Stone Yard development in Birmingham, a 1,000-home build-to-rent (BTR) project for Moda and Aviva Capital Partners.

The company also strengthened its presence in the North East, with projects underway for Richardson Barberry and Placefirst in County Durham and Sunderland.

Alongside pipeline and geographical growth, Caddick has balanced its public and private sector projects to ensure stable work pipelines.

This included its appointment to Prosper’s £500 million new build development framework and Torus’ £224 million housing and retrofit framework, as well as securing four lots on the Department for Education’s £15 billion Construction Framework 2025.

The group, which welcomed 100 new colleagues, and invested in 26 new apprentices and trainees, said it overcame industry challenges during the year, including project delays, inflation, and material price volatility.

However, it managed to write off the remaining legacy losses from projects impacted by hyperinflation and subcontractor insolvency.

Caddick Construction Group managing director Paul Dodsworth said the group had achieved a year of “real progress”.

“We share in the industry’s headwinds, and we’re proud to have maintained a resilient and growing group of businesses despite these challenges,” he said.

“With the group’s strong short-term visibility and significant medium to long-term potential, the Board remains confident that our three-year journey to deliver a consistent four per cent margin will be achieved.

“Alongside our pipeline growth, we will continue to invest in our people, our business and our capability to ensure we keep pace with the huge technological and policy changes our industry is seeing, so that we can continue to deliver exceptional work for our clients.”

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