RG Carter cash increases 22% as revenue falls

R G Carter Construction has delivered a strong cash position of more than £60 million, with turnover expected to increase during FY2026. 

For the year ended 31 December 2025, the firm’s cash balance grew to £63.2 million, up 22.6 per cent from £51.5 million the year before.

The Norfolk-headquartered business, which delivers a range of construction and building services to the UK built environment sector has forecast a “strong” order book in the coming year, including a framework contract with the Department for Education.

Staying with its balance sheet, net assets remained stable at £36.6 million (FY2024: 38.7 million), with the firm issuing dividends of £7.95 million in the year (FY2024: £9 million).

And while revenue for FY2025 fell to £194.3 million (FY2024: 224.9 million), bosses are expecting turnover to rise in the future.

Elsewhere in the business, RG Carter has made ongoing investments to enhance the working environment, benefit colleagues and propel the success of the company.

“The group has performed well and has on hand a strong order book for the coming year, including award of the Department for Education framework agreement,” a financial statement read.

Founded in 1921, R G Carter operates from multiple offices throughout the UK and caters to several sectors including commercial & industrial, later living, defence, healthcare, hotels & leisure, retail, and residential.

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