Tier One contractor McLaren Construction, now its 25th year, has seen its turnover pass £1bn for the first time.
McLaren Construction’s annual report and accounts for the year ending 31st July 2025 show turnover of £1.12 bn (2024: £924 m) and pre-tax profit of £21 m (2024: £11.9 m).
And turnover is continuing to rise to a forecast £1.25 bn for the current 2026 financial year.
McLaren’s diversification into the public sector contributed £250 m to turnover last year and continues with places on 24 frameworks, including the University of Greenwich Major Works Framework, Worcestershire & West Midlands Development Framework and London Construction Programme Housing Framework, strengthening McLaren’s position in the building safety, refurbishment, health and education sectors.
Growth is also driven by increased demand in data centres and warehouses.
McLaren engaged in more than 81 active projects in both the UK and UAE during the 2025 financial year – 21 in negotiation, 31 live on site and 29 completed. Projects awarded to McLaren in the year included Brettenham House for Helical, the Boxing Academy in Hackney for the Department for Education, Guildford Depot for Guildford Borough Council, TN2 Gateway for Scannell Properties and Royal London Asset Management Property, MLM Crayford for Stoford and Axel Logistics, 10 King William Street for Helical and Places for London and Grafton Street Phase 1 for O&H Properties.
McLaren has subsequently established operations in Wales with the Cardiff Arena project for Live Nation and the Kop Stand redevelopment for Wrexham AFC.
Repeat business came from developers such as British Land, Landsec, The Crown Estate, Big Yellow, Manchester Airports Group, Department for Education and sister company McLaren Property. New customers included Panattoni, Live Nation and the London School of Economics.
McLaren Construction chief executive Paul Heather said: “Geographical spread and sector diversity have allowed us to grow in a tough market. McLaren has reached the point where it can offer expertise in any building sector, anywhere in England and Wales, and in the UAE. Our project wins range from £10m to £350m in contract value and we have kept ourselves lean and flexible enough to handle any size and complexity of scheme delivering value to our customers.”
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