McAleer & Rushe Contracts UK Ltd turned over £491.5m within the 12 months to thirty first December 2024, which was 13% larger than 2023’s £436.4m, and consistent with administrators’ expectations.
Working revenue elevated by 52% to achieve £13.2m (2023: £8.7m) whereas pre-tax revenue was up 45% at £16.0m (2023: £11.0m).
Money at financial institution and in hand grew from £53m to £71m over the course of the 12 months.
Contracts accomplished by McAleer & Rushe within the 12 months included the 36-storey Trade Sq. house block in Birmingham, Metropolis Sq. Home workplace constructing in Leeds, Maldron motels in Liverpool and Manchester, pupil lodging developments in Leeds and Nottingham and the 13-block New Acres residential scheme for Authorized & Basic in Wandsworth, London.
A 12 months in the past, within the 2023 annual report, finance director Eamon Higgins wrote that 2025 turnover was anticipated to interrupt the £500m mark. Within the 2024 report he now says that turnover for 2025 is predicted to achieve £550m.
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