Beard Construction has reported strong business performance, with turnover accelerating back above pre-pandemic levels.
Full year accounts published for the year ending December 31, 2022 show pre-tax profits of £3.5m and turnover of £165 million, as the business benefitted from a release of pent-up demand from the previous two years.
Beard finance director Fraser Johns said the company’s performance was in line with its budget, demonstrating Beard’s ability to navigate the challenging economic environment.
This, he said, was due to the hard work and commitment of its people and the strong relationships with supply chain partners the company has fostered over the years.
Fraser Johns said: “We maintained focus on our core objective - ensuring the safety of all those who came into contact with our activities. Our safety objectives achieved a significant reduction in slips, trips, and falls and ultimately in our accident rate in 2022.
“We would like to thank our people and supply chain partners for helping to ensure that our projects were delivered successfully last year, and we look forward to their continued support as we move into 2023 with a healthy project pipeline.”
Projects begun last year by Beard included the construction of Aztec 1000, the South West’s first net zero carbon in-operation office development; a new community tennis centre clubhouse at Raynes Park for the All England Lawn Tennis Club; two children’s homes and a family contact centre for Surrey County Council; new boarding houses and a pavilion dining room for Abingdon School in Oxfordshire; and the painstaking restoration of the two-storey library of Exeter College in Oxford.
Environmental performance continues to be a focus for the business with a target of 25 per cent reduction in carbon emissions (per £1m turnover). Beard has implemented a number of initiatives to reduce emissions, and to date has achieved a five per cent reduction (per £1m turnover) compared with a baseline of pre-pandemic levels in 2019.
Construction News
15/03/2023
Beard Construction Announces Strong Business Performance


09/07/2025
Network Space Developments has formally submitted an outline planning application to redevelop the former Cadent Gas Works site on Winwick Road, just north of Warrington town centre.
The plans propose up to 100,000 sq ft of high-quality employment space, intended to accommodate a range of industria

09/07/2025
The City of London Corporation has granted planning permission for two major high-rise schemes at opposite ends of the City's historic skyscraper cluster, reinforcing the Square Mile’s reputation as a global business and cultural hub.
The approved projects, a 45-storey tower at 63 St Mary's Axe and

09/07/2025
Construction firm Kier has signed a Pre-Construction Services Agreement (PCSA) with global healthcare company Haleon to deliver a state-of-the-art Oral Health Innovation Hub in Weybridge, Surrey.
The landmark project, announced by the UK Government during its International Investment Summit, will p

09/07/2025
One of the UK's largest housebuilders, Persimmon Homes Severn Valley, has submitted detailed proposals for the construction of 562 new homes in Cribbs Causeway, as part of the next phase of its major Fishpool Hill development near Bristol.
The latest reserved matters applications cover phase two of

09/07/2025
The Transpennine Route Upgrade (TRU) has reached a significant milestone, following five consecutive weekends of intensive engineering work between Leeds and York to advance electrification of the line.
As part of the ongoing upgrades, engineers have now installed 7.5 kilometres of overhead line eq

09/07/2025
Plans to transform the Teviot Estate in Poplar have reached a major milestone, with Tower Hamlets Council granting a resolution to approve the £800 million redevelopment at its Strategic Development Committee meeting on Tuesday, 8 July.
The Hill Group and housing association Poplar HARCA are leadin

09/07/2025
Wates has joined Stepnell, Morgan Sindall, Kier, and BAM as a Gold Corporate Partner of the Centre for Construction Best Practice (CCBP), marking a major milestone in efforts to improve collaboration, innovation, and delivery standards across the UK construction sector.
The five major contractors a

09/07/2025
Roger Bullivant Limited (RBL) has been appointed by main contractor McLaren to carry out piling works for a new Boxing Academy and school development in Hackney, East London.
The high-profile project, commissioned by the Department for Education and the Boxing Academy Trust, will transform an unfin

09/07/2025
Key redevelopment projects at Central Library and Peterscourt, part of the wider Vine Towns Fund initiative, are set to move forward as Cabinet prepares to review an update and approve contracts at a meeting on 15 July.
The update outlines the final phase of the £25 million Vine project, which is p

09/07/2025
Seven of the UK's largest housebuilders have offered a combined £100 million settlement in response to a Competition and Markets Authority (CMA) investigation into alleged information sharing practices that raised competition concerns.
The CMA launched the probe last year amid suspicions that Barra