Mark Beard
Family-owned construction firm Beard has declared itself “well placed” to weather the coronavirus pandemic, after a strong set of financial results for 2019.
The company recorded an 8% increase in pre-tax profits to £5m last year, while turnover rose by 6% to £159m. The company also cut its average invoice payment time from 29 days to 27 days.
Among the projects the contractor completed during the year was the £14m construction of a new spa at South Lodge in Sussex, construction of new toll houses for the Clifton Suspension Bridge in Bristol, and delivery of a new 72-unit accommodation building for students at Somerville College in Oxford.
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