Top 100 Contractors and Housebuilders 2004 | Features

Top100 contractors housebuilders by turnover
	Company	Total turnover £000	Year end	Contracting £000	Housing £000	Property £000	Services £000	Other £000
1	Amec	4,712,700	Dec-03	2,153,700		82,600	2,517,300	36,200
2	Balfour Beatty*	3,678,000	Dec-03	3,462,000				216,000
3	Wimpey	2,878,500	Dec-03		2,878,500
4	Taylor Woodrow	2,669,400	Dec-03	368,700	2,236,800	63,900
5	Barratt Developments	2,171,000	Jun-03		2,171,000
6	Mowlem	2,004,000	Dec-03	1,497,000		1000	487,600	18,400
7	Carillion	2,002,800	Dec-03	1,001,800			933,500	67,500
8	Persimmon	1,883,000	Dec-03		1,883,000
9	Kier	1,445,600	Jun-03	1,237,900	201,300			6400
10	Laing O’Rourke	1,377,246	Mar-03	1,245,303				131,943
11	Berkeley Group	1,250,165	Apr-03		1,221,512	28,653
12	Jarvis	1,217,200	Mar-03				1,217,200
13	Interserve	1,211,100	Dec-03	475,700			447,800	287,600
14	Wilson Bowden	1,165,800	Dec-03		1,042,400	123,400
15	Morgan Sindall 1	1,137,537	Dec-03	665,421	278,814			193,302
16	Skanska Construction* 2	1,074,071	Dec-03	1,074,071
17	Bellway	954,197	Jul-03		954,197
18	Alfred McAlpine	886,100	Dec-03	329,900			514,900	41,300
19	Westbury	878,987	Feb-04		878,987
20	Miller	743,000	Dec-03	239,400	398,700	104,900
21	Costain	650,200	Dec-03	629,200		21,000
22	Sir Robert McAlpine	648,332	Oct-02	648,332
23	Galliford Try	640,380	Jun-03	480,284	159,447			649
24	AWG Construction Services	638,078	Mar-03	387,022			251,056
25	HBG Construction	633,300	Dec-03	594,900		20,800		17,600
26	MJ Gleeson	624,564	Jun-03	521,293	103,271
27	Redrow Group	608,300	Jun-03		596,000	11,900		400
28	Shepherd Building Group*	605,000	Jun-03	605,000
29	Wates Group*	580,879	Dec-03	526,021	54,858
30	Bovis Lend Lease 3	578,084	Jun-03	578,084
31	Crest Nicholson	574,400	Oct-03	23,900	550,500
32	Keller	567,505	Dec-03	567,505
33	Mitie	565,840	Mar-03				565,840
34	Vinci*	491,275	Dec-03	491,275
35	Peterhouse 4	489,800	Dec-03				489,800
36	Bowmer & Kirkland *	487,412	Aug-03	487,412
37	Birse	486,997	Apr-03	469,672		7953		9372
38	Bovis Homes	478,424	Dec-03		478,424
39	Edmund Nuttal	455,104	Dec-03	455,104
40	Montpellier*	436,529	Sep-03	436,529
41	Countryside Properties	418,629	Sep-03	110,823	307,806
42	Rok Property Solutions	408,186	Dec-03	328,549		50,578	22,519	6540
43	NG Bailey	406,506	Feb-03	406,506
44	Bloor Holdings	402,539	Jun-03		286,135			116,404
45	Interior Services Group 5	402,017	Jun-03	402,017
46	Emcor Drake & Skull*	354,616	Dec-02	354,616
47	Willmott Dixon*	331,627	Dec-03	331,627
48	Enterprise	315,600	Dec-03				315,600
49	Ringway	306,598	Dec-03				306,598
50	Fairview Holdings	284,010	Dec-03		284,010
51	Linden	256,058	Dec-03		256,058
52	McCarthy & Stone	255,100	Aug-03		255,100
53	J Murphy & Sons*	248,404	Dec-02	248,404
54	Accord	240,558	Dec-03				240,558
55	May Gurney*	239,382	Mar-03	239,382
56	Staveley Industries	239,318	Dec-02	174,153			65,165
57	Gladedale Holdings	232,589	Dec-03		224,838		7751
58	Fairclough Homes	228,150	Mar-03		228,150
59	Simons*	227,711	Mar-03	227,711
60	RG Carter Holdings*	227,087	Dec-02	227,087
61	Fitzpatrick 6	224,839	Dec-03	224,839
62	Lorne Stewart*	215,398	Dec-03	215,398
63	Pearce Group	183,945	Oct-02	183,945
64	Osborne*	181,641	Mar-03	181,641
65	Biwater	178,900	Mar-03	132,500				46,400
66	Stewart Milne*	177,065	Jun-03	23,395	112,614			49,789
67	McNicholas Construction*	176,142	Mar-03	176,142
68	Southern Electric Contracting	173,541	Mar-03	173,541
69	Galliard Homes	171,911	Mar-03		171,911
70	David McLean	171,255	Jun-03	103,195	67,664	361		35
71	Severfield-Rowen	170,152	Dec-03	170,152
72	Cala	166,924	Jun-03		151,533	15,391
73	Higgins	166,446	Jul-03	122,561	43,697	188
74	Headcrown*	163,781	Sep-03	163,781
75	Connaught	159,418	Aug-03				159,418
76	Seddon*	157,033	Dec-02	157,033
77	Keepmoat Holdings	155,566	Mar-03		155,566
78	Dean & Dyball*	150,210	Sep-03	150,210
79	T Clarke	143,265	Dec-03	143,265
80	McNicholas *	140,069	Dec-02	140,069
81	Midas *	138,954	Apr-03	138,954
82	PME	138,730	Dec-03				138,730
83	John Doyle	137,888	Dec-02	55,101				82,787
84	Robertson Group (Scotland) *	134,870	Nov-02	134,870
85	Morris Group	133,221	Mar-03		133,221
86	Styles & Wood	132,798	Dec-03					132,798
87	Dew Pitchmastic*	129,516	Oct-03	129,516
88	Marshall Holdings*	126,321	Dec-02	126,321
89	Clancy*	125,564	Mar-03				125,564
90	Ogilvie	125,507	Jun-03	86,709				38,798
91	Benson	125,147	Dec-03	125,147
92	Propencity*	125,018	Jan-03	125,018
93	Haymills	120,870	Mar-03	102,889				17,981
94	Tolent	117,100	Dec-03	117,100
95	Byrne	113,556	May-03	106,570		5742		1244
96	Rydon*	109,885	Mar-03		109,885
97	Henry Boot*	108,821	Dec-03	108,821
98	Tulloch*	108,452	Dec-03	52,400	45,827		10,225
99	Barhale Construction	107,277	Aug-03	107,277
100	John Sisk	104,975	Dec-03	104,975
	Totals	58,497,462		28,786,638	18,921,725	538,366	8,817,124	1,519,442
Notes
Turnover refers to group total, including joint ventures
* Full split of activities not provided in reports and accounts, therefore turnover and/or profits assigned to main activity
1 Morgan Sindall’s housing refers to affordable housing
2 Skanska results are taken from Skanska Group accounts and converted to sterling values
3 Bovis data refers to Bovis Lend Lease
4 Peterhouse was acquired by Babcock in June 2004
5 Interior Services Group data excludes construction management
6 Fitzpatrick was acquired by VolkerWessels in May 2004

Top 100 contractors and housebuilders by pre-tax profit
	Company	Total pre-tax profit £000**	Year end	Contracting £000	Housing £000	Property £000	Services £000	Other £000	Interest etc* £000**
1	Wimpey	378,200	Dec-03		429,800				-51,600
2	Persimmon	341,700	Dec-03		381,700				-40,000
3	Taylor Woodrow	304,000	Dec-03	8400	336,200	8200			-48,800
4	Barratt Developments	288,700	Jun-03		298,700				-10,000
5	Wilson Bowden	223,300	Dec-03		221,600	23,200			-21,500
6	Berkeley Group	221,181	Apr-03		226,217	5989			-11,025
7	Bellway	169,251	Jul-03		173,129				-3878
8	Bovis Homes	123,013	Dec-03		129,233				-6220
9	Balfour Beatty*	118,000	Dec-03	107,000				54,000	-43,000
10	McCarthy & Stone	116,000	Aug-03		112,900				3100
11	Westbury	106,575	Feb-04		138,368				-31,793
12	Redrow Group	106,100	Jun-03		111,500	3000		-800	-7600
13	Amec	95,700	Dec-03	55,600		8300	94,800	9500	-72,500
14	Crest Nicholson	74,600	Oct-03		87,300				-12,700
15	Jarvis	62,700	Mar-03				79,600		-16,900
16	Bloor Holdings	47,913	Jun-03		55,954			-3082	-4959
17	Mowlem	45,200	Dec-03	26,800		-200	17,500	21,500	-20,400
18	Laing O’Rourke	43,825	Mar-03	38,533				5619	-327
19	Fairview Holdings	40,332	Dec-03		58,881				-18,549
20	Miller	40,200	Dec-03	5900	48,600	7600			-21,900
21	Countryside Properties	36,056	Sep-03	3239	41,132				-8315
22	Kier	33,300	Jun-03	12,900	32,400			-500	-11,500
23	Mitie	31,789	Mar-03				30,324		1465
24	Alfred McAlpine	30,600	Dec-03	14,000			25,700	-10,000	900
25	Henry Boot*	29,953	Dec-03	14,062					15,891
26	Linden	25,411	Dec-03		26,966				-1555
27	Carillion	23,800	Dec-03	5500			47,500	8500	-37,700
28	Bowmer & Kirkland *	21,213	Aug-03	19,802					1411
29	Morgan Sindall	20,920	Dec-03	9840	8920			3210	-1050
30	Gladedale Holdings	20,265	Dec-03		29,382	1871			-10,988
31	Edmund Nuttal	19,998	Dec-03	17,323					2675
32	Marshall Holdings*	17,373	Dec-02	18,702					-1329
33	Shepherd Building Group*	17,300	Jun-03	14,200					3100
34	HBG Construction	16,300	Dec-03	12,700		5600		5400	-7400
35	Costain	16,100	Dec-03	6000		9500			600
36	Enterprise	15,900	Dec-03				17,000		-1100
37	Galliard Homes	15,389	Mar-03		21,453				-6064
38	Keller	14,806	Dec-03	32,838					-18,032
39	Morris Group	14,805	Mar-03		19,698				-4893
40	RG Carter Holdings*	14,457	Dec-02	10,519					3938
41	Bovis Lend Lease	14,121	Jun-03	13,292					829
42	Stewart Milne*	14,020	Jun-03		16,972				-2952
43	Galliford Try	13,511	Jun-03	-407	24,061		-3061	-7082	0
44	Southern Electric Contracting	13,486	Mar-03	12,216					1270
45	Wates Group*	13,333	Dec-03	13,825	5296				-5788
46	Fairclough Homes	12,395	Mar-03		14,874				-2479
47	Keepmoat Holdings	10,405	Mar-03		9720				685
48	Ringway	10,104	Dec-03				10,206		-102
49	Rok Property Solutions	9983	Dec-03	6469		5588	1301	103	-3478
50	MJ Gleeson	9485	Jun-03	4634	9053	2639			-6841
51	Severfield-Rowen	9121	Dec-03	9177					-56
52	T Clarke	8941	Dec-03	8285					656
53	AWG Construction Services	8839	Mar-03	1918			6921		0
54	Vinci*	8414	Dec-03	4612					3802
55	Higgins	8409	Jul-03	5316	8873	143			-5923
56	J Murphy & Sons*	7722	Dec-02	6766					956
57	NG Bailey	6883	Feb-03	5435					1448
58	Headcrown*	6652	Sep-03	7447					-795
59	Willmott Dixon*	6381	Dec-03	9901					-3520
60	May Gurney*	6375	Mar-03	6499					-124
61	Fitzpatrick	6145	Dec-03	5414					731
62	Tulloch*	5333	Dec-03	1670	5505		718	-73	-2487
63	Connaught	5055	Aug-03				5585		-530
64	Seddon*	5016	Dec-02	4862					154
65	John Doyle	4815	Dec-02	2484				4363	-2032
66	Montpellier*	4683	Sep-03	4794					-111
67	David McLean	4596	Jun-03	3428	5529	-790		-2202	-1369
68	Staveley Industries	4225	Dec-02	4959			801		-1535
69	Midas *	4187	Apr-03	3659					528
70	Osborne*	4136	Mar-03	3466					670
71	Styles & Wood	4048	Dec-03					3809	239
72	Rydon*	4027	Mar-03		5763				-1736
73	Lorne Stewart*	3403	Dec-03	2947					456
74	Byrne	3299	May-03	2713		106	524		-44
75	Tolent	2874	Dec-03	2688					186
76	Dean & Dyball*	2695	Sep-03	2727					-32
77	Clancy*	2569	Mar-03				2041		528
78	Accord	2081	Dec-03				5003		-2922
79	Robertson Group (Scotland) *	2020	Nov-02	2153					-133
80	Propencity*	1797	Jan-03	1930					-133
81	PME	1691	Dec-03				1719		-28
82	John Sisk	1575	Dec-03	930					645
83	Ogilvie	1503	Jun-03	1616				309	-422
84	Dew Pitchmastic*	1484	Oct-03	1425					59
85	Simons*	1324	Mar-03	910					414
86	McNicholas *	1249	Dec-02	1144					105
87	Birse	1201	Apr-03	-322		3025		3364	-4866
88	Barhale Construction	786	Aug-03	730					56
89	Cala	774	Jun-03		16,059	3092			-18,377
90	Benson	-230	Dec-03	52					-282
91	Skanska Construction*	-1061	Dec-03	-1061					0
92	Sir Robert McAlpine	-1389	Oct-02	1648					-3037
93	Biwater	-2200	Mar-03	700				-2900	0
94	Interserve	-2900	Dec-03	15,800			10,600	24,200	-53,500
95	Interior Services Group	-2908	Jun-03	-3933					1025
96	Emcor Drake & Skull*	-2975	Dec-02	-3392					417
97	Pearce Group	-3327	Oct-02	-3446					119
98	Haymills	-6210	Mar-03	-6673				1055	-592
99	Peterhouse	-7600	Dec-03				17,500		-25,100
100	McNicholas Construction*	-9049	Mar-03	-7560					-1489
Totals		3,629,547		597,705	3,111,738	86,863	375,343	122,314	-664,416
Aggregate margins		6.2%		2.1%	16.4%	16.1%	4.3%	8.0%
notes
* Full split of activities not provided in reports and accounts, therefore turnover and/or profit assigned to main activity
** Total profit refers to pre-tax profit. Breakdowns refer in most cases to operating profit before exceptional items. Total of profit breakdown and “interest etc” = pre-tax profit
*** “Interest etc” refers in general to net interest payments/receipts, exceptional, and other non-trading income or losses

Top 50 contractors by contracting turnover
	Company	Contracting £000	Year end £000	Housing £000	Property £000	Services £000	Other £000	Total turnover £000
1	Balfour Beatty* 1	3,462,000	Dec-03				216,000	3,678,000
2	Amec	2,153,700	Dec-03		82,600	2,517,300	36,200	4,712,700
3	Mowlem	1,497,000	Dec-03		1000	487,600	18,400	2,004,000
4	Laing O’Rourke	1,245,303	Mar-03				131,943	1,377,246
5	Kier	1,237,900	Jun-03	201,300			6400	1,445,600
6	Skanska Construction*	1,074,071	Dec-03					1,074,071
7	Carillion	1,001,800	Dec-03			933,500	67,500	2,002,800
8	Morgan Sindall	665,421	Dec-03	278,814			193,302	1,137,537
9	Sir Robert McAlpine	648,332	Oct-02					648,332
10	Costain	629,200	Dec-03		21,000			650,200
11	Shepherd Building Group*	605,000	Jun-03					605,000
12	HBG Construction	594,900	Dec-03		20,800		17,600	633,300
13	Bovis Lend Lease	578,084	Jun-03					578,084
14	Keller	567,505	Dec-03					567,505
15	Wates Group	526,021	Dec-03	54,858				580,879
16	MJ Gleeson	521,293	Jun-03	103,271				624,564
17	Vinci*	491,275	Dec-03					491,275
18	Bowmer & Kirkland *	487,412	Aug-03					487,412
19	Galliford Try	480,284	Jun-03	159,447			649	640,380
20	Interserve	475,700	Dec-03			447,800	287,600	1,211,100
21	Birse	469,672	Apr-03		7953		9372	486,997
22	Edmund Nuttal	455,104	Dec-03					455,104
23	Montpellier*	436,529	Sep-03					436,529
24	NG Bailey	406,506	Feb-03					406,506
25	Interior Services Group	402,017	Jun-03					402,017
26	AWG Construction Services	387,022	Mar-03			251,056		638,078
27	Taylor Woodrow	368,700	Dec-03	2,236,800	63,900			2,669,400
28	Emcor Drake & Skull*	354,616	Dec-02					354,616
29	Willmott Dixon*	331,627	Dec-03					331,627
30	Alfred McAlpine	329,900	Dec-03			514,900	41,300	886,100
31	Rok Property Solutions	328,549	Dec-03		50,578	22,519	6540	408,186
32	J Murphy & Sons*	248,404	Dec-02					248,404
33	Miller	239,400	Dec-03	398,700	104,900			743,000
34	May Gurney*	239,382	Mar-03					239,382
35	Simons*	227,711	Mar-03					227,711
36	RG Carter Holdings*	227,087	Dec-02					227,087
37	Fitzpatrick	224,839	Dec-03					224,839
38	Lorne Stewart*	215,398	Dec-03					215,398
39	Pearce Group	183,945	Oct-02					183,945
40	Osborne*	181,641	Mar-03					181,641
41	McNicholas Construction*	176,142	Mar-03					176,142
42	Staveley Industries	174,153	Dec-02			65,165		239,318
43	Southern Electric Contracting	173,541	Mar-03					173,541
44	Severfield-Rowen	170,152	Dec-03					170,152
45	Headcrown*	163,781	Sep-03					163,781
46	Seddon*	157,033	Dec-02					157,033
47	Dean & Dyball*	150,210	Sep-03					150,210
48	T Clarke	143,265	Dec-03					143,265
49	McNicholas *	140,069	Dec-02					140,069
50	Midas *	138,954	Apr-03					138,954
Notes
*Contracting turnover figures are distorted by the inclusion of other activities such as FM and property
1 Balfour Beatty does not provide a data split, hence all its turnover is classified as contracting
The above applies to all three Top 50 tables

Top 50 contractors by contracting operating profit
	Company	Contracting £000	Year end	Housing £000	Property £000	Services £000	Other £000	Interest etc £000**	*Total pre-tax profit £000**
1	Balfour Beatty* 1	107,000	Dec-03				54,000	-43,000	118,000
2	Amec	55,600	Dec-03		8300	94,800	9500	-72,500	95,700
3	Laing O’Rourke	38,533	Mar-03				5619	-327	43,825
4	Keller	32,838	Dec-03					-18,032	14,806
5	Mowlem	26,800	Dec-03		-200	17,500	21,500	-20,400	45,200
6	Bowmer & Kirkland *	19,802	Aug-03					1411	21,213
7	Marshall Holdings*	18,702	Dec-02					-1329	17,373
8	Edmund Nuttal	17,323	Dec-03					2675	19,998
9	Interserve	15,800	Dec-03			10,600	24,200	-53,500	-2900
10	Shepherd Building Group*	14,200	Jun-03					3100	17,300
11	Henry Boot*	14,062	Dec-03					15,891	29,953
12	Alfred McAlpine	14,000	Dec-03			25,700	-10,000	900	30,600
13	Wates Group*	13,825	Dec-03	5296				-5788	13,333
14	Bovis Lend Lease	13,292	Jun-03					829	14,121
15	Kier	12,900	Jun-03	32,400			-500	-11,500	33,300
16	HBG Construction	12,700	Dec-03		5600		5400	-7400	16,300
17	Southern Electric Contracting	12,216	Mar-03					1270	13,486
18	RG Carter Holdings*	10,519	Dec-02					3938	14,457
19	Willmott Dixon*	9901	Dec-03					-3520	6381
20	Morgan Sindall	9840	Dec-03	8920			3210	-1050	20,920
21	Severfield-Rowen	9177	Dec-03					-56	9121
22	Taylor Woodrow	8400	Dec-03	336,200	8200			-48,800	304,000
23	T Clarke	8285	Dec-03					656	8941
24	Headcrown*	7447	Sep-03					-795	6652
25	J Murphy & Sons*	6766	Dec-02					956	7722
26	May Gurney*	6499	Mar-03					-124	6375
27	Rok Property Solutions	6469	Dec-03		5588	1301	103	-3478	9983
28	Costain	6000	Dec-03		9500			600	16,100
29	Miller	5900	Dec-03	48,600	7600			-21,900	40,200
30	Carillion	5500	Dec-03			47,500	8500	-37,700	23,800
31	NG Bailey	5435	Feb-03					1448	6883
32	Fitzpatrick	5414	Dec-03					731	6145
33	Higgins	5316	Jul-03	8873	143			-5923	8409
34	Staveley Industries	4959	Dec-02			801		-1535	4225
35	Seddon*	4862	Dec-02					154	5016
36	Montpellier*	4794	Sep-03					-111	4683
37	MJ Gleeson	4634	Jun-03	9053	2639			-6841	9485
38	Vinci*	4612	Dec-03					3802	8414
39	Midas *	3659	Apr-03					528	4187
40	Osborne*	3466	Mar-03					670	4136
41	David McLean	3428	Jun-03	5529	-790		-2202	-1369	4596
42	Countryside Properties	3239	Sep-03	41,132				-8315	36,056
43	Lorne Stewart*	2947	Dec-03					456	3403
44	Dean & Dyball*	2727	Sep-03					-32	2695
45	Byrne	2713	May-03		106	524		-44	3299
46	Tolent	2688	Dec-03					186	2874
47	John Doyle	2484	Dec-02				4363	-2032	4815
48	Robertson Group (Scotland) *	2153	Nov-02					-133	2020
49	Propencity*	1930	Jan-03					-133	1797
50	AWG Construction Services	1918	Mar-03			6921			8839

Top 50 contractors by operating margin
	Ranking by operating margin (pre-exceptional)
1	Southern Electric Contracting	7.0%
2	Keller	5.8%
3	T Clarke	5.8%
4	Severfield-Rowen	5.4%
5	RG Carter Holdings*	4.6%
6	Headcrown*	4.5%
7	John Doyle	4.5%
8	Higgins	4.3%
9	Alfred McAlpine	4.2%
10	Bowmer & Kirkland *	4.1%
11	Edmund Nuttal	3.8%
12	David McLean	3.3%
13	Interserve	3.3%
14	Tulloch*	3.2%
15	Seddon*	3.1%
16	Laing O’Rourke	3.1%
17	Balfour Beatty* 1	3.1%
18	Willmott Dixon*	3.0%
19	Countryside Properties	2.9%
20	Staveley Industries	2.8%
21	J Murphy & Sons*	2.7%
22	May Gurney*	2.7%
23	Midas *	2.6%
24	Wates Group*	2.6%
25	Amec	2.6%
26	Byrne	2.5%
27	Miller	2.5%
28	Fitzpatrick	2.4%
29	Shepherd Building Group*	2.3%
30	Bovis Lend Lease	2.3%
31	Tolent	2.3%
32	Taylor Woodrow	2.3%
33	HBG Construction	2.1%
34	Rok Property Solutions	2.0%
35	Osborne*	1.9%
36	Ogilvie	1.9%
37	Dean & Dyball*	1.8%
38	Mowlem	1.8%
39	Robertson Group (Scotland) *	1.6%
40	Propencity*	1.5%
41	Morgan Sindall	1.5%
42	Lorne Stewart*	1.4%
43	NG Bailey	1.3%
44	Dew Pitchmastic**	1.1%
45	Montpellier*	1.1%
46	Kier	1.0%
47	Costain	1.0%
48	Vinci*	0.9%
49	MJ Gleeson	0.9%
50	John Sisk	0.9%

Top 25 contractors in fm by facilities management turnover
		FM turnover £000	Operating profit £000	Operating margin	Activities included in turnover figures
1	Amec	2,517,300	94,800	3.8%	FM, building services, design and environmental services
2	Jarvis	1,217,200	79,600	6.5%	road, rail, building services, FM also in accommodation services sector
3	Carillion	933,500	47,500	5.1%	building services, roads and rail maintenance
4	Balfour Beatty*	900,000	na	na	road and rail maintenance, building services
5	Mitie	565,840	31,789	5.6%	building services, FM, general r&m
6	Alfred McAlpine	514,900	25,700	5.0%	building facilities management, infrastructure maintenance, plant services
7	Peterhouse	489,800	17,500	3.6%	infrastructure maintenance, building services, safety and environmental
8	Mowlem	487,600	17,500	3.6%	civils and building FM, cleaning and security
9	Interserve	447,800	10,600	2.4%	facilities management, support services
10	Enterprise	315,600	17,000	5.4%	utility and local authority maitenance
11	Ringway	306,598	10,206	3.3%	roads maintenance and associated works
12	AWG Construction Services	251,056	6,921	2.8%	infrastructure maintenance, building services, FM
13	Accord	240,558	5,003	2.1%	highways and building maintenance, municipal services, social housing
14	Emcor Drake and Skull*	175,000	na	na	building services and maintenance
15	Connaught	159,418	5,585	3.5%	public housing, office and retail maintenance
16	PME	138,730	1,719	1.2%	building maintenance and FM.
17	Clancy	125,564	2,041	1.6%	utility/civils maintenance
18	Kier	115,400	na	na	facilities management, building maintenance
19	McNicholas*	75,000	na	na	civils/utilities maintenance
20	Staveley Industries**	65,165	801	na	building FM
21	Willmott Dixon*	40,000	na	na	building services and maintenance
22	Osborne*	30,000	na	na	housing, building and infrastructure maintenance
23	Robertson Group (Scotland)*	25,000	na	na	schools and general building FM
24	Rok Property Solutions	22,519	1,301	5.8%	building maintenance and FM
25	HBG Construction	17,600	5400	30.7%	building (includes pfi work)

Top 25 housebuilders by housing turnover*
		Housing turnover £000	Year end	Contracting £000	Property £000	Services £000	Other £000	Total turnover £000
1	Wimpey	2,878,500	Dec-03					2,878,500
2	Taylor Woodrow	2,236,800	Dec-03	368,700	63,900			2,669,400
3	Barratt Developments	2,171,000	Jun-03					2,171,000
4	Persimmon	1,883,000	Dec-03					1,883,000
5	Berkeley Group	1,221,512	Apr-03		28,653			1,250,165
6	Wilson Bowden	1,042,400	Dec-03		123,400			1,165,800
7	Bellway	954,197	Jul-03					954,197
8	Westbury	878,987	Feb-04					878,987
9	Redrow Group	596,000	Jun-03		11,900		400	608,300
10	Crest Nicholson	550,500	Oct-03	23,900				574,400
11	Bovis Homes	478,424	Dec-03					478,424
12	Miller	398,700	Dec-03	239,400	104,900			743,000
13	Countryside Properties	307,806	Sep-03	110,823				418,629
14	Bloor Holdings	286,135	Jun-03				116,404	402,539
15	Fairview Holdings	284,010	Dec-03					284,010
16	Linden	256,058	Dec-03					256,058
17	McCarthy & Stone	255,100	Aug-03					255,100
18	Fairclough Homes	228,150	Mar-03					228,150
19	Gladedale Holdings	224,838	Dec-03			7751		232,589
20	Kier	201,300	Jun-03	1237900			6400	1,445,600
21	Galliard Homes	171,911	Mar-03					171,911
22	Galliford Try	159,447	Jun-03	480284			649	640,380
23	Keepmoat Holdings 1	155,566	Mar-03					155,566
24	Cala	151,533	Jun-03		15,391			166,924
25	Morris Group	133,221	Mar-03					133,221

Top 25 housebuilders by housing operating profit**
		Housing operating profit £000	Year end	Contracting £000	Property £000	Services £000	Other £000	Total pre-tax profit £000
1	Wimpey	429,800	Dec-03					378,200
2	Persimmon	381,700	Dec-03					341,700
3	Taylor Woodrow	336,200	Dec-03	8400	8200			304,000
4	Barratt Developments	298,700	Jun-03					288,700
5	Berkeley Group	226,217	Apr-03		5989			221,181
6	Wilson Bowden	221,600	Dec-03		23,200			223,300
7	Bellway	173,129	Jul-03					169,251
8	Westbury	138,368	Feb-04					106,575
9	Bovis Homes	129,233	Dec-03					123,013
10	McCarthy & Stone	112,900	Aug-03					116,000
11	Redrow Group	111,500	Jun-03		3000		-800	106,100
12	Crest Nicholson	87,300	Oct-03					74,600
13	Fairview Holdings	58,881	Dec-03					40,332
14	Bloor Holdings	55,954	Jun-03				-3082	47,913
15	Miller	48,600	Dec-03	5900	7600			40,200
16	Countryside Properties	41,132	Sep-03	3239				36,056
17	Kier	32,400	Jun-03	12,900			-500	33,300
18	Gladedale Holdings	29,382	Dec-03		1871			20,265
19	Linden	26,966	Dec-03					25,411
20	Galliford Try	24,061	Jun-03	-407			-3061	13,511
21	Galliard Homes	21,453	Mar-03					15,389
22	Morris Group	19,698	Mar-03					14,805
23	Stewart Milne*	16,972	Jun-03					14,020
24	Cala	16,059	Jun-03		3092			774
25	Fairclough Homes	14,874	Mar-03					12,395
Notes
* Those companies that highlight housing separately in their report and accounts, and which are included in the Top 100
** Before exceptional items and amortisation
1 Keepmoat Holdings data includes social housing

Top 25 housebuilders by operating margin
Ranking by operating margin (pre-exceptional)		%
1	McCarthy & Stone	44.3
2	Bovis Homes	27.0
3	Wilson Bowden	21.3
4	Fairview Holdings	20.7
5	Higgins	20.3
6	Persimmon	20.3
7	Bloor Holdings	19.6
8	Redrow Group	18.7
9	Berkeley Group	18.5
10	Bellway	18.1
11	Kier	16.1
12	Crest Nicholson	15.9
13	Westbury	15.7
14	Galliford Try	15.1
15	Stewart Milne	15.1
16	Taylor Woodrow	15.0
17	Wimpey	14.9
18	Morris Group	14.8
19	Barratt Developments	13.8
20	Countryside Properties	13.4
21	Gladedale Holdings	13.1
22	Galliard Homes	12.5
23	Miller	12.2
24	Tulloch	12.0
25	Cala	10.6
Average margin		17.6
Average margin 2002		14.8
Average margin 2001		15.0
Average margin 2000		12.4
Average margin 1999		13.2
Average margin 1998		11.7

Top 25 housebuilders by sales/completions
		Sales/completions 2003
1	Barratt Developments	13,304
2	Persimmon	12,163
3	Wimpey	11,813
4	Taylor Woodrow	7690
5	Bellway	6278
6	Wilson Bowden	5037
7	Westbury	4400
8	Redrow Group	4031
9	Berkeley Group	3544
10	Miller	2871
11	Bovis Homes	2364
12	McCarthy & Stone	1948
13	Crest Nicholson	1936
14	Bloor Holdings*	1900
15	Countryside Properties	1753
16	Fairview Holdings	1723
17	Fairclough Homes	1442
18	Gladedale Holdings	1358
19	Morris Group*	1100
20	Linden	1048
21	Kier	990
22	Stewart Milne*	900
23	Galliford Try	741
24	Cala	607
25	Galliard Homes*	500
Notes
* Estimated sales

Top housebuilders by average sale price
		Average price £	Change on 2001%
1	Berkeley Group	315,000	15.4
2	Countryside Properties	288,000	3.2
3	Crest Nicholson	258,000	7.4
4	Cala	250,000	-6.0
5	Linden	212,000	6.0
6	Wilson Bowden	204,500	2.3
7	Galliford Try	200,000	13.0
8	Bovis Homes	199,800	12
9	MJ Gleeson	195,000	7.1
10	Westbury	191,700	11.8
11	Gladedale Holdings	191,000	N/A
12	David McLean	187,000	29.9
13	Kier	181,900	9.5
14	Taylor Woodrow	181,000	-0.5
15	Wimpey	168,000	13.5
16	Barratt Developments	158,600	13.6
17	Fairclough Homes	156,773	N/A
18	Persimmon	154,810	11.8
19	Miller	154,000	18.5
20	Bellway	149,700	23.9
21	Redrow Group	147,900	4.2
22	McCarthy & Stone	130,900	16.9

Top contractors and housebuilders by highest paid director*
		2003			2002			Change %
		Total	Basic pay	Bonus etc	Total	Basic pay	Bonus etc
		£000, excluding pensions			£000, excluding pensions
1	Bowmer & Kirkland	2,539	N/A	N/A	1,031	N/A	N/A	146.3
2	Stewart Milne	2,461	N/A	N/A	1,416	N/A	N/A	73.8
3	Berkeley Group	2,183	650	1,533	1,470	600	870	48.5
4	Higgins	1,574	N/A	N/A	823	N/A	N/A	91.3
5	Wimpey	1,255	510	745	948	450	498	32.4
6	Barratt Developments	1,235	340	895	644	335	309	91.8
7	Bloor Holdings	1,122	N/A	N/A	858	N/A	N/A	30.8
8	Amec	1,021	628	393	719	581	138	42.0
9	Taylor Woodrow	950	470	480	738	415	323	28.7
10	Countryside Properties	907	140	767	859	140	719	5.6
11	McCarthy & Stone	892	439	453	929	422	507	-4.0
12	David McLean	866	N/A	N/A	3,601	N/A	N/A	-76.0
13	Persimmon	854	325	529	852	325	527	0.2
14	Bovis Homes	848	408	440	573	348	225	48.0
15	Bellway	684	298	386	426	261	165	60.6
16	Wilson Bowden	669	440	229	1,052	650	402	-36.4
17	Crest Nicholson	637	351	286	583	317	266	9.3
18	Westbury	624	345	279	523	315	208	19.3
19	Carillion	619	385	234	616	365	251	0.5
20	Bovis Lend Lease	596	N/A	N/A	266	N/A	N/A	124.1
21	Miller	595	N/A	N/A	676	N/A	N/A	-12.0
22	Balfour Beatty	582	435	147	554	400	154	5.1
23	Redrow Group	557	383	174	531	350	181	4.9
24	Willmott Dixon	556	N/A	N/A	378	N/A	N/A	47.1
25	Severfield-Rowen	551	275	276	493	250		11.8
26	Fairview Holdings	545	N/A	N/A	841	N/A	N/A	-35.2
27	Barhale Construction	542	N/A	N/A	342	N/A	N/A	58.5
28	Accord	488	N/A	N/A	351	N/A	N/A	39.0
29	Wates Group	476	N/A	N/A	1,082	N/A	N/A	-56.0
30	Laing O’Rourke	466	N/A	N/A	349	N/A	N/A	33.5
31	Mitie	443	250	193	468	233	235	-5.3
32	Keepmoat Holdings	440	N/A	N/A	294	N/A	N/A	49.7
33	Linden	439	N/A	N/A	400	N/A	N/A	9.8
34	Rok Property Solutions	423	268	155	338	190	148	25.1
35	Alfred McAlpine	420	251	169	545	403	142	-22.9
36	Mowlem	420	318	102	365	301	64	15.1
37	Costain	404	276	128	317	255	62	27.4
38	HBG Construction	393	N/A	N/A	378	N/A	N/A	4.0
39	Morgan Sindall	375	217	158	211	195	16	77.7
40	Tolent	367	N/A	N/A	367	N/A	N/A	0.0
41	Byrne	366	N/A	N/A	907	N/A	N/A	-59.6
42	Edmund Nuttal	355	N/A	N/A	310	N/A	N/A	14.5
43	Galliford Try	346	240	106	353	227	126	-2.0
44	Birse	342	235	107	261	206	55	31.0
45	Fitzpatrick	339	N/A	N/A	1,167	N/A	N/A	-71.0
46	Morris Group	329	N/A	N/A	260	N/A	N/A	26.5
47	Henry Boot	312	173	139	283	169	114	10.2
48	Galliard Homes	308	N/A	N/A	366	N/A	N/A	-15.8
49	Montpellier	299	205	94	354	197	157	-15.5
50	Keller	299	248	51	362	240	122	N/A
51	Vinci	293	N/A	N/A	286	N/A	N/A	2.4
52	Peterhouse	293	195	98	171	155	16	71.3
53	Biwater	290	N/A	N/A	281	N/A	N/A	3.2
54	John Sisk	275	N/A	N/A	261	N/A	N/A	5.4
55	Simons	271	N/A	N/A	355	N/A	N/A	-23.7
56	Jarvis	265	250	15	615	N/A	N/A	-56.9
57	MJ Gleeson	262	230	32	240	220	20	9.2
58	Midas	258	N/A	N/A	163	N/A	N/A	58.3
59	Shepherd Building Group	255	N/A	N/A	333	N/A	N/A	-23.4
60	Kier	255	218	37	335	294	41	-23.9
61	Interior Services Group	255	191	64	236	175	61	8.1
62	Styles & Wood	254	N/A	N/A	238	N/A	N/A	6.7
63	Interserve	254	235	19	594	420	174	-57.2
64	Tulloch	246	171	75	292	222	70	-15.8
65	NG Bailey	239	N/A	N/A	477	N/A	N/A	-49.9
66	McNicholas Construction	218	N/A	N/A	294	N/A	N/A	-25.9
67	Connaught	214	150	64	182	130	52	17.6
68	PME	211	N/A	N/A	188	N/A	N/A	12.2
69	T Clarke	206	145	61	240	128	112	-14.2
70	Gladedale Holdings	197	N/A	N/A	119	N/A	N/A	65.5
71	Osborne	196	N/A	N/A	135	N/A	N/A	45.2
72	Ringway	189	N/A	N/A	176	N/A	N/A	7.4
73	Rydon	184	N/A	N/A	163	N/A	N/A	12.7
74	Propencity	179	N/A	N/A	191	N/A	N/A	-6.3
75	Southern Electric Contracting	177	N/A	N/A	139	N/A	N/A	27.3
76	Ogilvie	163	N/A	N/A	124	N/A	N/A	31.5
77	Dean & Dyball	153	N/A	N/A	111	N/A	N/A	37.8
78	Haymills	151	N/A	N/A	138	N/A	N/A	9.4
79	Enterprise	151	N/A	N/A	152	N/A	N/A	-0.7
80	Clancy	145	N/A	N/A	133	N/A	N/A	9.0
81	Benson	143	N/A	N/A	125	N/A	N/A	14.4
82	Dew Pitchmastic	134	N/A	N/A	184	N/A	N/A	-27.2
83	AWG Construction Services	134	N/A	N/A	123	N/A	N/A	8.9
84	Fairclough Homes	128	N/A	N/A	211	N/A	N/A	-39.3
85	May Gurney	122	N/A	N/A	98	N/A	N/A	24.7
	Average pay	472			469			0.6
	% change since 1995							123
Notes
* Table rankings denote the highest-paid individual director within each company, not the average salary of key directors within each company

Top contractors and housebuilders by employees’ average pay
		Average salary 2003 £000	2002 £000	Change %
1	Berkeley Group	46.7	45.4	2.9
2	Benson	46.7	44.2	5.6
3	Linden	41.5	39.8	4.4
4	Bovis Lend Lease	41.3	40.0	3.3
5	Higgins	40.7	36.9	10.1
6	Byrne	40.4	44.5	-9.2
7	Styles & Wood	39.9	37.3	7.1
8	Crest Nicholson	37.5	31.5	18.9
9	Fitzpatrick	37.1	36.1	2.9
10	Fairview Holdings	36.8	33.0	11.6
11	Wates Group	36.3	34.3	5.8
12	John Sisk	36.3	35.9	1.1
13	Miller	35.2	32.1	9.5
14	Birse	34.1	33.0	3.4
15	T Clarke	33.0	32.4	1.9
16	Severfield-Rowen	32.9	32.5	1.2
17	Galliard Homes	32.7	34.4	-4.9
18	Edmund Nuttal	32.6	28.4	14.6
19	Bovis Homes	32.6	31.4	3.7
20	MJ Gleeson	32.2	30.3	6.3
21	Montpellier	31.7	28.6	10.9
22	Wimpey	31.6	29.2	8.4
23	Bowmer & Kirkland	31.5	27.4	15.1
24	McCarthy & Stone	31.2	27.9	12.0
25	Morgan Sindall	30.7	29.0	5.7
26	Osborne	30.1	28.3	6.1
27	Vinci	30.0	29.5	1.8
28	Stewart Milne	29.8	27.9	7.0
29	Westbury	29.8	28.6	4.1
30	Gladedale Holdings	29.7	23.6	25.6
31	David McLean	29.3	39.6	-26.0
32	Willmott Dixon	29.3	27.8	5.3
33	HBG Construction	29.2	27.5	6.1
34	Keller	29.1	28.4	2.5
35	Balfour Beatty	28.8	27.5	4.9
36	Countryside Properties	28.7	26.0	10.1
37	Galliford Try	28.5	27.8	2.5
38	Bellway	28.4	27.1	4.6
39	Dean & Dyball	28.3	26.7	6.2
40	Barhale Construction	28.3	28.5	-0.6
41	Tolent	28.1	26.8	5.0
42	McNicholas Construction	28.0	22.8	22.9
43	Lorne Stewart	27.7	24.9	11.4
44	Amec	27.7	31.9	-13.3
45	Redrow Group	27.6	25.6	7.9
46	Wilson Bowden	27.2	26.1	4.5
47	Barratt Developments	27.2	25.5	6.4
48	Persimmon	27.0	25.9	4.1
49	Midas	26.9	24.0	12.2
50	Peterhouse	26.9	24.5	9.9
51	Rok Property Solutions	26.8	24.4	10.1
52	Taylor Woodrow	26.7	26.7	0.3
53	PME	26.7	25.6	4.2
54	Jarvis	26.6	27.7	-3.9
55	Shepherd Building Group	26.3	24.1	9.1
56	Fairclough Homes	26.3	26.7	-1.6
57	Dew Pitchmastic	26.3	24.1	9.1
58	Morris Group	25.7	24.8	3.4
59	Keepmoat Holdings	25.5	22.5	13.2
60	Clancy	25.3	23.3	8.4
61	NG Bailey	24.8	23.6	4.9
62	Alfred McAlpine	24.7	24.3	1.5
63	Simons	24.3	24.7	-1.6
64	Rydon	24.1	24.7	-2.7
65	Haymills	24.1	21.0	14.5
66	Headcrown	23.9	24.4	-2.1
67	Ringway	23.8	22.0	8.1
68	Bloor Holdings	23.7	24.9	-4.7
69	AWG Construction Services	23.6	23.5	0.6
70	Laing O’Rourke	23.4	18.1	29.0
71	Biwater	23.4	19.2	21.8
72	Southern Electric Contracting	23.2	23.0	1.3
73	Enterprise	22.9	20.5	12.0
74	Interserve	22.9	22.9	-0.1
75	Ogilvie	22.9	21.8	5.0
76	May Gurney	22.4	22.4	-0.3
77	Kier	22.0	22.2	-1.0
78	Carillion	21.9	22.3	-1.6
79	Costain	21.6	19.0	13.2
80	Propencity	21.3	24.5	-13.2
81	Accord	20.9	19.1	9.4
82	Interior Services Group	20.0	19.6	2.5
83	Henry Boot	18.8	17.5	7.5
84	Connaught	17.8	16.4	8.2
85	Mowlem	15.9	15.6	2.0
	Average	28.6	27.4	4.7
	% change	4.7
	% change since 1995	54.9%
Notes
Average pay rates = salaries/wages divided by total number of employees

Top contractors and housebuilders by employees’ average pay
		Average salary 2003 £000	2002 £000	Change %
1	Berkeley Group	46.7	45.4	2.9
2	Benson	46.7	44.2	5.6
3	Linden	41.5	39.8	4.4
4	Bovis Lend Lease	41.3	40.0	3.3
5	Higgins	40.7	36.9	10.1
6	Byrne	40.4	44.5	-9.2
7	Styles & Wood	39.9	37.3	7.1
8	Crest Nicholson	37.5	31.5	18.9
9	Fitzpatrick	37.1	36.1	2.9
10	Fairview Holdings	36.8	33.0	11.6
11	Wates Group	36.3	34.3	5.8
12	John Sisk	36.3	35.9	1.1
13	Miller	35.2	32.1	9.5
14	Birse	34.1	33.0	3.4
15	T Clarke	33.0	32.4	1.9
16	Severfield-Rowen	32.9	32.5	1.2
17	Galliard Homes	32.7	34.4	-4.9
18	Edmund Nuttal	32.6	28.4	14.6
19	Bovis Homes	32.6	31.4	3.7
20	MJ Gleeson	32.2	30.3	6.3
21	Montpellier	31.7	28.6	10.9
22	Wimpey	31.6	29.2	8.4
23	Bowmer & Kirkland	31.5	27.4	15.1
24	McCarthy & Stone	31.2	27.9	12.0
25	Morgan Sindall	30.7	29.0	5.7
26	Osborne	30.1	28.3	6.1
27	Vinci	30.0	29.5	1.8
28	Stewart Milne	29.8	27.9	7.0
29	Westbury	29.8	28.6	4.1
30	Gladedale Holdings	29.7	23.6	25.6
31	David McLean	29.3	39.6	-26.0
32	Willmott Dixon	29.3	27.8	5.3
33	HBG Construction	29.2	27.5	6.1
34	Keller	29.1	28.4	2.5
35	Balfour Beatty	28.8	27.5	4.9
36	Countryside Properties	28.7	26.0	10.1
37	Galliford Try	28.5	27.8	2.5
38	Bellway	28.4	27.1	4.6
39	Dean & Dyball	28.3	26.7	6.2
40	Barhale Construction	28.3	28.5	-0.6
41	Tolent	28.1	26.8	5.0
42	McNicholas Construction	28.0	22.8	22.9
43	Lorne Stewart	27.7	24.9	11.4
44	Amec	27.7	31.9	-13.3
45	Redrow Group	27.6	25.6	7.9
46	Wilson Bowden	27.2	26.1	4.5
47	Barratt Developments	27.2	25.5	6.4
48	Persimmon	27.0	25.9	4.1
49	Midas	26.9	24.0	12.2
50	Peterhouse	26.9	24.5	9.9
51	Rok Property Solutions	26.8	24.4	10.1
52	Taylor Woodrow	26.7	26.7	0.3
53	PME	26.7	25.6	4.2
54	Jarvis	26.6	27.7	-3.9
55	Shepherd Building Group	26.3	24.1	9.1
56	Fairclough Homes	26.3	26.7	-1.6
57	Dew Pitchmastic	26.3	24.1	9.1
58	Morris Group	25.7	24.8	3.4
59	Keepmoat Holdings	25.5	22.5	13.2
60	Clancy	25.3	23.3	8.4
61	NG Bailey	24.8	23.6	4.9
62	Alfred McAlpine	24.7	24.3	1.5
63	Simons	24.3	24.7	-1.6
64	Rydon	24.1	24.7	-2.7
65	Haymills	24.1	21.0	14.5
66	Headcrown	23.9	24.4	-2.1
67	Ringway	23.8	22.0	8.1
68	Bloor Holdings	23.7	24.9	-4.7
69	AWG Construction Services	23.6	23.5	0.6
70	Laing O’Rourke	23.4	18.1	29.0
71	Biwater	23.4	19.2	21.8
72	Southern Electric Contracting	23.2	23.0	1.3
73	Enterprise	22.9	20.5	12.0
74	Interserve	22.9	22.9	-0.1
75	Ogilvie	22.9	21.8	5.0
76	May Gurney	22.4	22.4	-0.3
77	Kier	22.0	22.2	-1.0
78	Carillion	21.9	22.3	-1.6
79	Costain	21.6	19.0	13.2
80	Propencity	21.3	24.5	-13.2
81	Accord	20.9	19.1	9.4
82	Interior Services Group	20.0	19.6	2.5
83	Henry Boot	18.8	17.5	7.5
84	Connaught	17.8	16.4	8.2
85	Mowlem	15.9	15.6	2.0
	Average	28.6	27.4	4.7
	% change	4.7
	% change since 1995	54.9%
Notes
Average pay rates = salaries/wages divided by total number of employees