BW Workplace Experts secures second place in Construction News top 10 Fit Out contractors list
11th December 2024
We are thrilled to announce that BW Workplace Experts has been recognised as the second top fit-out contractor in the UK in the inaugural Construction News Fit-Out Index. This prestigious ranking highlights our growth, resilience, and commitment to excellence within a dynamic and challenging industry.
Outstanding growth and performance
BW achieved a remarkable 49% increase in turnover, reaching £216.3 million in the most recent financial year. Despite significant growth, we maintained profitability, posting a pre-tax profit of £2.2 million and improving our pre-tax margin to 1.0% compared to 0.1% in the previous year.
This accomplishment reflects our dedication to delivering high-quality Fit Out projects while navigating the complexities of today’s market. Our financial performance has been bolstered by an increasing number of frameworks, which have strengthened our position in the industry. This approach has allowed us to take on more ambitious projects, further cementing our reputation as a leader in fit-out and refurbishment.
Driving industry trends
The Construction News article highlights the shifting demands in the Fit Out sector, focusing on refurbishing office spaces to meet evolving tenant expectations. As businesses strive to return employees to the workplace, there is a growing emphasis on creating Grade A office environments with premium features.
Sustainability is also reshaping the Fit Out industry, driving innovation and encouraging modular construction approaches. BW remains committed to integrating sustainable practices into our projects, ensuring we contribute to a greener future while delivering exceptional results.
Earlier this year, BW launched the ‘Let’s Go to Work’ whitepaper, which explores workplace environments in a hybrid world. This comprehensive report offers valuable insights into creating flexible and sustainable office spaces that meet the evolving needs of businesses and employees. Download the report here.
Looking ahead
2025 marks an exciting milestone for BW as we celebrate our 25th anniversary. With a bold target of achieving a £250 million turnover, we are poised to continue leading the way in the Fit Out industry. This ambition reflects our confidence in our team, strategy, and commitment to delivering exceptional value to our clients. We look forward to what the future holds for our industry.