- Turnover: £201m
- Profit after Tax: £5.7m
- Net assets: £20.8m
We understand that in these unusual times, balance sheets are scrutinised like never before. BW is a privately run company, rated by the 2 main credit agencies, Dunn & Bradstreet and Equifax, as the 2nd most financially robust company within our sector, backed up with assets of £21,000,000.
In 2019, BW grew to its largest turnover increasing by 11.3% in the year. This was primarily due to the continued success of our Defect Free philosophy, which sits at the heart of everything we do and helps differentiate from others in our sector.
2019 was a year of investment, we developed internal structures to create a sustainable platform for the continued success of the business, and the results for the year are in line with our expectations.
BW has continued to make good progress in a more challenging market, where the Brexit backdrop had an effect on the decision making and timing of several projects.
The geographic spread of our turnover continues to be generated from the South East of England, within the commercial office sector and education sectors and is split as follows:
- Generated within London postcodes: – £154m (2018: £136m)
- Generated outside London postcodes: – £46m (2018: £45m)
Thank you to all of our employees, clients, consultants and subcontractors for a great year and we look forward to working with you on projects in the future.
If you would like to discuss the above or an upcoming project with one of our experts, please get in touch.