Bottom line hit but revenue up to £650m

The firm building a £120m training complex for Leicester City said pre-tax profit slipped 11% last year to £3.3m.

McLaren is due to finish the scheme for the high-flying Foxes later this year and is hoping to land another high-profile sports job this spring – the £72m job to build the centrepiece athletics stadium for the Commonwealth Games in Birmingham in 2022.

jamie vardy

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Leicester City striker Jamie Vardy will be training at a McLaren-built complex later this year

But in accounts now filed at Companies House the firm said profit was down in the year to July 2019, with operating profit falling a quarter to £3.6m. Turnover was up from £586m to £651m.

The firm, which completed work on AHMM’s scheme to turn the former Guardian building on London’s Farringdon Road into a new office for social media firm LinkedIn during the period, said it was targeting more public sector work through national and regional frameworks.

McLaren, which is also building a new London headquarters for Currie & Brown owner Dar at 150 Holborn, said it had achieved BIM Level 2 accreditation during 2019.