Firm says it expects revenue to be up this year
Regional contractor RG Carter said delays to jobs starting on site sent revenue down 14% last year.
Latest accounts filed at Companies House by the Norwich-based firm show revenue slipped to £215m from £249m last time. Pre-tax profit also fell 14% to £10.5m.
It said: “Turnover was less than anticipated in 2025 primarily due to delays in projects starting on site. With a significantly stronger order book for 2026, the Group expects a return to an increased level of turnover.”
Construction is its biggest part of the business, which has been going for 105 years, with revenue of £194m, down from £225m last time. Pre-tax profit at the division fell 5% to £8.7m.
Revenue from its manufacturing division fell 16% but pre-tax profit edged up £100,000 to £1.6m.
The firm also said it had completed the transfer of its defined benefit pension scheme to Aviva following a £17m cost to the business.
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