Turnover up 12% at specialist contractor Erith

Specialist and civils contractor Erith Holdings saw double digit growth but a small drop in profit due to “a fluctuating economic climate” and an “increasingly competitive market.

The Kent-based firm, which carries out demolition and civil engineering work, saw turnover up £285m for the year to September 2025. Pre-tax profit was down by £0.4m to £8m for the period.

The easing in margins was down to “a combination of factors, including an increasingly competitive market, stabilisation of costs and a fluctuating economic outlook” the firm said.

Erith said its growth was down to changing economic conditions and the type and combination of work carried out by the group. Recent wins by the firm include being appointed piling and concrete contractor last year on a scheme, designed by KPF, to turn a 1990s building on Old Street roundabout in London into a 35-storey office tower.

The firm last year paid the remaining amount of its £17.6m fine for bid-rigging imposed in 2023 ago by the Competition and Markets Authority (CMA). This was paid two and a half years ahead of the deadline of 2027.