INSIGHTS - OCTOBER 2024

UK Construction Services Industry

UK Construction Services Industry Information

The specialised construction industry includes specialised trades such as pile-driving, foundation work, carcass work, concrete work, brick laying, stone setting, scaffolding, roof covering, building finishing and completion activities.

Active Businesses

245,056

Annual Sales

£160bn +

Employees

938,114

Economic Contribution 

£44bn

Tags

Location of Construction Services Companies

Construction Services Companies by Size

82% Micro

16% Small

2% Mid

0% Large

0% Mega

Largest Construction Services Companies
Turnover
Construction Services Companies by Age

30% Young

27% Established

27% Startup

13% Mature

3% New

Fastest Growing Construction Services Companies

36% Declining

21% Healthy

18% Rapid

16% High

9% Low

Construction Services Industry Competitive Environment - New Entrants vs Leavers

Construction Services Industry Valuation

EBITDA Multiple

Data only available to Pomanda Pro subscribers.

Construction Services Industry Valuation

Turnover Multiple

Data only available to Pomanda Pro subscribers.

Construction Services Industry Valuation

Net Asset Multiple

Data only available to Pomanda Pro subscribers.

Note - from March 2020 multiples are calculated monthly, prior to this they were calculated on an annual basis.
UK Specialised construction activities Industry Insights

There are 245,056 active Businesses in the UK with combined annual sales of £160 billion .

The Industry employs around 938,113 people and contributes £44 billion to the economy.

The most popular location for Construction Services companies is London with 48,101 and the fewest are located in Northern Ireland with 3,932.

The largest Construction Services company is Balfour Beatty Group Limited with a turnover of £4.1bn. 82% of the industry is comprised of Micro companies with only 2% Mid companies.

13% of the Construction Services Industry is made up of 13% Mature but the majority are Young businesses (30%) the oldest company is Campbell Smith & Company Limited founded in 1896.

Construction Services industry has a number of high growth companies (16%), the fastest growing company is Baywa R.e. Uk Limited with a 3 year growth rate of 200%. Other fast growing companies include Newwaves Solutions Limited (132%), Myco Contracts Limited (126%) and Mcdermott Marine Construction Limited (108%).

The UK Construction Services Industry’s valuation has been improving over the past 3 years with a current EBITDA multiple of 9.61x, Turnover multiple of 0.98x and a Net Asset multiple of 2.36x.