RG Carter turnover falls 14% as workforce shrinks
Summary
RG Carter reported lower turnover and profit for the year to 31 December 2025, citing delays to projects starting on site and a reduced workforce. Despite the weaker trading performance, the company said its order book is stronger for 2026 and its cash position and net assets improved over the year.
Why it matters
The article highlights ongoing delivery, labour and cost pressures in the construction sector that can affect project timing and contractor capacity. It also notes Building Safety Act and fire-safety regulatory challenges, which are directly relevant to surveyors assessing project risk and compliance.
Key points
- Turnover fell 14% to £215m and pre-tax profit declined to £10.5m.
- Group headcount reduced by 49 during the year.
- Cash at bank increased to £79.9m and net assets rose to £85.9m.
- The company expects turnover to improve in 2026 due to a stronger order book.
- Building Safety Act requirements and fire-safety regulation were identified as ongoing challenges.
Organisations:
RG Carter, RG Carter Holdings, Aviva
Regulations:
Building Safety Act
Locations:
Norwich
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