Leading modular space solutions provider McAvoy has reported a significant financial boost, with revenue surpassing £75 million and EBITDA rising to £9.3 million for the 2023/24 financial year.
The company, a key player in the UK and Ireland’s modular building sector, credits its impressive performance to strong growth within its rental division and a notable uptick in sales for its flexible space solutions.
Several high-profile projects have contributed to McAvoy’s success in the past year, including:
• Securing a major rental contract for a capacity expansion project with a multi-academy trust, set to support 1,600 pupils in South West England.
• The completion of Orsett Heath Academy in Essex, McAvoy's largest project to date, providing space for 1,200 students. The project was delivered for the Department for Education (DfE) through the Mod C framework.
• Appointment to the Defence Infrastructure Organisation's £2bn SLA programmatic approach framework, through a joint venture with Kier.
• Ongoing success in healthcare, including the delivery of a new mental health facility in Yorkshire, along with continued work for the Queen Elizabeth Hospital King’s Lynn NHS Foundation Trust.
These projects, along with others, have solidified McAvoy's position as a leading provider of both temporary and permanent modular buildings, with a focus on quality and innovation across education, defence, and healthcare sectors.
Construction News
17/02/2025
McAvoy Reports Strong Financial Growth In The UK & Ireland
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19/02/2025
GRAHAM has been awarded a significant contract by Surrey County Council (SCC) to deliver essential improvements to the A320 north of Woking, a key infrastructure project funded through Homes England’s Housing Infrastructure Fund.
The scheme, designed to enhance capacity and improve traffic flow on
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19/02/2025
Morgan Sindall Construction has celebrated a major milestone in the delivery of Horizons Academy, a state-of-the-art specialist educational needs (SEN) school in Mansfield, with a ceremonial signing event marking the completion of its timber frame structure.
Set to open in November, the £30 million
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19/02/2025
Persimmon Homes has submitted plans to St Helens Borough Council for the development of 220 new homes in the Garswood area of St. Helens.
The proposed scheme, designed in collaboration with planning and development consultancy Lichfields, aims to meet the diverse housing needs of the local communi
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19/02/2025
Bargate Homes has received a resolution to grant planning permission from New Forest District Council (NFDC) for a hybrid application to deliver up to 155 energy-efficient homes in the historic village of Hordle, Hampshire. The development, situated between the Solent Coast and the New Forest Nation
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19/02/2025
Vistry Group has announced its first collaboration with Placefirst for the construction of 139 homes at Redruth Road in Mansfield, Nottinghamshire.
Once built, the homes will be managed by Placefirst for long-term rent, with a focus on fostering community engagement and maintaining high constructi
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19/02/2025
The latest Health and Safety Executive (HSE) figures reveal that musculoskeletal disorders (MSDs) account for 32% of all work-related ill health cases, highlighting an urgent need for improved manual handling training and workplace safety measures.
With 543,000 workers now suffering from work-relat
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19/02/2025
Ground investigations have officially commenced on the site of the planned Garden Village in Handforth.
The surveys, which are expected to take around eight weeks, will include land and drainage surveys, as well as taking ground samples. The findings will play a crucial role in informing the prelim
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18/02/2025
Farrans Construction has began works on a major £30m water infrastructure project that will benefit over 300,000 people across Essex.
This is the second phase of the work included in the investment by Essex & Suffolk Water, which is upgrading its Layer Water Treatment Works (WTW) in Layer de la Hay
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18/02/2025
GMI Construction Group is making significant strides on the second Dakota Hotel being built in Manchester, located near Manchester Airport.
The base slabs have been completed and the reinforced concrete frame is already rising from the ground.
Scheduled to open in 2026, the 154-bedroom Dakota Man
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18/02/2025
A major milestone was reached at the Watford Riverwell regeneration project with the topping out of Block 10, a four-storey block of maisonettes featuring 12 affordable housing units.
This event marks the completion of the highest point of construction for the first phase of the Avenues residentia