The mum or dad firm of the Stanmore model, which contains a number of cladding and structural metal companies, has forecast its future turnover to be affected by bottlenecks with Constructing Security Regulator (BSR) gateway two approvals.
“Wanting past 31 March 2026, the administrators anticipate a discount within the variety of websites accessible as a result of BSR delays which can impact the group’s turnover for the yr to 31 March 2027,” Akaal Group stated in its newest annual accounts.
The group – ranked 87th within the CN100 2025 desk of prime contractors – recorded a flat turnover of £192.2m for the yr ending 31 March 2025, down £5.7m from the earlier yr.
Akaal estimates its turnover to be comparable within the subsequent 12 months.
Nevertheless, its pre-tax revenue continued to indicate a gentle improve at £25.9m, up from £18.2m a yr earlier and nearly 4 occasions increased than the £6.9m it recorded in 2023.
The group of firms continued to generate the majority of its income from full‑facade packages, together with cladding remediation in higher-risk buildings, which is presently considered one of Stanmore’s principal workstreams.
Stanmore launched an in-house design, procurement and building service in Could 2025 to sort out approval delays within the new constructing security regime. The launch coincided with the BSR requiring builders to start tendering, contractor engagement, and detailed contractor designs (RIBA Stage 5) forward of BSR gateway two submission, alongside submitting technical designs (RIBA Stage 4).
Akaal’s monetary outcomes additionally famous that it had “its share of Grenfell-affected websites from the previous and has been coping with them proactively within the pursuits of all concerned”. It didn’t specify which initiatives had been impacted.
The group had 258 staff in 2025, 22 greater than the earlier yr, and whole salaries amounted to £17m, £2.5m greater than in 2024.
Dividends paid to shareholders amounted to £1m and the group had £15.3m money at financial institution. Throughout the reported interval, Akaal waived a mortgage owed from an unspecified unconnected firm.
It had short-term repayable financial institution loans or overdrafts value £17,730, down from £560,217 the yr earlier than.
Loans and overdrafts repayable after greater than 12 months decreased from £1.9m to £1.6m.
Akaal was awarded the Quick Payer Award in 2025, a recognition given to firms which have constantly paid their suppliers, on common, in 27 days or much less and paid 95 per cent or extra of their invoices on time.
