Henmead posts increased turnover of £298.5m in audited results, demonstrating financial stability for Lancashire contractor Eric Wright Group.
Henmead, the parent entity of the Eric Wright Group, has reported a rise in both annual revenue and overall profit in its latest audited financial statements for the year ending 31 December 2025. The Lancashire-headquartered firm recorded a turnover of £298.5 million, representing a 2.3 per cent increase year-on-year. The results consolidate the business's position within the top tier of UK regional contractors.
The firm's steady top-line growth indicates resilience in commercial, civil engineering, and public sector construction across the North West. In an environment where several tier-one and tier-two contractors have faced margin compression and insolvencies, audited financial health among regional main contractors provides crucial stability for sub-contractors and tier-three suppliers relying on dependable payment cycles.
What does this mean for a UK tradesperson or DIYer actually buying this kit — does it change what they should pay, buy, or watch out for?
While main contractor financial results do not directly influence the shelf price of power tools or raw building materials at Travis Perkins or Wickes, they provide a strong indicator of credit stability in the regional supply chain. Sub-contractors tendering for Eric Wright Group packages can take confidence from the parent company's steady balance sheet, reducing exposure to non-payment risks. Independent tradespeople securing commercial work should remain mindful that stable main contractors usually maintain rigorous vetting processes regarding health and safety equipment, liability insurance, and trade credentials.
Reported by Construction News — original article
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