Knight Harwood lifts margin to 4.9% as profit hits £6.5m

Aaron Morby 2 months ago
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High-end London builder Knight Harwood has boosted operating margins as pre-tax profit climbed to £8.6m on revenue of £140m.

(L-r) Former ISG directors John Knight and Ian Harwood founded Knight Harwood in 2005
(L-r) Former ISG directors John Knight and Ian Harwood founded Knight Harwood in 2005

The contractor saw turnover dip from £157m in 2023, but sharper project delivery and careful cost control lifted margins from 3.2% to 4.9%, reinforcing the group’s resilient model.

Knight Harwood rejigged its leadership last year, with John Knight becoming chairman, Oliver Driscoll stepping up to managing director, and Charlie Everett promoted to finance director.

Former ISG directors John Knight and Ian Harwood founded Knight Harwood in 2005.

Staff numbers held steady at 140 throughout the year with major schemes for Chanel’s 100,000 sq ft Mayfair HQ, high-end flats for Derwent London and Native Land, and luxury homes in the Chilterns.

Looking ahead, Knight Harwood has secured £140m of turnover for 2025 with a healthy pipeline developing into 2026.

Live and upcoming projects include the Hurlingham Club refurb, new works at the All-England Lawn Tennis Club to upgrade the Court 1 members bar, and tenders with the Royal Academy of Arts and Grosvenor Estates.

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