Alun Griffiths returns to profit

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Alun Griffiths returns to profit

Alun Griffiths has returned to profit after its founder-led rescue. The civil engineering contractor has reduced turnover while rebuilding margins and its balance sheet.

IN Brief:

  • Alun Griffiths Contractors has returned to profit after an owner-led rescue and operational reset.
  • Turnover fell by nearly a third as the civil engineering contractor reduced activity to rebuild margins.
  • The company moved from net liabilities to net assets after debt waivers and non-repayable support.

Alun Griffiths Contractors has returned to profit a year after founder Alun Griffiths bought back the business and reset its operations.

The civil engineering contractor reported an operating profit of £7.2m in 2025, compared with a £38m loss the previous year. Pre-tax profit recovered to £3.9m from a £44m loss, while turnover fell by nearly a third to £140m as the company deliberately reduced activity to rebuild margins.

The turnaround followed the May 2025 acquisition of the business from CRH by Grosmont Ventures, controlled by the Abergavenny-based contractor’s founder. The company received £216m of financial support through debt waivers and non-repayable support arrangements, moving from net liabilities of £218m to net assets of £2.3m. Headcount was reduced from 731 to 570 as the business refocused on lower-risk work.

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    Alun Griffiths returns to profit

    Alun Griffiths has returned to profit after its founder-led rescue. The civil engineering contractor has reduced turnover while rebuilding margins and its balance sheet.