For the year ended 30 September 2025, GMI Construction Group maintained stable turnover of 拢233.0m (2024: 拢232.3m), but with healthier margins.
Gross profit increased to 拢11.3m (2024: 拢7.7m), with gross margin rising to 4.8% (2024: 3.3%).
Profit before tax more than doubled to 拢2.31m (2024: 拢1.04m).
Cash at bank strengthened to 拢22.5m (2024: 拢19.3m).
During the year, GMI completed more than 880,000 sq ft of industrial and logistics space, alongside major commercial and mixed-use developments, including a flagship 267,000 sq ft office scheme in Manchester, called Circle Square.
In the multi-room sector, GMI completed the Dakota Hotel in Newcastle and the Hyatt Hotel at Sovereign Square in Leeds, and has ongoing purpose-built student accommodation (PBSA) developments in Bristol, York and Manchester.
The company also expanded its public sector footprint, with framework-delivered projects now accounting for 13% of turnover, up from just 4% the previous year, providing increased visibility and stability within the forward pipeline.
Group managing director Gareth Jones said: 鈥淎gainst a backdrop of continued market volatility, this has been a year where our commitment to high standards of delivery has continued to prove successful. Our focus on disciplined project selection, operational excellence and predictable outcomes has translated directly into improved margins, stronger profitability and a further strengthening of our balance sheet.
鈥淭he results reflect the commitment and capability of our people, who continue to deliver complex projects safely, on time and to a consistently high standard for our clients.鈥�
He added: Our focus remains on disciplined, sustainable growth, underpinned by our exceptional delivery philosophy, a robust balance sheet and a high-quality forward order book. That positions GMI well as confidence begins to return to the market and opportunities start to accelerate.鈥�
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