Tide sees pre-tax profit drop by almost a third amid sector ‘challenges’

Tide Construction has seen its pre-tax profit plunge by almost a third, according to its latest accounts. It is the second year running the London-based company, which specialises in building high-density residential schemes using modular methods, has reported a drop. In its accounts for the… The post Tide sees pre-tax profit drop by almost a third amid sector ‘challenges’ appeared first on Construction News.

Funding deal for £237m Tide Construction student tower

48-storey project will be first major student scheme on Canary Wharf

Tide profit ebbs despite revenue boost

Tide Construction has reported a fall in pre-tax profit despite an 11 per cent jump in revenue.  The London-based company, which specialises in building high-density residential schemes using modular methods, has reported a pre-tax profit of £7.1m for the year ending 31 August 2023 -… The post Tide profit ebbs despite revenue boost appeared first on Construction News.

Tidy dividend for Tide owner

Modular builder Tide Construction Ltd has paid out a £23m dividend to owner John Fleming, its latest accounts reveal.

Tide posts steady results

London-based modular builder/developer Tide Construction Ltd has posted annual results showing modest growth in both turnover and pre-tax profit.

Building Magazine - Why are we struggling to make modular work, 02082022

If modular construction can save so much carbon, then surely, one way or another, it needs to succeed? But this year has seen a succession of rms go to the wall and doubts persist among many more traditional builders. Tom Lowe (of Building Magazine) looks at the issues involved and talks to those who are determined to see it succeed