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CN100 countdown: Wates

Next week marks the publication of the 2016 CN100, our annual analysis of the state of the industry that ranks the top 100 contractors by turnover. We continue our countdown to this year’s edition with a look back at how 2015’s top 30 contractors have performed in previous CN100s.

Wates recovered some ground among the top 100 contractors by turnover in last year’s CN100, having dropped six places in the 2014 league.

Turnover once again pushed towards the £1bn barrier as per 2015’s entry after a 23 per cent fall between the 2013 and 2014 CN100s.

Pre-tax profit at Wates appeared to bottom out in last year’s rankings following steady falls in previous tables.

Margins dipped once again in 2015’s CN100 but remained just above the top 100 contractor average.

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