TURNER & TOWNSEND HOLDINGS LIMITED
Operating as a subsidiary of the US-based real estate firm CBRE Group, the company acts as a holding entity for a multinational professional services firm specialising in project and cost management across the property, infrastructure, and natural resources sectors.
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Cash
£128m
Latest balance sheet
Net assets
£291m
Equity attributable
Employees
11,438
Average over period
Profit before tax
£200m
Period ending 2024-04-30
Net assets
2-year trend · vs Industrials median
Accounts
2-year trend · Δ = latest vs prior filed period · latest reflected 2025-12-31
| Metric | Trend | 2023-04-30 | 2024-04-30 | Δ vs prior |
|---|---|---|---|---|
| Turnover | £1,225,169,000 | £1,531,520,000 | — | |
| Operating profit | £139,359,000 | £198,469,000 | — | |
| Profit before tax | £137,815,000 | £200,331,000 | — | |
| Net profit | £107,117,000 | £150,333,000 | — | |
| Cash | £136,803,000 | £128,406,000 | — | |
| Total assets less current liabilities | £283,316,000 | £349,154,000 | — | |
| Net assets | £254,312,000 | £291,146,000 | — | |
| Equity | £254,312,000 | £291,146,000 | — | |
| Average employees | 9,316 | 11,438 | — | |
| Wages | £702,276,000 | £819,897,000 | — | |
| Directors' remuneration | £1,271,983 | £1,332,192 | — |
Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. The Δ column is the change from the prior filed period as a percentage of |prior|; lines a company doesn't report show —. Year-on-year comparison hidden: this filing covers about 12 months versus 12 months prior. About these numbers
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2023-04-30 | 2024-04-30 |
|---|---|---|---|
| Operating margin | 11.4% | 13.0% | |
| Net margin | 8.7% | 9.8% | |
| Return on capital employed | 49.2% | 56.8% | |
| Gearing (liabilities / total assets) | 57.5% | 58.3% | |
| Current ratio | 1.46x | 1.37x | |
| Interest cover | 56.70x | 60.09x |
Margins divide P&L lines by turnover. Gearing is liabilities over total assets. Current ratio is current assets over creditors falling due within one year. Interest cover is operating profit over absolute finance costs. Sector-distribution context coming next.
Audit & accounting basis
- Accounting basis
- IFRS
- Reporting scope
- Consolidated group
- Auditor
- KPMG LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“The directors have prepared the financial statements on the going concern basis as they do not intend to liquidate the Group or the Company or to cease their operations, and as they have concluded that the Group and the Company's financial position means that this is realistic. They have also concluded that there are no material uncertainties that could have cast significant doubt over their ability to continue as a going concern for at least a year from the date of approval of the financial statements ("the going concern period").”
Group structure
- TURNER & TOWNSEND HOLDINGS LIMITED · parent
- Turner & Townsend Inc 100%
- Turner & Townsend PJM Holdings Limited 100%
- Turner & Townsend AMCL Inc 100%
- Turner & Townsend Limited 100%
- JUM-BO Consulting Group UK Ltd 70%
- AMCL Pty Limited 96.6%
- Turner & Townsend Pty Limited 100%
Significant events
- “Subsequent to the reporting date, and prior to the authorisation of these financial statements, the Group secured a new multi-currency revolving loan facility of £300,000,000 with the ultimate parent company (CBRE). The facility was entered into at the end of January 2026.”
- “On 1 January 2026, the Company's ultimate parent undertaking, CBRE Group Inc. announced the creation of Critical Infrastructure Services as a new segment, combining several sectors including Data Center Solutions (DCS). The Group will contribute their DCS assets obtained as part of the 2025 transaction to the new sector in return for a 20% profit share of the newly combined service line.”
- “On 1 April 2026, the Company acquired 100% of the share capital of Proficia Management Propietary Limited and Proficia NWA Ltd as part of expansion of CBRE's development management, major projects and Principal Contracting Model delivery across Africa. Consideration of USD $6,000,000 was paid in cash at completion and USD $500,000 of deferred consideration is to be paid on the third anniversary of completion.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
7 active · 9 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| CLANCY, Vincent Patrick | Director | 2015-09-17 | Aug 1964 | British |
| GIAMARTINO, Emma Elizabeth | Director | 2024-02-01 | Mar 1983 | American |
| KOHLI, Vikram | Director | 2024-02-01 | Mar 1980 | Indian |
| OODIT, Anooj | Director | 2025-11-10 | Sep 1976 | Australian |
| PEERS, Richard William | Director | 2023-11-01 | Aug 1974 | British |
| SULENTIC, Robert E | Director | 2021-11-01 | Sep 1956 | American |
| WHYSALL, David Scott | Director | 2026-04-01 | Apr 1982 | British |
Show 9 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| DAND, James | Director | 2017-05-01 | 2026-04-01 |
| DHANDAPANI, Chandra | Director | 2021-11-01 | 2024-02-01 |
| DURBURG, John E | Director | 2021-11-01 | 2022-07-18 |
| HARRISON, Thomas Niall Ledlie | Director | 2016-05-01 | 2017-05-01 |
| KIRK, James Christopher | Director | 2022-07-18 | 2024-02-01 |
| LATHOM-SHARP, Martin Stephen Jeremy | Director | 2015-09-17 | 2023-11-01 |
| MOORE, Patricia | Director | 2018-05-01 | 2021-11-01 |
| ROWDEN, Andrew Murray | Director | 2016-05-01 | 2021-11-01 |
| WHITE, Jonathan Colin Michael | Director | 2016-05-01 | 2018-04-30 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Cbre Titan Acquisition Co. Limited | Corporate entity | Shares 50–75%, Voting 50–75%, Appoints directors | 2021-11-01 | Active |
| Turner & Townsend Partners Llp | Corporate entity | Shares 25–50%, Voting 25–50%, Appoints directors | 2016-04-06 | Active |
Filing timeline
Last 20 of 64 total filings
Material constitutional events — rename, articles re-file, resolution
- 2025-01-14 RESOLUTIONS Resolution
- 2024-11-19 MA Memorandum articles
- 2024-11-19 RESOLUTIONS Resolution
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-07-14 | AA | accounts | Accounts with accounts type group | |
| 2026-06-05 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2026-04-02 | TM01 | officers | Termination director company with name termination date | |
| 2026-04-02 | AP01 | officers | Appoint person director company with name date | |
| 2025-11-12 | AP01 | officers | Appoint person director company with name date | |
| 2025-09-25 | AA | accounts | Accounts with accounts type group | |
| 2025-09-19 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2025-07-01 | SH08 | capital | Capital name of class of shares | |
| 2025-03-11 | SH01 | capital | Capital allotment shares | |
| 2025-01-14 | RESOLUTIONS | resolution | Resolution | |
| 2024-11-19 | MA | incorporation | Memorandum articles | |
| 2024-11-19 | RESOLUTIONS | resolution | Resolution | |
| 2024-11-14 | SH08 | capital | Capital name of class of shares | |
| 2024-11-05 | AA01 | accounts | Change account reference date company current shortened | |
| 2024-10-22 | AA | accounts | Accounts with accounts type group | |
| 2024-09-16 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-02-22 | AP01 | officers | Appoint person director company with name date | |
| 2024-02-22 | AP01 | officers | Appoint person director company with name date | |
| 2024-02-22 | TM01 | officers | Termination director company with name termination date | |
| 2024-02-22 | TM01 | officers | Termination director company with name termination date |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 7
- Capital events
- 3
- Officers appointed
- 2
- Officers resigned
- 1
last 12 months
last 24 months
last 12 months
last 12 months
Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.