TURNER & TOWNSEND HOLDINGS LIMITED
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Cash
£131M
Latest balance sheet
Net assets
£318M
highest in 3 filed years
Employees
12,623
highest in 3 filed years
Profit before tax
£141M
Period ending 2024-12-31
Net assets
3-year trend · vs Industrials median
Accounts
3-year trend · Δ = latest vs prior filed period · latest reflected 2024-12-31
| Metric | Trend | 2023-04-30 | 2024-04-30 | 2024-12-31 | Δ vs prior |
|---|---|---|---|---|---|
| Turnover | £1,225,169,000 | £1,531,520,000 | £1,148,976,000 | — | |
| Operating profit | £139,359,000 | £198,469,000 | £141,396,000 | — | |
| Profit before tax | £137,815,000 | £200,331,000 | £141,217,000 | — | |
| Net profit | £107,117,000 | £150,333,000 | £104,382,000 | — | |
| Cash | £136,803,000 | £128,406,000 | £130,790,000 | — | |
| Total assets less current liabilities | £283,316,000 | £349,154,000 | £378,365,000 | — | |
| Net assets | £254,312,000 | £291,146,000 | £318,393,000 | — | |
| Equity | £254,312,000 | £291,146,000 | £318,393,000 | — | |
| Average employees | 9,316 | 11,438 | 12,623 | — | |
| Wages | £702,276,000 | £819,897,000 | £624,566,000 | — | |
| 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 8 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 | 2024-12-31 |
|---|---|---|---|---|
| Operating margin | 11.4% | 13.0% | 12.3% | |
| Net margin | 8.7% | 9.8% | 9.1% | |
| Return on capital employed | 49.2% | 56.8% | 37.4% | |
| Gearing (liabilities / total assets) | 57.5% | 58.3% | 57.3% | |
| Current ratio | 1.46x | 1.37x | 1.39x | |
| Interest cover | 56.70x | 60.09x | 50.73x |
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
- UK-adopted 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%
- JUM-BO Consulting Group ApS 70%
- Turner & Townsend Pty Limited 100%
- Turner & Townsend Consultoria Limitada 100%
Significant events
- “On 24 June 2024, the Company's ultimate parent undertaking, CBRE Group Inc. announced plans to combine their project management business with the Turner & Townsend Group. The transaction completed on 1 January 2025, with CBRE increasing their ownership to 70% of the Company, with Turner & Townsend Partners LLP holding the remaining share.”
- “On 3 May 2024 (completion date), Turner & Townsend UK Limited and Turner & Townsend Inc. entered into a Sale and Purchase Agreement ('SPA') with the owners of On The Mark Limited and On The Mark Inc. to acquire 100% of their ownership interests.”
- “On 7 June 2024 (completion date), Turner & Townsend International Limited entered into an SPA with the owners of JUM-BO Consulting Group ApS to acquire 70% of the ownership interest in the JUM-BO Group.”
- “On the 4 December 2024 (Completion Date), Turner & Townsend Pty Ltd (T&T) entered into an SPA with the shareholders of Capisce QS Pty Ltd (Capisce) to acquire 100% of the share capital of Capisce.”
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 62 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 | |
|---|---|---|---|---|
| 2026-04-02 | 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 | |
| 2024-01-16 | AA | accounts | Accounts with accounts type group | |
| 2023-11-07 | AP01 | officers | Appoint person director company with name date |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 6
- 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.