{"id":35498,"date":"2026-05-21T18:54:20","date_gmt":"2026-05-22T01:54:20","guid":{"rendered":"https:\/\/essential.construction\/news\/rydon-losses-deepen-as-remediation-spend-hits-31m\/"},"modified":"2026-05-21T18:54:20","modified_gmt":"2026-05-22T01:54:20","slug":"rydon-losses-deepen-as-remediation-spend-hits-31m","status":"publish","type":"post","link":"https:\/\/essential.construction\/news\/rydon-losses-deepen-as-remediation-spend-hits-31m\/","title":{"rendered":"Rydon losses deepen as remediation spend hits \u00a331m"},"content":{"rendered":"<p> [ad_1]<br \/>\n<\/p>\n<div id=\"post-508416\">\n\t<!-- .entry-header --><\/p>\n<div class=\"entry-content\">\n<p>Latest accounts for the Dartford-based group show losses widened sharply in the year to 30 September 2025 from \u00a31.0m last time as turnover also fell 14% to \u00a352m from \u00a361m.<\/p>\n<p>Revenue has fallen sharply since pre-Grenfell disaster levels that stood around \u00a3250m for the group.<\/p>\n<p>Rydon said its maintenance arm continued to deliver housing and healthcare work under long-term contracts, giving the business a measure of certainty despite rising price pressure.<\/p>\n<p>But the group\u2019s construction arm remained focused on meeting its obligations under the Government\u2019s Responsible Actors Scheme.<\/p>\n<p>Rydon said it has now spent \u00a331m on building safety liability costs and was well advanced with the programme.<\/p>\n<p>The group\u2019s balance sheet tightened during the year, with shareholders\u2019 funds falling to \u00a30.5m from \u00a34.5m.<\/p>\n<p>Cash dropped to \u00a30.9m from \u00a33.3m, while total assets less current liabilities fell to \u00a315m from \u00a327m.<\/p>\n<p>Forward workload at Rydon Maintenance also reduced to \u00a3156m from \u00a3190m.<\/p>\n<\/p><\/div>\n<p><!-- .entry-content --><\/p>\n<footer class=\"entry-meta\">\n<div class=\"author-info\">\n<div class=\"sleeve\">\n<div class=\"author-avatar\">\n<div class=\"sleeve\">\n\t\t<img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/www.constructionenquirer.com\/wp-content\/uploads\/userphoto\/2.jpg\" alt=\"Aaron Morby\" width=\"150\" height=\"150\" class=\"photo\">\t\t<\/div>\n<\/p><\/div>\n<\/p><\/div>\n<\/div>\n<p><!-- .author-info -->\t\t\t<\/footer>\n<\/div>\n<p>[ad_2]<br \/>\n<br \/><a href=\"https:\/\/www.constructionenquirer.com\/2026\/05\/21\/rydon-losses-deepen-as-remediation-spend-hits-31m\/\" rel=\"nofollow noopener\" target=\"_blank\">This article was originally posted at Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>[ad_1] Latest accounts for the Dartford-based group show losses widened sharply in the year to 30 September 2025 from \u00a31.0m &#8230; <a title=\"Rydon losses deepen as remediation spend hits \u00a331m\" class=\"read-more\" href=\"https:\/\/essential.construction\/news\/rydon-losses-deepen-as-remediation-spend-hits-31m\/\" aria-label=\"Read more about Rydon losses deepen as remediation spend hits \u00a331m\">Read more<\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1089],"tags":[],"class_list":["post-35498","post","type-post","status-publish","format-standard","hentry","category-construction-enquirer","generate-columns","tablet-grid-50","mobile-grid-100","grid-parent","grid-33"],"_links":{"self":[{"href":"https:\/\/essential.construction\/news\/wp-json\/wp\/v2\/posts\/35498","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/essential.construction\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/essential.construction\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/essential.construction\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/essential.construction\/news\/wp-json\/wp\/v2\/comments?post=35498"}],"version-history":[{"count":0,"href":"https:\/\/essential.construction\/news\/wp-json\/wp\/v2\/posts\/35498\/revisions"}],"wp:attachment":[{"href":"https:\/\/essential.construction\/news\/wp-json\/wp\/v2\/media?parent=35498"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/essential.construction\/news\/wp-json\/wp\/v2\/categories?post=35498"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/essential.construction\/news\/wp-json\/wp\/v2\/tags?post=35498"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}