Errigal Contracts, the fit-out arm of Monaghan-headquartered Errigal Group, lifted 2025 revenue by 4 per cent to £138 million and pre-tax profit by 12 per cent to £9.2 million. The result shows an Irish-headquartered fit-out group widening profit on a UK-led order book while its cash headroom tightened.

Those figures compare with revenue of £132.6 million and pre-tax profit of £8.3 million a year earlier. Cash at hand fell from £11 million at the end of 2024 to £4.4 million, and bank overdrafts stood at £8.1 million at the year end.

Group-wide UK income climbed 39 per cent to £116.8 million, while revenue from the rest of Europe fell 56 per cent to £21.2 million. Average monthly headcount dropped from 351 to 322, yet the annual wage bill rose 13 per cent from £17.2 million to £19.4 million.

Errigal Group is headquartered in Monaghan with offices in Antrim and London, and employs more than 1,800 people across four divisions. Alongside Errigal Contracts, the group includes Errigal Facades, Errigal Technologies, which focuses on data centres, and Errigal Sustainable Solutions, a main contractor. The operating company is registered in South London under company number 04038368.

The company paid dividends of £85,849 in 2025, having paid none in the prior year.

The structural driver is geographic rebalancing, with revenue concentrating in the UK as European income contracted, a shift that coincided with a lower headcount and higher profit.

Errigal Contracts was among 25 contractors appointed last year to a £300 million building remediation framework for Guinness Partnership. Errigal Sustainable Solutions, launched last year to deliver mixed-tenure new-build homes and building safety remediation, has since been named among 20 contractors on a Metropolitan Housing Trust framework worth up to £807 million.

Directors said they were "satisfied with the group's performance", adding: "The emphasis going forward continues to be on securing turnover that will result in sustainable profitability and cashflow."

For the sector, the accounts show a fit-out contractor protecting margin through a UK-weighted pipeline while working capital becomes the pressure point.

Source: Construction News / Northern Ireland Chamber