FM Conway

Last updated

FM Conway
Type Private
Industry Civil engineering
Founded1961
Headquarters Sevenoaks, Kent, England, UK
Key people
Joanne Conway, chairman and chief executive [1]
Revenue£535 million (FY to March 2023) [2]
Website FMConway.co.uk

FM Conway is a UK-based family-run civil engineering contractor specialising in highways and other infrastructure work.

Contents

History

FM Conway's surfacing division working on London Bridge FM Conway on London Bridge.jpg
FM Conway's surfacing division working on London Bridge

Founded in 1961 by Francis Michael Conway (grandfather of the current CEO and chair), [1] it has a network of asphalt and aggregate recycling manufacturing plants serving London and the south of England, as well as two Thames-side wharves, at Erith and Gravesend. [3] The company was based in Dartford, Kent, but moved its headquarters to Sevenoaks in 2016. [4]

In February 2020, FM Conway was suspended from the Prompt Payment Code for failure to pay suppliers on time. [5] It was reinstated in August 2020 after process improvements." [6]

In the year ending 31 March 2022, FM Conway had revenues of £478.1m, up from £338.2m in 2021, with much of the growth due to the March 2021 acquisition of Toppesfield, which brought an addition £80m of turnover. Pre-tax profit was down 13% to £17.2m (2021: £19.8m). [7] Twelve months later (March 2023), the firm's turnover topped £500m, reaching £535m due to inflation and new work wins. [2] The company was ranked as the UK's 41st largest contractor by turnover according to Construction News . [1]

In May 2023, FM Conway bought Essex-based drainage contractor Flowline out of administration, saving 164 jobs. [8]

Projects

In February 2022, FM Conway and subcontractors Freyssinet and Taziker Industrial were set to start work on the restoration of Hammersmith Bridge in west London. [9]

In October 2023, FM Conway undertook repairs to London's Millennium Bridge during a three-week closure. [10]

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References

  1. 1 2 3 Pitcher, Greg (15 November 2023). "FM Conway names founder's granddaughter as new chief exec". Construction News. Retrieved 17 November 2023.
  2. 1 2 Morby, Aaron (15 September 2023). "FM Conway revenue tops £500m". Construction Enquirer. Retrieved 15 September 2023.
  3. ↑ "Locations". Fmconway.co.uk. Retrieved 20 November 2023.
  4. ↑ "Construction firm FM Conway moving HQ from Dartford to Sevenoaks". Sevenoaks Chronicle. 8 May 2015. Retrieved 15 July 2015.
  5. ↑ Prior, Grant (12 February 2020). "F M Conway suspended from Prompt Payment Code". Construction Enquirer. Retrieved 13 February 2020.
  6. ↑ Garner-Purkis, Zak (13 August 2020). "Prompt payment redemption for Kier Integrated Services and FM Conway". Construction News. Retrieved 13 August 2020.
  7. ↑ "FM Conway turnover approaches £500m". The Construction Index. 6 October 2022. Retrieved 6 October 2022.
  8. ↑ Prior, Grant (9 May 2023). "FM Conway buys Flowline from administrators". Construction Enquirer. Retrieved 9 May 2023.
  9. ↑ "Conway team to start Hammersmith Bridge stabilisation this month". The Construction Index. 14 February 2022. Retrieved 14 February 2022.
  10. ↑ Dale, Sarah (25 October 2023). "Catch net installed to soffit of Millennium Bridge to facilitate planned maintenance work". Infrastructure Intelligence. Retrieved 26 October 2023.
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