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John F Hunt Group lost £5M due to a client’s collapse, hurting profits and future earnings.
John F Hunt Group reported a financial loss in early 2026 due to a £5 million setback from a major client's insolvency, which led to uncollectible debts and disrupted project financing.
Despite an 8% turnover increase to £193.3 million in the year ending March 2025, the company saw a sharp drop in pre-tax profit to £101,000, largely due to £5.1 million in exceptional charges.
The asbestos consultancy division posted a loss, and the firm expects lower turnover in 2026 due to project delays.
Ownership transitioned to an employee ownership trust in October 2024.
Meanwhile, Britishvolt’s liquidators decided not to pursue legal action against a former director, citing insufficient grounds.
John F Hunt Group perdió 5 millones de libras debido al colapso de un cliente, perjudicando las ganancias y los ingresos futuros.