Carillion sells contracts.

So the nine companies who have turned over more money than Carillion in the last twelve months are not bigger than Carillion because turnover means nothing?

Carillion could have had 10 billion of jobs on the go and decided to win fuck all in a year

Turnover means fuck all if it costs you 11 billion to turnover 10
 


Turnover £10 million

Costs you £12 million to do it

Nope you've still got me stumped.
So the company turning over the most money on a rolling twelve monthly basis is not considered the biggest contractor if it's not making money on those contracts? The post was not talking about the most profitable company in the country it stated they were the biggest. They're not.
You're obviously a QS.
 
Nope you've still got me stumped.
So the company turning over the most money on a rolling twelve monthly basis is not considered the biggest contractor if it's not making money on those contracts? The post was not talking about the most profitable company in the country it stated they were the biggest. They're not.
You're obviously a QS.

I was on about in general not just 12 month

Yes I’m a qs worked for Carillion

Says it all I suppose
 
If Carillion have a pension shortfall of £587m, and they go under, does that mean the state then have to cover that or do literally tens of thousands of people lose everything they've saved towards their pension?
 
Correct .Dirty washing baskets fill me with glee.


This.I have a mate who had an electrical services company, kept banging on about his turnover this,turnover that blah blah .2 million turnover, never made fuck all went pop and took loads down with him.
I on the Other hand have a nice little set up,I have a couple of lads on for me and do quite well for myself.
I graft for one thing. Money.
Stick ya turnover, fuck ya prestige contracts and high profile clients.
One thing in life is certain, someone will fuck you over. Margins are so tight that if one contract in 20 goes tits up, youve lost any profit in the others.
Exactly mate. Great post. I was talking to a lad who trained with me. His turnover was the same as mine he said, got down to the nitty gritty he was losing £300 a week in the year I done £60k profit.
It all came down to vehicles, the one thing he bragged about his l200, his wife's rangy and new transits for the lads. Costing him £3500 a month. Obviously he had other problems.
 
Can one of you explain to me how turnover means nothing?
Can you explain then in 2013 BB had a turnover double that of carillion, yet BB who were ranked 1 for turn over made 4 million. Carillion, who were ranked 2nd on turnover, made 110 million. The year before, almost identical figures.
Turnover means back shit.
I do very nicely in what I do with a modest turnover.Profit and in the case of large construction companies, share price is key. Carillion were streets ahead making them the largest.
For the record in not a carillion fan but they were undoubtedly the largest.They got too big for their boots and paid the penalty.Much like Owen Pugh, but in a much grander scale. There's a message somewere in all that, companies should stick to what they do best.
 
I know a kid works for Carillion. Works from home. At least once a week he gets his mates round and they play poker, watch At The Races and have a drink. Doesn't do any work. Says it all really.
 
Can you explain then in 2013 BB had a turnover double that of carillion, yet BB who were ranked 1 for turn over made 4 million. Carillion, who were ranked 2nd on turnover, made 110 million. The year before, almost identical figures.
Turnover means back shit.
I do very nicely in what I do with a modest turnover.Profit and in the case of large construction companies, share price is key. Carillion were streets ahead making them the largest.
For the record in not a carillion fan but they were undoubtedly the largest.They got too big for their boots and paid the penalty.Much like Owen Pugh, but in a much grander scale. There's a message somewere in all that, companies should stick to what they do best.

A few points to consider, your earlier post said they were the biggest contractor today by far, it didn't mention 2013.
Your post above is again talking of profitability which doesn't make them the biggest.
It's been shown that the high profitability and subsequent high share value was due to false reporting of profit on contracts and as the true facts came out the profit warnings came and the share price tumbled.
Basically they massaged the truth of their true wealth in order to take out Balfours but it's backfired spectacularly
 
A few points to consider, your earlier post said they were the biggest contractor today by far, it didn't mention 2013.
Your post above is again talking of profitability which doesn't make them the biggest.
It's been shown that the high profitability and subsequent high share value was due to false reporting of profit on contracts and as the true facts came out the profit warnings came and the share price tumbled.
Basically they massaged the truth of their true wealth in order to take out Balfours but it's backfired spectacularly
Fucks sake man.I said they were the largest.Thats because on paper they were.The fact they may have dressed up the figures is materless. Couldn't give a flying fuck that theyve failed.They remind me of Tesco tbh.
 
Another company too big to fail. See there’s talk of tax payers bailing them out
Don’t think that’s going to happen. I reckon the government will lend the administrator £300m to keep them going, the administrator will sell off whatever it can, pay the government the £300m back and the creditors will get the rest. Certain contracts will be tuped back to the government where they were originally.
 

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