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Name: AC Group
Industry/sector: Construction, property and related services
Date founded: 1987
The boss: Andrew Laing
Location: East of England
Latest turnover: £22.5m
Three-year compound growth rate (%): 36.95
Latest EBITDA: £1.2m
Founded in 1987 by CEO Andrew Laing, AC Group’s growth has been assisted by securing prestigious contracts featuring Glasgow Hospital PFI, Willmott Dixon’s largest project, Tesco Woolwich, and Gatwick Airport Pier 5.
The latter project, which saw the company reel in £45m, involved increasing the capacity and utilisation of the existing Pier 5 as part of Gatwick’s aim to increase passenger numbers and become London’s airport of choice. The group also played a role in the structural waterproofing and cladding to the spire area of The Shard and to the lower level back of house plant rooms.
AC Group has steadily expanded to become a flooring subcontractor specialising in a variety of “disciplines”, as it calls the sectors on the site, under the umbrella of the group. AC Flooring was established in 1995, followed by the tiling division soon after. AC Waterproofing was founded in 2012 due to a gap in the market.
Laing said: “The AC Group has adapted and grown over the years, but our mission has remained the same – provide quality service as part of the most competitive packages. We understand this sector, evident through our extensive portfolio of accomplished projects and the repeat custom we have with our clients.”
The company was nominated in 2015 as one of the London Stock Exchange’s ranked 1,000 companies to inspire Britain as trend-setter in its industry.
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