Bottom line hit but revenue up to 拢650m

The firm building a 拢120m training complex for Leicester City said pre-tax profit slipped 11% last year to 拢3.3m.

McLaren is due to finish the scheme for the high-flying Foxes later this year and is hoping to land another high-profile sports job this spring 鈥 the 拢72m job to build the centrepiece athletics stadium for the Commonwealth Games in Birmingham in 2022.

jamie vardy

Source: Shutterstock

Leicester City striker Jamie Vardy will be training at a McLaren-built complex later this year

But in accounts now filed at Companies House the firm said profit was down in the year to July 2019, with operating profit falling a quarter to 拢3.6m. Turnover was up from 拢586m to 拢651m.

The firm, which completed work on AHMM鈥檚 scheme to turn the former Guardian building on London鈥檚 Farringdon Road into a new office for social media firm LinkedIn during the period, said it was targeting more public sector work through national and regional frameworks.

McLaren, which is also building a new London headquarters for Currie & Brown owner Dar at 150 Holborn, said it had achieved BIM Level 2 accreditation during 2019.