News

Profit at Heatherwick Studio down 30% as turnover slips in Asia and the Middle East

By 2026-01-05T11:53:00

Thomas Heatherwick 4

Practice blamed 13% fall in revenue on timing of client billing

Heatherwick Studio has blamed a 13% fall in turnover and a 30% fall in profit this year on the timing of billing on large projects following a plunge in revenue from its two largest markets.

The King’s Cross-based firm’s income fell to £36.9m in the 12 months to 31 March 2025, down from £42.3m for the year before, while its pre-tax profit dropped from £4.7m to £3.3m

…

This content is available to registered users | Already registered?Login here

You are not currently logged in.

To continue reading this story, sign up for free guest access

Existing Subscriber? LOGIN

REGISTER for free access on selected stories and sign up for email alerts. You get:

  • Up to the minute architecture news from around the UK
  • Breaking, daily and weekly e-newsletters

 

Subscribe to Building Design and you will benefit from:

Gated access promo

  • Unlimited news
  • Reviews of the latest buildings from all corners of the world
  • Technical studies
  • Full access to all our online archives
  • PLUS you will receive a digital copy of WA100 worth over £45

Subscribe now for unlimited access.