Fit-out firm BW Workplace slips into the red

Specialist London and south east fit-out contractor BW Workplace is forecasting a return to a strong financial performance next year after sliding into the red in 2021.
The firm saw revenue fall for a second year last year due to the impact of the pandemic on London fit-out work.
Turnover slumped 20% to £145m, leading to a pre-tax loss of £177,000.
But BW’s post-tax end of year performance was aided by a back-dated R&D tax credit of £5.2m, allowing it to report an aft