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UNITED KINGDOM · LISTED-PARENT SPECIALTY SUBSIDIARY

NG Bailey FY25 £662 m / £1.6 bn order book, Balfour Beatty Power Networks + Rail, Costain Energy & Water, Murphy specialty divs, Hinkley Point C + Sellafield.

UK listed-parent specialty subsidiary workforce against NG Bailey Group Limited (private; M&E specialist; FY to 28 Feb 2025: turnover £662 m up 10% + workforce 3,400 + order book £1.6 bn; Freedom Group sub £104 m turnover), Balfour Beatty Power Networks / Balfour Beatty Rail (Balfour Beatty plc subsidiaries), Costain Energy & Water (Costain Group plc segment), Murphy Group specialty divisions (private parent; rail / utilities / piling), and Carillion plc subsidiaries EXCLUDED (2018 liquidation; not a live anchor) — Companies Act 2006 s.414C strategic-report cascade from listed parent to specialty subsidiary + Modern Slavery Act 2015 s.54 group-statement cascade (single board-approved statement may cover relevant subs if signed by director of each in-scope entity).

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£662 m FY25 +10% NG Bailey Group turnover
£1.6 bn order book NG Bailey FY25
3,400 workforce NG Bailey Group
s.414C cascade Specialty-sub to listed parent

Regulator exposure profile

  • s.414C + Modern Slavery s.5428%
  • Sponsor Licence + Skilled Worker26%
  • CITB Levy + CIS + CSCS24%
  • HSE + COMAH (where applicable)22%

Named projects in this jurisdiction

  • NG Bailey Group Limited (private; M&E specialist; FY to 28 Feb 2025: turnover £662 m up 10%; workforce 3,400; order book £1.6 bn; Freedom Group sub £104 m turnover; installing M&E HVAC for EDF/EPR Hinkley Point C; Sellafield decommissioning programme Tier-1; Manchester Airport Transformation Programme £1 bn programme) NG Bailey Group Limited 2025
  • Balfour Beatty Power Networks + Balfour Beatty Rail (Balfour Beatty plc FTSE 250 subsidiaries) Balfour Beatty plc
  • Costain Energy & Water (Costain Group plc segment) Costain Group plc
  • Murphy Group specialty divisions (private parent; rail / utilities / piling) Murphy Group

UK listed-parent specialty subs: NG Bailey (private; £662 m FY25 / £1.6 bn order book / 3,400 emp; HPC + Sellafield + Manchester Airport £1 bn), Balfour Beatty Power Networks + Rail, Costain E&W, Murphy specialty. Carillion subs excluded (2018 liq.). s.414C + Modern Slavery s.54 cascade govern.

01. Pre-pricing — CSCS + CIS + Modern Slavery cascade

CSCS card per worker. CIS withholding. Modern Slavery Act s.54 cascade data per group statement.

02. Sponsor Licence + Skilled Worker + s.414C documentation

Sponsor Licence + Skilled Worker £41,700. s.414C strategic-report cascade per listed-parent reporting.

03. CITB + parent-cascade onboarding

CITB Levy reconciliation. Listed-parent group-statement consolidation (Balfour Beatty FTSE 250 / Costain LSE).

04. HMRC + HSE-defensible evidence pack

Minimum pack: UK-bank-traceable remuneration, English-language CoS + contract, CIS statements, CITB returns, CSCS card, s.54 cascade data per worker.

05. India and Gulf sourcing corridors — the UK specialty-sub pathway

Indian and Gulf specialty pools route through CSCS + Sponsor Licence + s.414C / s.54 audit-grade chain-of-custody per listed parent (Balfour Beatty / Costain / Murphy / NG Bailey).

Same application, other jurisdictions

Scope your United Kingdom Listed Parent Specialty Subsidiary engagement.

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