BIW Technologies, the UK group whose construction project software will be used to build the 2012 London Olympic village, still plans a £25m to £40m listing on Aim in the first quarter of 2009 if market conditions stabilise.

“The timing is down to market conditions more than anything,” said Bill Flind, finance director. “We were down to do it in October-November time but the market just froze. We’re all ready and raring to go when the timing is right.”