Strong bargaining period for construction company Speller Metcalfe

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Based in Malvern Metcalfe spelling today released its 12-month accounts for the period to March 2022, confirming a solid trading period for the regional entrepreneur during a period of instability for the industry.

The figures demonstrate a slight increase in pre-tax profit to £554,000, compared to figures published for 2020-21.

Revenue remained stable at £104.2 million.

James Speller, Managing Director of Speller Metcalfe, said: “This year’s accounts highlight a strong year of sales and earnings for the business, reflecting our sustainability strategy over a year significant cost increases for the industry.

“While this has created challenges, we have continued to invest in our services and people, building on a corporate culture that sets Speller Metcalfe apart as a leading regional contractor and continues to attract certain of the best talent in the industry.

Investment in the business comes in the form of technology and staff training, with the entrepreneur building his own e-learning platform and using the latest drone technology in-house to support site logistics, topographic surveys, roof inspections and material management. plans.

Speller Metcalfe has also continued to focus on retaining clients who have a strong pipeline of work – a strategy that has proven successful and includes placement on a number of executives – currently 24. This includes the likes of Procure23, Crown Commercial Services, DWP, Pagabo, Building West Midlands and SCF Residential.

They continue to supply mainly to the public sector, which has included many leisure, healthcare and housing commissions in 2022, such as the new £19.4million Forest of Dean community hospital, leisure center £13.8m Tarka at Barnstaple and the £12.6m redevelopment. from a site in Bristol into 74 housing units for Yarlington Homes (contractual values).

In March 2023, the contractor has already obtained 91% of its planned workload, which increases to 96% for projects that are currently subject to PCSA agreements.

“Our focus for the next 12 months continues to be to create a sustainable business model aligned with our expertise,” Jacques continues.

“But that doesn’t mean we’re going to stagnate. Innovation has always been a key driver for Speller Metcalfe, which will allow us to compete with the best in construction and deliver strong results for our customers for years to come.

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