Profits soared as double-digit sales growth was enjoyed by an East Yorkshire modular building specialist, latest figures have revealed.
Integra Buildings Ltd’s filed accounts for 2019 showed turnover leap from £25.4 million to a shade under £28 million, with pre-tax profits rising from £570,000 to almost £1.5 million.
Based in Paull, on the outskirts of Hull, the company is one of several in the region at the forefront of the rapidly expanding sector.
It was a strong start to life in a stunning self-built headquarters, a £3 million investment completed in late 2018.
And bosses are confident they have weathered the coronavirus pandemic, trading at a “satisfactory level” throughout.
Managing director Gary Parker said: “We’re delighted with the company’s strong financial performance over the course of the year, which reflects our continued growth and development.
“This has been achieved by maintaining the highest levels of quality and focusing on exceeding our clients’ expectations.
“In response to the Covid-19 pandemic we put in place measures to mitigate the risks to staff and the business, which enabled us to continue production and deliver projects successfully throughout the crisis, delivering key projects including for the NHS.
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“We’re confident the company is well positioned to emerge from this uncertain period in a very strong position.”
In 2019, a year which saw Integra crowned Large Business of the Year at the Hull Daily Mail Business Awards, the team was expanded too, with 12 more staff were taken on in the period.
Recruitment took the headcount into three figures, with 108 employed as the calendar year closed. Increases in both production and administration and sales were made, with the growing customer base ranging from tier one construction companies, to local authorities and public sector frameworks.
Highlights of the “highly successful business year” were listed, with the company named as one of just 24 contractors for the Government’s pioneering £1.2 billion drive to deliver modular building projects to public sector organisations, as well as the completion of the Launchpad development - a 30 studio apartment block for young people in Bristol.
The provision of essential works for the NHS, including staffing facilities for Norfolk and Norwich University Hospitals NHS Foundation Trust, was also included.
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