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Hert WD6 1GS
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MD Update

We have completed our financial year to 31 October 2009 having weathered the storm. Sales dropped back to just over 46.0m from 49.7 previously. In my opinion this is a very respectable level of sales in a difficult market. I am pleased to report that we have maintained a healthy margin in the period.

 

 

 

Sector/Projects currently being undertaken

 

 

Residential

-         Caspian Wharf (private & social) for Berkeley Homes.

-        Attenuation Structure, Wembley for Quintain.

 

Commercial

-         New Court for Bovis Lend Lease.

-         Bartholomew Lane for Balfour Beatty.

-         Arndale Centre, Luton for Balfour Beatty.

 

Rail/Civils

-         Shared Service yard and plant room at Kings Cross.

     (Package 4) for Vinci (Taylor Woodrow)

-         T1 Energy Centre, Kings Cross for Kier.

       Bridge 410E at Blackfriars for Balfour Civils.

 

Hospitals

-         UCLH Phase 3 (The Cancer Clinic) for Skanska.

-        Lister Hospital, Stevenage for Carillion.

 

Schools

-         Crownwood School, Greenwich for Balfour Beatty.

-         Lower Academy, Basildon for Carillion.

-         Upper Academy, Basildon for Carillion.

-         The Maltings Academy, Witham for Carillion.

 

Olympics

-         Aquatic Centre for Balfour Beatty.

 

Other Public Works

-         Library of Birmingham for Carillion

 

Our current secured workload as at January 2010 stands at approximately 61.0m. We envisage our project turnover in this financial year ending 31 October 2010 will achieve circa 55.0m of which some 80% is already secured.

 

 

Regards,

 

 

Brian Morrisroe

Managing Director

 


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