Modular construction specialist Integra Buildings has posted record results following a string of major contract wins.
Yorkshire-based Integra saw turnover rise 18% to £50.4m in the year to December 31 2023 as pre-tax profits rose to £6.6m from £2.8m.
Succesful projects included the delivery of a £6m new facility for a sports organisation and work with blue chip clients including Network Rail and Transport for London.
Integra has now set its sights on exceeding £60m turnover in 2025 and is investing in its team to lay the foundations for continuing growth.
CEO Gary Parker said: “Hitting £50m turnover for the first time reflects a hugely successful period for Integra, delivering impactful projects for clients spanning both the public and private sectors.
“As we have grown organically, we have evolved from a modular manufacturer to a full-service modular construction company which is delivering turnkey projects spanning design, consultation, planning, manufacture, delivery and installation.
“Throughout our history, we’ve remained focused on delivering buildings of outstanding quality. Our reputation for excellence and consistently exceeding expectations is driving ever-growing numbers of enquiries from clients looking for modular solutions to their projects.”
Chris Turner, Managing Director at Integra, said: “Our strong performance is in line with a structured growth plan which was put in place to ensure we remain at the forefront of a fast-growing modular construction industry.
“It means, as a business, we are well placed for the next chapter of our story, as we continually look to evolve the services we offer to our clients.”
Integra is midway through a £2m investment programme at its East Yorkshire site, including a self-built expansion to its modular head office.
Over the past six years, Integra’s workforce has grown from a team of 80 to around 180, and the new space will cater for the company’s expanding office-based team.
Investment has also been made to create additional storage space at the site, to accommodate growing numbers of units ready to be transported to sites.
Integra has also formed a new pre-construction team, with a focus on offering a broader, complete service to clients. It means the company is involved in projects from an earlier design and planning stage, taking the client right through to completion and handover of the building.
The firm has invested in a number of research and development projects, focused on new product development, including an innovative modular custodial cell which meets the required Government standards.
Integra believes the modular cell could hold the key to tackling the prison overcrowding crisis which has made the headlines in recent months.
