A Manchester construction company, which was the main contractor for I’m a Celebrity’s £7m indoor attraction in Salford, has hailed its revenue beating expectations during its latest financial year.
MC Construction has reported a revenue of £15m for the 12 months to the end of September 2021, up from the £10m it posted during the same period in the prior year.
The Salford-based business said the 36% rise was “well ahead” of its target at the start of the year.
READ MORE: Former Manchester United stars’ UA92 hires Pixel Kicks for major project
However, the figure is still down on the £19.1m it reported in 2019, prior to the Covid-19 pandemic.
Managing director David Lowe said MC Construction has begun the new financial year with a “healthy order book”, including a record number of projects in the run-up to Christmas.
Its strong performance has also led to the recruitment of nine new staff.
Highlights during the recent financial year included being appointed as the principal contractor for a £7m indoor attraction based on the blockbuster ITV Show I’m a Celebrity…Get Me Out Of Here.
The I’m a Celebrity…Jungle Challenge opened in July at Quayside MediaCity, formerly known as the Lowry Shopping Centre.
Don’t miss a thing – sign up for your free North West newsletter – and follow us on LinkedIn Email newslettersBusinessLive is your home for business news from around the North West- and you can stay in touch with all the latest news from Greater Manchester, Liverpool City Region, Cheshire, Lancashire and Cumbria through our email alerts.
You can sign up to receive daily morning news bulletins from every region we cover and to weekly email bulletins covering key economic sectors from manufacturing to technology and enterprise. And we’ll send out breaking news alerts for any stories we think you can’t miss.
Visit our email preference centre to sign up to all the latest news from BusinessLive.
LinkedInFor all the latest stories, views, polls and more – and the news as it breaks – follow our BusinessLive North West LinkedIn page here.
New clients for the award-winning company over the past 12 months include Trafford Council, THG and Master Builders Solutions UK.
The company was reappointed to Cheshire East Council framework and secured a place on the £1.6bn LHC public buildings construction and infrastructure framework.
MC Construction, which employs 60 people, undertakes building projects throughout the north west with a focus on the commercial, education, heritage, hospitality, industrial, local authority, social housing and healthcare sectors.
The firm has not revealed any profit figures for the year.
Mr Lowe said: “Although we inevitably felt the impact at the beginning of the Covid crisis, existing clients have returned with vigour and we have also secured a good number of new clients over the past 12 months.
“Towards the end of our most recent financial year, our order book was full, and our performance for the 12-month period was well ahead of our expectations, which is quite an achievement given market conditions.
“Following a healthy and successful year we are pleased to have secured a record number of projects for the pre-Christmas period, which traditionally is a quiet time of the year, and our order book is now full until March 2022.”
Read More Related Articles WeBuyAnyCar owner’s £325m takeover of Marshall Motor accepted Read More Related Articles Job-creating traffic equipment provider backed by European private equity firm