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Business News in County Durham

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Construction firm buoyed by strong year

Construction firm buoyed by strong year

A County Durham-headquartered construction company has posted a huge rise in turnover and more than doubled pre-tax profits, with its order book now at an "unprecedented level" and substantial growth in activity levels "guaranteed".

Partner Construction was founded in 2011 and has offices in both Spennymoor and Derby. Specialising in residential schemes, it employs a workforce of about 45.

In accounts covering its latest financial period, the company said it had enjoyed a "substantial improvement".

Turnover was up to £35.6m for the year to 31 March 2017, compared to £21.8m the previous 12 months.

Pre-tax profits also increased from £608,497 to £1.78m.

Partner Construction said activity levels had increased month on month, with the housebuilder closing the year with monthly revenues "at the highest" since its formation.


Commercial Property In County Durham

See map below for Business Durham’s commercial properties.