Van Elle soars up piling specialist rankings

Aaron Morby 8 years ago
Share

Privately-owned piling contractor Van Elle has scaled the UK ground engineering contractor rankings after a year of strong expansion.

The firm cashed in on orders from the rising housing market and a focus on rail work to more than double pre-tax profits to £7.2m in the year to April 2015.

An uplift in orders over the year also saw average contract value jump from £36,000 to around £65,000, helping to deliver a 58% rise in turnover to £73.6m.

The performance saw Van Elle leapfrog Balfour Beatty Ground Engineering with sales of £71m and Cementation Skanska with £45m turnover in the year-ending December 2014.

Vinci-owned Bachy Soletanche remains market leader turning over £87m, with Roger Bullivant, now also part of the Vinci group, separately achieving £73.5m in sales.

Van Elle, which operates from six sites in the UK, managed to lift operating margins from under 7% to a sector-leading 10%.

Deputy Managing director Vic Handley said: “Everybody is incentivised to get the job done and move on quickly to the next.

“Our purchasing department operates on a negative cost basis each year where it is tasked to find savings to cover its own running costs.

This year Van Elle is looking to expand its presence in Scotland, where it presently has sales of £8m, and ramp up investment in specialist rail assets to increase market share in the sector, ahead of HS2 work coming through.

Van Elle’s growth spurt has seen salaried and weekly-paid staff headcount jump from around 300 in 2014 to 460.

Latest news

£500m southern highways framework up for renewal

Ten firms face fight to retain places on major councils roads framework
22 hours ago

Engineering losses halve Briggs & Forrester profit

Main engineering services arm suffers £1.6m loss
23 hours ago

Plans in for University of East London campus expansion

Work to start in early 2024 on 280,000 sq ft Stratford teaching and student rooms scheme
23 hours ago

CITB told to improve by Ofsted inspectors

Number of in-house apprentices drops as training body changes business model
1 day ago

IHP wins £100m Derbyshire mental health projects

Vinci/McAlpine JV will build two 54-bed Adult Acute Care units
21 hours ago

Align hits key milestone on HS2 Colne Valley viaduct

Engineers rise to the challenge to complete first V-piers in lakes
23 hours ago

£9.3bn race starts for National Grid construction partners

Plan for Great Grid Upgrade Partnership to be set out at bidders day in early June
2 days ago

Plan approved to redevelop major Glasgow shopping mall

Outline plan backed for demolition of St Enoch centre for over 900 homes, shops and leisure space
2 days ago

Banned demolition boss wins appeal to remain a director

Paul Cluskey wins Court appeal to remain director of Cantillon but steps down as MD
3 days ago

B&K confirms £140m Leeds build to rent project

Work to start on Whitehall Riverside twin blocks for client Glenbrook
2 days ago

McLaren Property to revamp Liverpool roller skating site

242-bed student scheme unveiled for sensitive site
2 days ago

Wates names Midlands construction chief

Matt Johnson promoted after just 10 months at family-owned builder
3 days ago

Glencar lands £28m Peel Ports Liverpool shed job

240,000 sq ft Alexandra Docks warehouse will be five football pitches long
3 days ago

Private equity giant buys United Living

US based investment group Apollo makes latest swoop on UK construction market
3 days ago

Quartet secure Thirteen Group £500m new homes deal

Esh, Morris & Spottiswood, ReGen and Henry Boot secure spots on new build framework
3 days ago

Luton Town FC to start new stadium before end of 2023

Talks already underway with contractors ahead of submission for detailed planning this summer
3 days ago

Plans for renovation of historic Cardiff Market

Subject to planning and final funding work could start next year
3 days ago

£53m race to cut Magnox reactor buildings down to size

Trawsfynydd reactor buildings to be reduced in height by a third
3 days ago

Cyclist dies in lorry collision outside Keltbray site

Work shut down after fatal collision with truck delivering to central London site
7 days ago

Another demolition director banned after bid rigging probe

Brown and Mason boss becomes fourth director disqualified after cartel investigation
7 days ago

Five hospitals at risk of collapse added to new build programme

Weak concrete crisis and soaring costs force £20bn hospital programme rethink
1 week ago

Scottish South West Hub names new partners

Balfour Beatty joins construction partners for first time
7 days ago

RC frame specialist Getjar revenue tops £100m again

Profit margins nearly halved in face of labour and material price rises
7 days ago

London’s Camden Council advances £470m King’s Cross scheme

Camley Street scheme to consist of 350 homes and 200,000 sq ft of offices
7 days ago

Vinci issues fraud alert to suppliers

Subcontractors targeted by scammers posing as main contractor
1 week ago

Solar panels set to cover commercial buildings

Latest government taskforce targets power potential of non-residential roofs
7 days ago

Quantum Construction collapse costs suppliers £4.3m

Liquidator reveals scale of debts at Staffordshire contractor
1 week ago

Jaguar Land Rover set to build huge gigafactory in Somerset

The vast battery plant would be one of the biggest buildings in the UK
1 week ago

Tender race starts for £95m Victoria Tower repair job

Up to five firms will be invited to bid with work set to start by end of next year
1 week ago

Go-ahead for Brum iconic curved truss HS2 bridge

Balfour Beatty Vinci will carry out one of the largest bridge launches in the UK
1 week ago

Contractor services