Diamond drilling specialist set to hit £40m turnover

Grant Prior 10 months ago
Share

London based LDD Construction is set to break the £40m turnover barrier in its latest financial year.

The diamond drilling specialist will also see its order book hit the £50m mark as workloads continue to recover across the capital.

LDD also specialises in passive fire protection, BWIC and soft strip work and has traditionally focused on the London fit out and commercial buildings markets.

Growth in the year to June 2024 has been given a major boost by a large cut and carve project in Canary Wharf while LDD reported a rejuvenated airport sector  bringing contracts in Heathrow, Gatwick, and Manchester.

The firm has also opened a new office in East Anglia to target the life sciences market.

LDD owner Ziggy Seagroatt said the data centre market is also thriving with the firm undertaking three large fire protection packages on jobs across west London.

The contract boom has seen LDD oversee a work force of nearly 500 people currently across its jobs.

Seagroatt said: “This is a fantastic achievement with our order book for the next financial year looking even better and it has put LDD back in a really strong financial position, after what has been a challenging few years for the business after Covid.

“This past year we have worked tirelessly bringing-in better talent across our divisions which has really started to pay off. Our Fire Protection Business has gone from strength to strength especially in the airport and data centre sectors.

“Also we have opened up a new office in East Anglia due to increasing demand in the Life Science Sector.

“Norfolk seems to be a thriving area with us picking up two big projects in Kings Lynn and Norwich both from existing clients from London.”

Latest news

Three arrested in Blu-3 and Mace bribery probe

Serious fraud office swoops over alleged £3m bribes to former Mace associates
6 hours ago

Scotland’s most complex A9 dualling job heads to market

Market testing starts for £205m Pitlochry to Killiecrankie 6.4km upgrade
5 hours ago

Turkish contractor Limak to build new Luton Town stadium

Construction to start this summer on 25,000-seater venue
15 hours ago

Murphy on board at new £32m rail station

Construction to start next year at Golborne station
13 hours ago

HS2 engineers finish UK’s heaviest bridge slide early

A46 Kenilworth Bypass reopens 30 hours earlier than planned
13 hours ago

Bowmer + Kirkland to build £190m Oxford science scheme

Work to start at end of next month on 180,000 sq ft Fabrica scheme
20 hours ago

New BAM leisure centre pool springs a leak

Contractor investigating "technical issues" delaying new £36m green leisure centre
2 days ago

United Living lands £250m HyNet pipeline deal

Firm wins deal to design and build over 34km of pipework to collect CO2
21 hours ago

Hydrogen diggers get green light to use roads

JCB hails historic decision for advance of hydrogen-fuelled plant on sites
21 hours ago

Go-ahead for McAleer & Rushe Glasgow student job

£100m funding deal paves way for 591-bed student tower
21 hours ago

Fly-tippers to get their vehicles crushed

Drones will be used to identify cowboy construction waste operators
21 hours ago

Green light for £150m West End office revamp

Shaftesbury Avenue office retrofit retains 75% of original building
2 days ago

Morgan Sindall lands £20m Brunswick Wharf scheme in Bideford

North Devon waterside project will provide 100 flats
1 day ago

Former Keltbray managers jailed after corruption trial

Jail sentences following bribery probe on jobs including Battersea Power Station
2 days ago

Lidl pumps £500m into store and logistics expansion

Discounter plans 40 new stores this year as expansion ramps up
2 days ago

JJ Rhatigan UK profit jumps as turnover tops £150m

Irish contractor's expansion in England gathers pace
2 days ago

Driverless digger to be used on Taylor Woodrow site

Autonomous excavator to work at Manchester Airport after successful trial
2 days ago

MCS Build lands Basingstoke warehouse scheme

Construction starts this month after £26m funding deal
2 days ago

Leeds United unveil stadium revamp design

Club has still to set a timeframe for staged Elland Road upgrade
2 days ago

Bowmer & Kirkland boosts margins as profits surge to £69m

Revenue nudges up towards £1.3bn in year of expansion
3 days ago

Offshore construction starts on £4bn windfarm

Foundations for first of 95 turbines installed: Watch video
3 days ago

AECOM buys civils consultant Allen Gordon

Global giant acquires Scottish water and energy specialist
3 days ago

Plans in for £1bn Northern Gateway site in Manchester

Plan for 500-acre manufacturing and logistic park advance
3 days ago

RED wins £31m London Shoreditch student digs job

Two extra floors will be added to Willen House scheme
3 days ago

Deconstruct handed £12m Grenfell demolition

Firm maintaining building awarded job without bid race to speed process
3 days ago

Sizewell site workers get made to measure PPE

Bespoke fitting service on offer at new Bryson branch
3 days ago

Comment: Gateway is acting like a barricade

Contractors left banging their heads on an (unbuilt) brick wall
6 days ago

Final phase of £1.5bn Elephant and Castle revamp hits planning

Get Living submits revised plan for 500 homes and 450-bed student block
7 days ago

Ealing backs final phase of £1.3bn estate rebuild

Friary Park estate rebuild in Acton reaches end stage
6 days ago

Green light for scaled-down Nottingham student tower

Glasshouse Street scheme will deliver 247 student rooms
6 days ago

Contractor services