Thomas Sinden targets £100m turnover

Grant Prior 6 hours ago
Share

London and the South East main contractor Thomas Sinden Limited is targeting 4-5% margins on a £100m turnover after posting another strong set of results.

The Essex based firm saw revenue rise to £65.2m for the year to March 31 2025 from £38m last time as pre-tax profits increased to £2.07m from £839,000.

Cash at year-end also more than doubled to £10.2m from £4.8m.

Steve Wood, Commercial  Director said: “These results represent a major milestone for Thomas Sinden.

“We’ve laid the groundwork over several years to build a scalable, efficient business that  delivers high-quality construction outcomes collaboratively and consistently. Whilst there is still  more work to be done to return to pre-Covid margin levels, we’re on a clear trajectory.

“Our  medium-term goal is to achieve net margins of 4–5%, and an increase in turnover to £100m.

“Our strategy has never been about growth for growth’s sake.

“We focus on  building long-term partnerships and delivering value in every project. This customer-centric  ethos is a key reason why we are consistently trusted with complex, high-quality work in both  public and private sectors.”

Latest news

Mace sells consulting business to Goldman Sachs

Sales gives construction bosses "opportunity to refresh and simplify" operation
2 hours ago

Funding deal ignites £1.9bn Birmingham Smithfield rebuild

Lendlease and Crown Estate JV gears up for early 2026 start
7 hours ago

Van Elle profits slump as Canadian arm racks up losses

Pre-tax profit nearly halves to £3m as Canada ops review looms
6 hours ago

Dalkia Engineering rebounds from £14m loss to post profit

Order book hits £191m after turnaround year at M&E specialist
7 hours ago

Thomas Sinden targets £100m turnover

Essex contractor posts strong set of results as profits more than double
6 hours ago

Kier lands £139m Severn Trent job as water work ramps up

Major Leicestershire sewage works overhaul starts this summer
6 hours ago

Unite hotel builder arranged football flights for ex-union boss

Report into £30m cost overruns hears contractor was guaranteed a 12.5% profit margin
19 hours ago

Glencar wins Essex business park deal for Panattoni

Work to start on extension to Braintree site
7 hours ago

Henry Brothers to build £25m diagnostic centre

Enabling works to start this month on Nottingham site
6 hours ago

Sizewell C go-ahead as funding deal signed at £38bn

Government takes 44.9% stake in huge public investment
1 day ago

Kier chief Andrew Davies to retire in October

Construction MD Stuart Togwell to take over the reins
1 day ago

New Gateway 2 guide in bid to ease bottleneck

Authorities want 'plans off the page and onto site as quickly as possible'
2 days ago

Van Elle takes over Volker piling kit in strategic tie-up

Concrete piling assets switch hands in strategic partnership
1 day ago

Midgard to start £145m Birmingham towers

Funding deal clears way for 581 flats near Centenary Square
1 day ago

SDC gets date for £60m iconic Stirling Building revamp

Work to restore Cambridge University building set for early 2026 start
1 day ago

Network Plus names new COO

Utility and infrastructure firm promotes Dave Prescott
1 day ago

Solid wall insulation scandal kicks off shake-up

Expert panel launched to rebuild trust in retrofit standards
2 days ago

Siemens wins converter station jobs on £2.5bn EGL4 subsea link

HVDC deal marks major step forward for third Scotland-England power route
2 days ago

Guinness opens bidding on £250m remediation framework

Fire and structural remediation jobs up for grabs nationwide
4 days ago

Gloucestershire plans £60m highways major works deal

Bidding to start this Autumn for large highways and structures framework
2 days ago

Wills Bros wins latest £152.7m A9 dualling deal

Contractor beats off competition from Balfour and Graham
5 days ago

True cash cost of HS2 to date tops £40bn

New figures ditch 2019 prices as project switches to full cash terms
4 days ago

Roe Developments wins next phase of Clowes business park

Enabling works underway on latest Clowes Developments project
2 days ago

Lorne Stewart pulls plug on modular arm as losses mount

MDSL modular business wound down as parent LSRM reports £1.9m loss
5 days ago

New law to force tower block cladding fix by 2029

Jail threat looms as £1bn fund launched to fix unsafe social housing
6 days ago

Infrastructure Pipeline published with 780 projects worth £530bn

New online tool to provide live updates on hundreds of schemes
6 days ago

World’s largest crane lifts Hinkley dome: Video

Construction times cut by 30% on nuclear site
6 days ago

Aviva funds council housing push in north London

Barnet council seals first big institutional funding deal for housing
5 days ago

Tarmac lands Welsh road repairs deal

Tarmac will also be able to bid for improvement work on the A55 North Wales Expressway
5 days ago

Flannery invests £22m with JCB to boost fleet

Plant hirer strikes latest deal with machinery giant as fleet investment continues
6 days ago