The contractor pushed gross revenue, including inter-group trading, up 12% to £692m in 2025, with consolidated reported revenue rising 11% to £600m.

Pre-tax profit climbed by 27% to nearly £15m as operating margin strengthened to 2.4% from 2.1%.

The improved margin shows the firm’s selective approach to lower risk jobs is starting to bite after steering clear of higher-risk mega schemes.

Cash jumped 28% to £65m, leaving the business debt free, while headcount stood at 1,268 as it backed growth with targeted hiring.

Tilbury Douglas said its focus on education, healthcare, justice, defence and water is aligned with long-term government spending plans, giving it a stable pipeline to build on.

Tilbury Douglas has also built a record £1.48bn order book, up 17%, giving it strong visibility with secured work covering all of its 2026 revenue and more than half of 2027.

Chief executive Craig Tatton said: “Our 2025 performance reflects the strength of our business model and our focus on sectors that offer long-term demand with a balanced risk profile.

“By leveraging our regional presence and investing in our customer and supply chain relationships, we continue to deliver high-quality outcomes across our business service lines.

“We remain firmly committed to becoming the leading UK contractor in our chosen sectors by 2029.

“To achieve this, we are targeting a £2bn+ order book and an operating margin in excess of 3.5%, all underpinned by a strengthened balance sheet.”