The Norwich-based firm said its order book for 2026 was “significantly stronger” and predicted turnover would climb again as delayed projects move onto site.

The privately-owned contractor saw group turnover fall 14% to £215m in the year to December 2025 while pre-tax profit slipped to £10.5m from £12.2m.

The group nevertheless continued to strengthen its balance sheet. Cash climbed by more than £10m to £80m with the business maintaining its long-standing policy of carrying no borrowings.

Employee numbers also reduced during the year by around 6% to 712 staff.

The core construction division generated turnover of £194m, down from £225m, while pre-tax profit remained resilient at £8.7m against £9.2m previously.

Manufacturing turnover fell to £36m from £43m but pre-tax profit edged up to £1.6m.

Chairman Robert Carter said: “Despite continued challenging broader economic conditions both the construction and manufacturing divisions have delivered a strong trading performance.”

He added: “Against a backdrop of wider economic and geopolitical uncertainty, we all will have to remain agile. However, with a strong forward-order book and a highly capable workforce, I am confident that the Firm will navigate any challenges that may arise.”

R G Carter has also secured a place on the Department for Education construction framework as one of three new entrants.

During the year the 105-year-old contractor also completed the transfer of its defined benefit pension scheme to Aviva following a £17m cost to the business.