The consultant was rescued by it banks and management team last August and has bounced back from an £88m loss in 2012 to deliver pre-tax profits of £17m in the year to September.

Now it plans to recruit 600 engineers to the Infrastructure Services business over the next 12 months, including apprentices, technicians and graduates to reflect the strength and visibility of order book.

Revenue has soared again since the pre-pack refinancing deal to £555m from £50m in the previous year.

Mouchel’s surging growth is set to continue next year with over £1bn in orders taken in the financial year, catapulting the forward order book past £2bn to an all-time record.

Grant Rumbles, Chief Executive of Mouchel, said: “2013 has been a year of transformation for Mouchel.

“We over-achieved on all of our targets in our business plan. We reduced our cost base by £21m rather than the planned £18m and we have a very strong order book today in excess of £2bn.”

He added: “I am delighted to announce we are also recruiting again, 600 engineers in the next year alone.

“All of this demonstrates our long-held view that with the right debt structure, cost base and leadership team Mouchel is a profitable company with a strong and sustainable future.

“With scope for significant turnover and margin growth, and look forward to the next year with confidence.“